D.I.S-COVER - Data Information Synergy is the logic engine underlying all our tools of the EIS class. It is a solution belonging to the corporate business data model. Contrary to the dictionary-based understanding of MDM (master data model/master data management), the logic engine is not implemented directly in the data warehouse, and our goal is not to maintain the physical central repository of data definitions used by IT systems.
Basically, D.I.S-COVER means know-how in action. Thanks to it, using advanced statistical and mathematical algorithms, we convert mute data into useful business knowledge. Our long-year experience in the financial and insurance industry enabled us to gather the knowledge that allows for the preparation of the generic business model. Due to the application of D.I.S-COVER, the business data acquires the same meaning and interpretation throughout the organisation.
The model of the D.I.S-COVER logic engine consists of defined entities, relationships between them, their measures and dimensions. The model includes data from various sources: from raw data, through aggregates, to the input from warehouse and BI solutions. As it is internally consistent, the D.I.S-COVER logic engine is resistant to the change in data sources, business development or the change in reporting and analytical requirements.
The mere process of the implementation of D.I.S-COVER introduces a discrete change in the organisational culture. Frequently analysts/data scientists from various areas/silos for the first time gather and discuss their experience, needs, and sometimes different definitions of the same business terms.
The work on D.I.S-COVER power supplies is also a kind of checklist for the maturity of the reporting culture in a given corporation. It may turn out that part of data is not collected or it is collected in a suboptimal manner.
After the implementation, due to D.I.S-COVER's holistic approach to all aspects of business operations throughout the corporation, you can gradually order (phase out) reporting activities that double with D.I.S-COVER. Therefore, you can say that the implementation of D.I.S-COVER also supports the cost optimisation of the management process.
Last but not least, once implemented (for the purposes of one of our tools), D.I.S-COVER can be extended by additional complementary tools in a really fast and flexible manner. Similarly, the taking up of new branches, sales channels or product lines is very effective.
First and foremost, D.I.S-COVER is a business data model. Therefore, the implementation process is independent from the providers of database, warehousing or BI solutions. D.I.S-COVER connects you with all popular IT solutions and obtains data from them.
We also comply with all requirements of the corporate IT architecture: D.I.S-COVER may be implemented in the environment selected by the IT.
Thus, the form of providing the service can be adjusted to the current IT needs: it can be implemented in situ as part of the client's system, or you can opt for the solution involving a private cloud (implementation on your equipment stored in the client's server room).
services for all industries
Portfolio management
• Conducting ex-post analysis and locating portfolio problems - agent/employee, channel, product
Ex-post analysis - conducting analysis after the problem has occurred, which consists of identifying the original (factual) causes of the problem within various dimensions (agent/employee, sales channel, product/product line) and the relationship between the problem and other products in the portfolio;
The analysis is provided with recommendations on process optimisation as regards process flow, employee competences, process measurement and the way of defining process objectives.
• Identifying, analysing and weighing risks, defining the methods of elimination ex-ante;
Ex-ante analysis - conducting analysis before the potential problem occurs by means of identifying weak points, a stress test, a review of "what if" scenarios and the recommendations of preventive measures along with the assessment of the acceptable level of risk (and risk costs) for potential problems.
• Conducting the analysis of expenditure/profitability, ROI;
Assessing the portfolio profitability is like achieving the black belt in management: it takes many years of training and improvement before you understand all the discrete relations governing the complicated system of the portfolio. A mere total of the measurement of the profitability of respective products or product lines will not give you the true answer because it will not take into consideration a range of context-related phenomena, such as sharing sales resources, new business resources or research and development (R&D). We have over twenty years of experience in the insurance and finance industry, which helped us prepare a very broad analytical model for the whole portfolio. We always adjust it to the specific conditions of a given client. Within this model, it is possible to analyse the attribution of costs per channel or product, as well as the price sensitivity within various dimensions.
• "EWS - early warning system" – creating, maintaining and updating solutions for the early intervention in the case of risks pertaining to the achievement of the goal;
The early warning system is a concept (like numerous other concepts used in modern management) borrowed from the proven military solutions. Thanks to this approach, we provide the automated monitoring of business processes, so that the adverse changes in trends are detected before they reach the unfavourable level. Having the pre-defined response scenarios, the person responsible for the process and its results has the time and tools to mitigate risks and reverse the adverse trend.
