Oracle Intelligent Advisor (OIA)

Oracle Intelligent Advisor (OIA) for Business Rule Engine Automation and Decisions.

‘Oracle Intelligent Advisor’ Formerly known as ‘Oracle Policy Automation (OPA)’ is designed as a specialized decision-making platform. While it provides the benefits of a traditional technical rules platform, it is optimized to automate complex policy logic that drives decision making and calculations. Oracle Intelligent Advisor (OIA) is a good fit and helpful for all business problems and challenges like:

  • Inconsistent and expensive interactions with customers
  • Problems with compliance
  • Difficulty implementing policies/Rules
  • Modernization of existing IT systems
  • Lack of business/policy stakeholder involvement
  • High cost of solution customization
  • Lack of rapid and incremental return-on-investment
  • Poorly designed legislation or policy
  • Lack of business process agility
  • 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

OIA 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
OIA 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
OIA for Healthcare Insurance TPAs

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

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

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

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

Oracle Intelligent Advisor (OIA) for Business Rule Engine Automation and Decisions.

‘Oracle Intelligent Advisor’ Formerly known as ‘Oracle Policy Automation (OPA)’ is designed as a specialized decision-making platform. While it provides the benefits of a traditional technical rules platform, it is optimized to automate complex policy logic that drives decision making and calculations. Oracle Intelligent Advisor (OIA) is a good fit and helpful for all business problems and challenges like:

  • Inconsistent and expensive interactions with customers
  • Problems with compliance
  • Difficulty implementing policies/Rules
  • Modernization of existing IT systems
  • Lack of business/policy stakeholder involvement
  • High cost of solution customization
  • Lack of rapid and incremental return-on-investment
  • Poorly designed legislation or policy
  • Lack of business process agility
  • 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

OIA 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

OIA 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

OIA for Healthcare Insurance TPAs

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

OIA 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…..

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

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