Enterprise Rule Automation

Enterprise Rule Automation

Oracle Intelligent Advisor (OIA) formerly known as Oracle Policy Automation is a decision-making platform. It is optimized to automate complex policy logic that rives decision-making and calculations.

Few challenges which can be mitigated with the help of Rule Automation are as follows:

  • Inconsistent and expensive interactions with customers.
  • Difficulty in implementing policies/Rules.
  • Modernization of existing IT systems.
  • Lack of business/policy stakeholder involvement.
  • Lack of rapid and incremental return-on-investment.
  • Poorly designed legislation or policy.
  • IT Bottleneck due to complex coding and frequent changes of rules.
  • Lack of centralised Business Rule Engine to automate business process management workflow in terms of end to end digital transformation.

Rule Automation for Financial Services

  • Self-service Applications and Online Forms
  • Quick Quoting/illustration
  • Underwriting
  • Loan Origination and Pre-authorization
  • Needs Analysis
  • Regulatory Compliance
  • Bank Charges and Waiver rules

Rule Automation for Life Insurance Industry

  • Insurance Policies created in OPA as repository
  • Premium calculation and Policy Illustration to customer - online
  • Auto Under Writing
  • Sales Agents Incentives and rewards calculations
  • Insurance Claim Validation and Fraud detection.
  • Self-service UI for sales agents for cross sell and upsell, it includes premium calculation, illustration and quote.
  • Self-service forms as extended functionality to the existing business portals/applications

Rule Automation for Healthcare Insurance TPAs

Healthcare Insurance TPA business processes are majorly depending on the rules and validations. The entire rules can be created and maintained in OIA and those rules can be referred for the operational processes like:

  • Pre-Authorization Validations.
  • Claim Validation.
  • Claim Settlement amount reporting.
  • Tariff Management.
  • Self-service UI to Hospitals for filling up the claim data and uploading requisite bills/documents.
  • Fraud detections.

Rule Automation for Manufacturing and Distributions

  • Dealer Schemes and Incentive Management System.
  • Dealership Network Performance Management System.
  • Domestic and International Warranty Claim Management System.
  • Quality Assurances.
  • Contract Management.
  • Shipping, import/Export duty and taxation calculators.

Many Other Industries

OIA can be implemented across the business processes in various business domains. Below is the list of domains a few to name:

  • Travel and Transport
  • Healthcare
  • Media and Entertainment.
  • Oil & Gas
  • Pharma
  • BPO Services
  • Social Services
  • Taxation Services
  • Licensing, Permitting and Inspections
  • Immigration & Visa Management

A Brief Insight about OMFYS – The Inception

OMFYS is a one stop source for Digital Transformation solutions and services. OMFYS is a global IT company, having a presence in India, UAE, UK and USA. OMFYS provides solutions and services for enterprise business process digital transformation.

OMFYS mainly offers; business rule engine automation, business process management workflow automation, predictive analytic platform, visualization solutions, digital assistant platform (AI ChatBot) solutions, RPA & Cognitive Solutions, middleware solutions, and other cutting edge technology Integration Solutions on Cloud.

OMFYS has a highly skilled, well-trained and motivated team ready to work cohesively to deliver business process digital transformation solutions and services across India, UK, US & APAC regions. The business operations across the globe are efficiently supported by the company’s development centers located in India, UK and US.

Why OMFYS

OMFYS transforms the enterprise business processes to Industry 4.0 level by automating Process Management Workflow, Business Rule Engine, Business Application solutions, Digital assistants and Digital Workforce Platforms, Application Integrations, AI & Analytics and Mobility. Fulfilling consumer requirements and providing solutions are a result of a detail oriented methodology that we at OMFYS can efficiently navigate through. Our Minds For Your Solutions is the perfect cross-road for Digital Transformation.

The Key differentiator

  • OMFYS is a one stop source for implementing the entire stack of the Digital transformation platform.
  • OMFYS has great success stories around transforming enterprise business processes and improving operational agility, employee experience & customer experience.
  • Pioneer in Oracle Digital Assistant (AI Chatbot) platform solutions
  • OMFYS is specialized in having core expertise in Oracle iPaaS/PaaS solutions like, Oracle Integration Cloud, Oracle Analytic Cloud and Autonomous Data Warehousing, VBCS and APEX, etc.
  • Partner with Oracle Corporation, and preferred SI for Cx cloud and iPaaS/PaaS solution Implementations.
  • •Strategic partner with Automation Anywhere Inc. We have been recognised for "Excellence in Business Process Automation – India" as part of Automation Anywhere’s prestigious IMEA Partner Awards 2020.
  • •Practice-wise/technology-wise CoE in order to ensure excellence and scalability in project delivery.