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Effective URL: https://www.decisionrules.io/articles
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Sign UpLogin Product Functionality Features Business Intelligence Integrations Roadmap Get DecisionRules Get DecisionRules Azure Marketplace Docker Showcase Docker Containers Resources Documentation Blog Sample Apps FAQ Solutions Financial Services E-Commerce Energy & Utilities Insurance From Our Blog Risk-Based Decision Making Manage Your Team with Advanced Permissions Solutions Solutions Financial Services DecisionRules supports financial services & fintech. E-Commerce DecisionRules supports online services & e-commerce. Financial Services Insurance E-Commerce Energy & Utilities Healthcare Sample Apps Partners Get to know all the proud partners of DecisionRules. Company Read about the company and team behind DecisionRules. Travel Insurance Loan Calculator Rubik's Cube Solver More Sample Apps Solutions Blog Pricing Company Financial Services DecisionRules supports financial services & fintech. E-Commerce DecisionRules supports online services & e-commerce. Company & Partners About DecisionRules Partner Program Partners Get to know all the proud partners of DecisionRules. Company Read about the company and team behind DecisionRules. Social Media Twitter LinkedIn Learn Highlights Docs Home Spaces API Audit Logs Rules Decision Tables Decision Trees Rule Flows Scripting Rules Tutorials Create Decision Table Create Rule Flow Create Scripting Rule Sign UpLogin DECISIONRULES BLOG Learn more about DecisionRules! We have some interesting articles here. EXPLORING DYNAMIC PRICING USING DECISIONRULES Dynamic pricing is a strategy that uses variable prices instead of fixed ones. Dynamic pricing concept, as such stands unsurprisingly in opposition to what we might call Static pricing. With static pricing a fixed price might stay for a very long time, even if it is no longer competitive, until someone comes and changes it. With dynamic pricing, it is possible to adjust prices continuously and automatically, based on many different factors. This allows you to always keep the prices of your product relevant and competitive. Please note, Dynamic Pricing is different from the concept of what we would call Personalized Pricing, which is a strategy that uses clients' data to set the prices and could be considered, at the very least, controversial or even dangerous for the customer's trust. September 25, 2023 HOW TO BUILD A COMMISSION MODEL USING DECISIONRULES PART II Commissions play a pivotal role in various industries, especially in the financial sector. In this article, we dive into the practical implementation of commission management and calculation using DecisionRules.io. In the first part, we'll explore the layers of the commission calculation model, rule variables, activation management, and input/output models. In the second one, we will look into examples of concrete rules, integration of DecisionRules with external systems, and Reporting of Commissions. September 5, 2023 DECISIONRULES RUBIK’S CUBE PUBLIC RELEASE WITH GUIDANCE MODE Unravel the mystery of the world's top-selling puzzle using DecisionRules! As mentioned in our earlier blog post about the iconic Rubik's cube, we have introduced software functioning within the Unity platform that has been specifically designed to decipher the Rubik's cube. This is made possible by utilizing the renowned "CFOP" solution method, thanks to DecisionRules. And now, it's readily accessible to all! August 21, 2023 HOW TO BUILD A COMMISSION MODEL USING DECISIONRULES In this article, we will tackle commissions. A commission-based reward system is widely used in various industries. In this case study, we will focus on the financial sector and describe how DecisionRules can be helpful in managing the complex logic behind tailored commissions. July 24, 2023 CLIENT'S CASE STUDY: E-COMMERCE - MIX.CO.UK Uncover the impact of DecisionRules in enhancing the operations of The Mix, a UK-based e-commerce enterprise specializing in Garden and Home Furniture. By overcoming challenges in customer prioritization, product information validation, and text precision, DecisionRules introduced scalability, flexibility, and functionality. Through automated repricing, text accuracy checks, client scoring, barcode validation, and product information verification. July 4, 2023 CLIENT'S RECOMMENDATION: PAYJUSTNOW Read more about why is DecisionRules recommended by one of South Africa's leading Financial Institutions June 16, 2023 CLIENT'S CASE STUDY: FINANCIAL SERVICES Revolutionizing Financial Services: Discover how our client, an industry-leading financial services provider, overcame the challenges of maintaining a costly and inflexible hard-coded rules system. Learn how our tool empowered their team to design, test, and deploy rules in minutes, unleashing a new era of agility and growth. Join us on their journey of transformation and explore the possibilities of DecisionRules. June 12, 2023 HOW TO USE DECISION RULES FOR LENDING IN FINANCIAL SERVICES - ELIGIBILITY Following up on the series of articles describing the application of DecisionRules in financial sector. We will focus on the elibitility filters in Lending process. April 6, 2023 HOW TO USE DECISION RULES FOR LENDING IN FINANCIAL SERVICES In this article, we will showcase the use of DecisionRules in a financial services