Business Rule Management Solutions

Business Rule Management Solutions
Business environments change quickly and unpredictably. This makes flexible business policies those that can change frequently and quickly a necessity, because only such responsive policy changes will let a business stay competitive or even viable. For organizations to respond/adapt quickly to changes, the underlying logic that drives business decisions cannot be buried within disparate systems. Businesses must become more agile and the need of hour is to transform the logic into better executable models.

 

Organizations have started to embrace Business Rules Management Solutions to empower business users to manage the decisions, thereby increasing business agility and decreasing time-to-market. This is because Business Rules Management liberates the underlying decision-making logic from separate applications where it has been buried within the application code. A Business Rules Management System (BRMS) is a software system used to define, deploy, execute, monitor and maintain the variety and complexity of decision logic that is used by operational systems  within an organization or enterprise.

Transformation Initiatives using Business Rules

With a host of different IT solutions present, one needs to analyze and assess the benefits of making Business Rules Management part of any organization’s enterprise architecture.

Business Process Management – Business rules help an organization’s business process management initiative by capturing and executing decisions, thereby aiding in decision automation.

Legacy Modernization – As part of legacy modernization activities, harvesting and externalizing rules helps validate and redeploy business knowledge into new applications. Other advantages include improved consistency and manageability of business knowledge and lower maintenance costs.

Re-platform Initiatives – As part of re-platform (or adoption focus) initiatives, organizations can converge towards externalizing the key process-data model into a powerful decision strategy incorporating transparent and centralized business rules.

Regulatory Compliance – Regulatory bodies increasingly require organizations to make their strategies transparent and in alignment of specific norms. Business rules can be particularly helpful in implementing a strategy which can be automatic, easily manageable and highly responsive to changing regulatory policies.

Heights BRMS Solution Methodology

Heights dedicated team of domain and technology experts has built a 360 degree methodology that acts as a value maximization framework, approach and methodology that enables organizations to reap rich benefits both in terms of cost, efforts and also help in succeeding with overall goals and objectives. We call it the iBEAT methodology (integrated Business Rules Externalization and Transformation).

Heights has deep experience in implementing Business Rules Management using Blaze Advisor across multiple initiatives. We focus on creating a unique customer experience by reducing the overall cost of project implementation, leveraging our unique methodology and differentiated offerings, in addition to setting up a Blaze Advisor Center of Excellence (CoE).Read about the key focus areas for BRMS implementation from a business as well as technical perspective.

Benefits
  • Helps deliver flexible decision automation for operational decisions associated with organizational policies, from capturing business requirements through rules deployment.
  • Step-by-step approach and value generating tools makes iBEAT an end-to-end BRMS solution.
Additional benefits include
  • Increased business agility
  • Reduced time-to-market
  • Informed decision making
  • Increased revenue opportunities
  • Clearer audit ability
  • Consistent application of business rules across the organization.
  • Better alignment and understanding between business and technical teams.
  • More reusable business logic
  • Increased customer satisfaction

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