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What is Sapiens Decision?

Sapiens Decision for Consumer & Commercial Banking, formerly recognized as Sapiens DECISION, is dedicated to reducing the costs linked to organizational change. This innovative solution enables banks to quickly adapt their operations in response to the demands of digital transformation, shifting regulations, evolving customer expectations, and increased competition through a model-driven development (MDD) framework. By implementing the MDD approach, Sapiens Decision equips business professionals to define business logic with simple, intuitive models that are easily comprehensible. Prior to the deployment of any logic, organizations can assess it to ensure that it aligns with their requirements. Once the code is automatically generated in languages such as Java, it can be effortlessly integrated into live production environments. Moreover, the business domain of the bank significantly influences the design, execution, analysis, testing, and optimization of decision-making processes with Sapiens Decision. This efficient method dramatically shortens the implementation timeframe from what typically takes months or years down to mere days or weeks, guaranteeing that business logic is uniformly applied across all enterprise applications and enhancing overall operational effectiveness. Additionally, this flexibility supports continuous enhancements, making it simpler for banks to maintain a competitive edge in a rapidly changing market landscape. As a result, Sapiens Decision not only streamlines processes but also fosters innovation and responsiveness in banking operations.

What is Allovance?

Allovance is built on the belief that there is a superior approach to decision-making. Our organization is grounded in in-depth research across various disciplines, including decision sciences, psychology, business, change management, and learning behaviors. This research has led to the development of two innovative products. The Allovance Software is crafted to facilitate and guide stakeholders through a detailed five-step decision-making framework, which includes Strategize, Compare, Quantify, Score, and Select. By subscribing to our software, users will receive implementation training that enables them to master the software at their preferred pace alongside their team members. Furthermore, Allovance Certified Decision Coaches are available, bringing extensive expertise in business strategy, facilitation, and decision-making, committed to aiding organizations in achieving their strategic goals. These coaches are not only readily accessible but also fully equipped to effectively apply Allovance's methodologies, ensuring your organization can excel in its decision-making processes. Ultimately, our mission is to empower you and your team to make well-informed decisions that foster success, creating a positive feedback loop for continual improvement in your decision-making practices. By leveraging our tools and support, you can unlock new levels of strategic clarity and execution.

Media

Media

Integrations Supported

Sapiens Insurance Platform

Integrations Supported

Sapiens Insurance Platform

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Sapiens International

Date Founded

1982

Company Location

Israel

Company Website

www.sapiensdecision.com

Company Facts

Organization Name

Allovance

Date Founded

2017

Company Location

United States

Company Website

allovancemethod.com

Categories and Features

Business Rules Management Systems (BRMS)

Access Control / Permissions
Code Development Environment
Deploy Across Platforms
Flexible Hosting Options
Lifecycle Management
No Code Development
Simulation
Validation Tools

Decision Support

Application Development
Budgeting & Forecasting
Data Analysis
Decision Tree Analysis
Monte Carlo Simulation
Performance Metrics
Rules-Based Workflow
Sensitivity Analysis
Thematic Mapping
Version Control

Categories and Features

Business Performance Management

Ad Hoc Reports
Ad hoc Analysis
Budgeting & Forecasting
Consolidation / Roll-Up
Dashboard
Key Performance Indicators
Predictive Analytics
Qualitative Analysis
Quantitative Analysis
Scorecarding
Strategic Planning

Decision Support

Application Development
Budgeting & Forecasting
Data Analysis
Decision Tree Analysis
Monte Carlo Simulation
Performance Metrics
Rules-Based Workflow
Sensitivity Analysis
Thematic Mapping
Version Control

Risk Management

Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment

Strategic Planning

Budgeting & Forecasting
Dashboard
Goal Setting / Tracking
Idea Management
KPIs
Modeling & Simulation
Roadmapping
Scenario Planning
Scorecards

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