Policy, Business Rules & Alerts

Every business is different. It is essential that a BCM solution is able to map appropriate business rules over the data to enable accurate and meaningful outcomes.

Factonomy BCM implements an extremely powerful hierarchical mechanisms to allow business rules to be defined against any point in a number of different hierarchies.  Whilst Factonomy can provide many default rules that an organization may find valuable, none of these need be retained and there is no limit on the number of rules that can be added.

It is possible to apply variation in a rule by region if desired or attach a rule to any given level in an organizational hierarchy, to one or more legal entities, to a particular location or to any other defined hierarchy across the system.

Once rules are active the system will seek out violations of the rule and record these through an alerting system.  Once raised, alerts can be viewed in dashboards, on relevant data entry screens or collected in digest form and emailed to relevant parties either for initial attention or as a form of escalation.

Because alerts can be measured at any point in a hierarchy, it is possible to limit sign-off events where serious breaches of rules remain unresolved or to view violations at a more senior levels across the organizational structures and either accept the level of risk or push back down the business to achieve the required levels of conformance.

Types of Rules

• Requirement that certain items of data are completed before a sign-off event can take place.
• Complex data patterns that must be adhered to
• Time based rules such as ensuring the last test date for a scenario is no less than twelve months in the past.

Business rules also eliminate most of the need that requires certain fields be completed on individual forms.  This enables users to create draft versions of data that requires attention before all the rules are satisfied but does not prevent them saving information that doesn’t.  This approach leads to a reduction in user fatigue and help desk support activities.

Benefits Include

• Enhanced data quality.
• Reduces user fatigue and better engagement with the BCM process.
• Flexibility across different parts of organization hierarchies.
• Configuration at both Group and Business Unit levels satisfied diverse business requirements.