InRule product overview
InRule is a decision platform that enables organizations to automate and change decisions and business rules in applications without the programming effort. It empowers technical and business users to integrate predictive logic with automated decisions. InRule makes enterprise decisions more transparent by isolating business logic and predictive outcomes from application code.
The platform helps businesses deliver personalized, highly complex, and contextually rich experiences, whether making benefit eligibility determinations, originating loans, managing clinical trials, or detecting fraud.
InRule creates a single source of truth that allows enterprises to quickly adapt to competitive threats, changing regulations, or shifting market conditions. It enables organizations to improve operational efficiency and execute billions of mission-critical decisions anywhere for flexibility and scalability — on-premises, in the cloud, or on the edge.
With its ‘author first’ approach, InRule helps both technical and business authors write and manage decision logic, improving accuracy and consistency of determinations and ensuring regulation complexity is consistently actionable, agile, and auditable.
Pros of InRule
- InRule enables enterprise-scale decisions across multiple business domains, all without requiring intervention from developer resources.
- It enables multiple authors to collaborate and safely edit and merge changes with ease and transparency.
Cons of InRule
- Some users reported that the system runs slow at times.
Breakdown of core features
InRule provides features to empower both technical and non-technical users to write, test, and change decision logic.
InRule’s vocabulary feature allows users to create business-specific and plain language phrases to represent expressions, custom functions, complex mathematical equations, or even machine learning models. All of these can then be used in any of the ways rules can be authored in the platform. Users can also check decision logic, create and save data for reusable test scenarios, and get explainable results without the need to maintain a separate test environment.
Organizations can set up roles and permissions and version rule applications with the irCatalog feature and enable multiple authors to safely edit and merge changes with ease and transparency. Administrators can allow rule authors to create or edit rules in a development environment while setting up approvers to promote rules to production after review.
With InRule Metrics, users have insight into the conditions under which rules are executed, as well as transparency around which rules run during production. Regardless of where the data comes from for making a decision, InRule Metrics captures the relevant information all in one place.
Whether executing ten or ten million automated decisions, users can track vital KPIs or design rule applications to act in real time when certain thresholds are reached. By providing analytics for actionable intelligence and continuous improvement of automated decisions, InRule Metrics helps ensure organizations remain compliant and don’t introduce new, unintended consequences.
(Last updated on 02/02/2022 by Liz Laurente-Ticong)