Oracle Policy Automation is designed as a specialized decision-making platform. While it provides the benefits of a traditional technical rules platform, it is optimized to implement complex policy logic that drives decision making and calculations.
We have implemented OPA for various processes for insurance industry.
The list includes, but not limited to:
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:
We have implemented OPA to create a platform for automating end to end process of Schemes and Incentive compensation management system. With this implementation the business could accomplish multiple benefits, mainly:
The Dealership network performance Management System analyses dealers revenue data and the expense data, and organise into a global level standard chart of account heads with the help of the rules and computation formulae written in OPA. Different KPIs are measured and controlled based on this global COA. The system provides dealer wise PnL to analyse overall performance dealer wise and country wise. Major achievements of implementing this system are:
This system sits on top of ERP, Integrating with the requisite master data like, price master, part master, etc. Aftersales warranty claims on the products and parts are analysed and qualified by the rule engine. The salient features of this system are:
OPA can be implemented across the business processes in various business domains. Below is the list of domains a few to name: