FICO white paper
Enhancing Business Process Management with Business Rules
While a business process management (BPM) system can save time and cut costs by governing process, it can’t decide what to do, given a particular circumstance. Today, many business decisions must be made amid change and uncertainty. How do you, for example, track and detect evolving fraud schemes? Price according to economic trends and risk levels? Keep up compliance with new regulations? Market to changing demographics?
The answer lies with business rules. A business rules management system (BRMS) enables the right decisions to be made quickly, giving businesses the agility to react to changing regulations or fluctuating markets, or to modify or launch a program, such as new pricing strategies for a loan product or insurance policy.
You may also be interested in this paper:
Why Business Rules Are Critical for Retail Success
This white paper includes case studies illustrating how Coca-Cola and Dell are building a customer-centric infrastructure that is driving business results.
Sponsored by:
* Registration information will be shared with our sponsor. FICO values your privacy and will treat the information we collect from you as a result of your registration in accordance with the FICO privacy policy. To view privacy policy, click here.