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From Spreadsheets to Business Rules Engines: Navigating the Shift to Smarter Decision-Making

According to Gartner's study, 65% of today's decisions are more complex (involving more choices or stakeholders) than 2 years earlier.McKinsey & Company study showed that 20% of respondents think, their organization's decisions are not optimal. 68% of mid-level managers and 57% of C-level executives say their decision-making is time inefficient.

Technology

April 9, 2024

Revolutionizing Logistics and Transportation with Rules Engine Technology

Back in the day, Global Positioning System, known as GPS, has revolutionized the entire supply chain management by enabling real-time tracking.

Other

April 4, 2024

Navigating the Future of Decision Management - Rules Engines vs. Machine Learning

Discover how combining Business Rules Engines with Machine Learning revolutionizes decision management, enhancing efficiency and enabling data-driven, automated decisions to adapt quickly to changes and predict future trends.

Technology

March 28, 2024

Role of Business Rules Engines in Financial Compliance and Risk Management Automation

Analyzing the impact of Business Rules Engines on financial compliance and risk management, this article discusses how automation with tools like Higson can significantly reduce compliance costs, mitigate risks, and ensure regulatory adherence in the dynamic financial sector

Finance

March 20, 2024

Business Rules Engines in Loan Calculators

Explore the efficiency of Business Rules Engines in speeding up loan applications, reducing errors, and ensuring compliance. BREs cut down loan closure times, streamline document handling, and adapt to regulatory changes, revolutionizing financial institutions' lending processes.

Finance

March 5, 2024

Insurance Pricing Automation – Streamlining Rates in Insurance with Business Rules Engines

Business Rules Engines (BREs) automate insurance rate management, enabling dynamic pricing and real-time rate adjustments. This technology increases efficiency, accuracy, and customer satisfaction by responding swiftly to market and regulatory changes.

Insurance

February 27, 2024

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