Decisions Blog

What You Need to Know About Integrating with LOS and LMS Software

by Gordon Jones, on March 23, 2020
Banks and lending institutions are expanding their financial products to include lending solutions and terms that can be customized to the individual borrower. This is a response to the ever-expanding ways consumers and businesses are …

Top Tips for Using a Business Rules Management System for Loan Origination

by Gordon Jones, on March 18, 2020
In finance and lending, policies and regulations inevitably govern how processes work. An effective rules management system can help these processes flow more smoothly, particularly with loan origination. Automated rules deliver a range of benefits for …

Understanding the Basics of a Business Rules Engine

by Gordon Jones, on March 10, 2020
Whether you’re aware of it or not, rules provide necessary logic and structure to any business. These rules define the job responsibilities for each of your workers, establish expectations for workplace behavior, and offer guidance …

6 Examples of Comprehensive Workflows Suited for Case Management Solutions

by Gordon Jones, on March 9, 2020
Whenever you’re trying to automate internal processes that operate on a case-by-case basis, you have a potential use case for a case management solution. Regardless of industry, almost any business leader can identify multiple internal …

What to Consider When Implementing Your New Document Workflow Software

by Gordon Jones, on February 28, 2020
If you have made the decision to implement a document workflow software solution in your business, then you have already taken the first step. However, most people know that when it comes to implementing a …

Automate and Track Your Approval Process with Decisions Workflow

by Gordon Jones, on February 25, 2020
Without the right approvals, business processes can come to a grinding halt. When things are held up because something requiring approval is sitting in a queue, people want to know where the bottleneck is. In theory, …

How to Improve Data Entry Productivity with Workflow Software

by Gordon Jones, on February 19, 2020
When you think of workflow software, it is easy to think of the movement of process automation. After all, flow implies constant motion, and you use the software to move through the steps of a …

3 Tricks for Building Truth Tables

by Gordon Jones, on February 17, 2020
Truth tables date back as far as 1902 to logician Charles Sanders Peirce, who used them as a method to display algebraic logic. Truth tables have evolved over the years. As more people rely on …

Space Rockets & Software Bugs

by Gordon Jones, on February 13, 2020
You may not have caught this story, but last week Boeing launched the new Starliner spacecraft, which is designed to be the next generation launch vehicle. The Starliner capsule did not make it to the …

AI Decision Transparency

by Gordon Jones, on February 6, 2020
There was an interesting article in New Scientist last month that highlights new regulations in the UK related to AI/Machine Learning decision transparency. Organizations there could face multi-million pound fines if they cannot adequately explain …

The Key Differences Between LOS and BPM Software

by Gordon Jones, on January 27, 2020
Lenders are well-acquainted with loan origination systems, for better or for worse. This fintech solution is widely used to support traditional loan origination processes, providing a reliable structure for managing workflows and data, and enforcing …

What Does No-Code Software Really Mean for End Users?

by Gordon Jones, on January 23, 2020
You’ve heard about no-code software for various business solutions, but do you understand how this software works and how it can improve your daily business operations? Business professionals rely on a number of software solutions to …

Is Your Company’s Workflow Software Not Cutting It? Here’s What You Need to Know

by Gordon Jones, on January 20, 2020
Businesses turn to workflow software solutions in order to remove manual tasks from their processes. As with any software, not all company workflow solutions live up to users’ expectations. Unfortunately, not everyone is able to …

The Advantages of Using a Rules Engine for Managing Insurance Forms, Rate and Commission Calculations

by Gordon Jones, on January 13, 2020
Life in the insurance industry is full of decisions based on rules. Does a potential customer meet the basic qualifications? How does a rate change based on the answers provided on a form? What is …

6 Tips for Mastering Data Management

by Gordon Jones, on January 6, 2020
Across all of the different technologies used to run your business, there’s a lot of data to organize and manage. Master data management is a method for not only organizing and storing data but also …

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