environment, more specifically in the approval process for applications for lending products. Unlike in the sale of consumer goods, when customers want to “buy” a credit product they need to be accepted by the institution providing the funds – the approval process is made up of a series of go/no-go decisions based on the perceived level of risk of the customer, suitability of product, and pricing (commensurate with level of risk). March 27, 2023 HOW TO BUILD A LOAN CALCULATOR USING DECISIONRULES: A TECHNICAL GUIDE The world of finance can be quite complicated. That’s why we chose a Loan Calculator as our next sample application. In this article, we’ll provide a detailed and easy-to-understand technical guide for the sample application and the logic implemented in DecisionRules. March 20, 2023 KATA SOFTWARE AND DECISION RULES ANNOUNCE STRATEGIC PARTNERSHIP We're thrilled to announce our new partnership with KataSoftware, a major player in the financial software market in Latin America. February 6, 2023 KATA SOFTWARE Y DECISION RULES ANUNCIAN UNA ASOCIACIÓN ESTRATÉGICA Estamos encantados de anunciar nuestra nueva asociación con Kata Software, un actor importante en el mercado de software financiero en América Latina. February 6, 2023 DECISIONRULES ARE NOW AVAILABLE IN MICROSOFT AZURE MARKETPLACE Microsoft Azure customers worldwide now gain access to DecisionRules to take advantage of the scalability, reliability, and agility of Azure to drive application development and shape business strategies. January 25, 2023 TRAVEL INSURANCE SAMPLE APPLICATION EXPLAINED We have recently introduced our first sample application which is a simple travel insurance calculator. Today we shall look at how it works in detail. December 21, 2022 SOLVING RUBIK’S CUBE IN DECISIONRULES DecisionRules is a versatile business tool capable of dealing with complex tasks. To illustrate this, we are presenting a DecisionRules Rubik's cube solver! December 5, 2022 DECISIONRULES IN ACTION Eager to see some real-life application of DecisionRules? You finally can! We are introducing DecisionRules Sample Applications. November 24, 2022 INTRODUCING AUDIT LOGS FROM THE RULE SOLVER Solving rules is one thing. But imagine that you could access the history of the rule solver and monitor its activity with BI tools. Well, as of now, you can. October 8, 2022 ADVANCED ARRAY FUNCTIONS DecisionRules is constantly improving its collection of advanced functions which can be used for custom computation within decision tables and decision trees. In this article, we shall look at a specific and very useful type of functions treating arrays. August 31, 2022 WHAT BUSINESS RULE SHOULD I USE: DECISION TABLES Our customers often ask us which decision rule type to use. Clearly, the right choice is important and can save you a headache. August 10, 2022 DECISION TREES, THE GAME CHANGING WAY OF RULE DEFINITION Decision Tree is the fourth way of rule definition within DecisionRules, which takes the game to a new different level. June 13, 2022 DECISIONRULES SUPPORTS ARM64 IN ON-PREMISE INSTALLATIONS If you run your own infrastructure in a private cloud with one of the larger operators such as AWS or Azure, you may have noticed some time ago came support for ARM64 processors. June 8, 2022 EMBEDDED RULES Decision Tables and Scripting Rules are strong tools for decision making, but they can be even stronger when working together. January 17, 2022 GLOBAL LOAD BALANCER DecisionRules is well accessible and stable thanks to the so-called Global Load Balancer. In this article, you can find out a little more about how it works. January 6, 2022 MANAGE YOUR TEAM WITH ADVANCED PERMISSIONS DecisionRules are designed for teamwork. You can easily share rules with your colleagues, manage roles, assign permissions and make changes. December 2, 2021 sales@decisionrules.ioService Desk PortalPartner ProgramTerms and ConditionsPrivacy PolicyCompany DecisionRules.io FeaturesFAQIntegrationsCloud PricingOn-PremiseOn-Premise PricingBlog DecisionRules App Log inSign upGo to Dashboard Documentation How to StartDecision TablesDecision TreesRule FlowsSpacesRule Solver APIManagement API US Office DecisionRules Services US LLC 800 N King Street, Suite 304 #1106 Wilmington, DE 19801 Delaware EU Office DecisionRules Services s.r.o. Ječná 545/19 120 00 Prague 2 Czech Republic IN: 19338805 TIN: CZ19338805 EU Office DecisionRules Services s.r.o. Ječná 545/19 120 00 Prague 2 Czech Republic IN: 19338805 TIN: CZ19338805 © 2023 DecisionRules Close Cookie Popup Cookie Settings By clicking Accept All, you agree to storing of cookies on your device to analyze site usage and assist in our marketing efforts. More info Accept All Settings Made by Flinch 77 Close Cookie Preference Manager Cookie Settings By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our marketing efforts. More info Strictly Necessary (Always Active) Cookies required to enable basic website functionality. Marketing Cookies used to deliver advertising that is more relevant to you and your interests. Personalization Cookies allowing the website to remember choices you make (such as your user name, language, or the region you are in). Analytics Cookies helping understand how this website performs, how visitors interact with the site, and whether there may be technical issues. Accept All Cookies Save Settings Made by Flinch 77 Oops! Something went wrong while submitting the form.