DecisionRules Academy Introduction
Discover the capabilities of DecisionRules
Benefits of a codeless solution
Many organizations use code-based rules. Thus, when any change is made to the logic or individual values such as insurance rates or seasonal sale discount code, a Business Description needs to be created by the development team who then implement the change in production. Such a change can take several days and requires a whole team of developers to implement it. But what if there was a way to transform your business logic into rules without having to use any code? Automate your processes with DecisionRules. Create, deploy and manage your Business Rules thanks to our user friendly UI.
Industries and uses cases
DecisionRules is a really versatile tool which can be used across industries and use cases. To be a bit more concrete we would like to mention some examples currently used in industries such as Banking and Finance, Insurance, Healthcare, E-commerce, Logistics and more. In addition to industry-specific cases, you will find general use cases such as dynamic pricing and forms, client scoring and segmentation, product selection. And this is just a fraction of what DecisionRules can be used for.
Finance & Banking
Loan approval
Automation of the underwriting
Creation of scorecards
Client validation
Examples of our clients in finance: PayJustNow, Swoop Funding, First Response Finance, Teya, Rupify, Stone
Insurance
Limit calculation
Policy validation
Client eligibility check
Claim validation
HealthCare
Medical information evaluation
Treatment recommendation
Compliance and policy rules
Claims processing
Our current clients in the health sector are Medical and Veterinary clinics and Insurance agencies
E-commerce
EAN code and product parameters validation
Price and discount calculation
Product categorization
Examples of our clients in e-commerce: Mix, Wolford or Kotsovolos
Case Study with Mix.com
Telco
Creation of tailored offerings
Individual pricing
Logistics
Packaging selection
Delivery method/ provider selection
Warehouse and delivery route selection
Rule types
There are several types of rules in DecisionRules, and each can be used to create a different type of decision. For simple decisions following an IF - ELSE logic you can use Decision Trees. For more complex logic use Decision Tables, where each row corresponds to some combination of condition and result.
While it is true that our business rule engine is low-code and does not require knowledge of programming languages, one type of rule we do offer is a Scripting Rule, whose content is JavaScript code. This is a rule that allows you to enrich your decision-making process.
Lastly, we also offer the Rule flow. With this rule, you can create an entire decision process or maybe a part of it that shares a common logic. In a simple editor, you can easily link individual rules together as they logically follow each other.
See Rule Types section for more information about each rule type.
Delivery of new rules or changes using versioning
With versioning, you can work on or use multiple versions at the same time. While your current version is in production, you can be already working on new versions that include changes or fixes to your logic. You can change the content of all versions separately and test them independently.
DecisionRules Deployments Options
The easiest way to start using the DecisionRules application is by using the Public Cloud. This Software as a Service (SaaS) solution, with global coverage and low response time, is ready to use in 2 minutes. All you have to do is create an account to use it. You can also use Regional Clouds, where you get all the benefits of Public Cloud with the guarantee of data residency in the region. You can choose from the following regions - European Union, The United States and Australia.
Another option is to use Private Managed Cloud, where the cloud instance is dedicated exclusively to you. You choose your favorite cloud provider (Amazon, Microsoft or Google) and tell us your performance requirements. Based on all your requirements, our certified professionals will build the environment for you. Another advantage is the availability of Single Sign On (SSO) options.
The last option is Private Cloud or On Premise. DecisionRules can be deployed directly to your infrastructure either in your private cloud or on your own servers. Advantages are data privacy and residency, SSO and absolute control of your environment.
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