• "Decision support - DS" - support and consultations regarding the current decision-making process on the basis of the pre-agreed definitions and objectives "Just in time" - support and consultations for the management regarding the everyday needs as part of the managed areas; The ongoing supervision of the achievement of goals/plans;
The support of management decisions is based on the detailed analysis of the significance of Key Performance Indicators and the frequency of their reporting. In accordance with the individually defined set of hierarchical KPIs, we model the dashboard, the frequency of its refreshing and the access channels (from web browsers to tablets and push communication (notifications or text messages) for the most important measures). The defined assessment and reporting process and a range of response scenarios significantly reduce the level of stress and increase the management's personal comfort by means of delegating the process control on long "motorway" sections to the (semi-)automatic pilot connected with GPS navigation.
• "Centre of Competence" - creating, maintaining and updating economic Key Performance Indicators - determining unambiguous definitions;
Creating the Centre of Competence/Centre of Excellence, which, in the context of management, means a specialised business unit that gathers knowledge and sets out standards for the remaining units and employees operating within a given business area. Our proposal includes both the concept of the business unit (number of permanent posts, budget, description of positions, positioning within the organisation, the scope of competences and responsibilities), as well as the basic toolbox for such a unit responsible for the analytical support for the business area (setting out trends and measures, measurement, course analysis, risk detection, problem identification and optimisation recommendations)
• "PLAN" - support/cooperation on defining long-term and short-term objectives and plans;
According to an old saying, if you do not assess the process, it means you do not manage it. The key to the success of a mature manager is the ability to transpose the objectives, measures and measure values of the whole organisation (i.e. the strategy for a given period) on the objectives, measures and measure values of one's own business unit and/or business process. Simple cascading (or copy/paste) is the best way to fail. Our offer includes a double-purpose workshop (learning by doing), during which not only do we define objectives and goals based on the organisation's strategy (and tell you what to do if there is no such strategy), but we also teach you how to face this challenge on your own. Moreover, we will show you how to conduct studies, which measures are available as part of the current IT architecture, as well as how to build and manage the reporting process, including the sensitive meeting point of business and IT.
• Supporting the division of direct costs by means of the ABC model;
Each CFO’s Holy Grail is the answer to the question: "and how much is it?". The ABC (activity-based costing) method of cost attribution requires unique discipline while creating the model (it may be virtually impossible without assuming the process-based approach) and maintaining it (carefulness in introducing business changes). However, even the most accurate ABC model will be difficult to maintain by all employees with the use of Excel files if it is not supported by proper reporting and analysis. Our offer includes the development of the ABC model and its implementation within the existing IT architecture; the implementation of IT on the basis of the already developed ABC model; or the audit of the implemented ABC model in order to verify its correctness and coherence as well as reporting effectiveness.
• Preparing input data for analytical purposes
It is surprising how much data is gathered by enterprises and how little of it is actually used. Works in English contain even a term ROM (return on bits) similar to ROI, which indicates how the costs of collecting, storing, processing, reporting and consuming reports influence the increase of the business value or simply its more efficient operation. One of the problems that is most frequently encountered in organisations, which even appreciate and try to use management information, is the lack of a uniform, coherent and centrally managed process of defining the formats and definitions of the gathered data. As a result, X may mean something completely different in department A and B. Our services, which support ordering the Corporate Data Model, include the audit of transaction systems (what kind of data is entered, how it is defined, whether it is validated), the audit of database solutions (whether they are consistent/compatible, overdimensioned) and the audit of analytical and reporting processes (the effectiveness of data processing, the extent of the use of resources, the extent of the use of reports). Only the review of all these levels makes it possible to answer the fundamental questions: whether we collect the relevant data in proper formats.
• Supporting the creation of analytical models dedicated to specific issues
We also provide support in the form of smaller, singular projects related to the respective issues; however, such an analysis is always conducted within a specified context which we need to know. On the other hand, even if we perform a short-term work on one issue, we share our methods, optimism and eagerness, thus leaving a permanent positive mark in the organisation.
Crisis situations may occur even in the best-managed organisation. In such an event you should simply call us. We provide emergency services; our team for special tasks, consisting of the best employees, is available maximally several days after the problem has been reported, and it works continuously until it analyses the problem and suggests possible solutions.
• Supporting the development of economic systems/projects leading to a stable, durable and profitable portfolio and consulting on the development of the portfolio development and expansion strategy;
We also provide comprehensive consulting services; drawing on our profound expertise, we help to analyse the existing situation, trends and operating climate, as well as to prepare and model development scenarios. Then, we study how the entire portfolio will react after the addition of new products/new business lines, and - upon establishing the assessment criteria - we recommend the modification of the portfolio by adding new high-potential products and removing the products with a low margin, low growth potential, or simply outdated ones.
• Ongoing consultations related to the implementation of the strategy accepted by the Company
Most organisations create a new strategy every few years. The reasons for that vary but the most frequent one is the change in technology or the replacement of the Management Board Members. Such a change poses a great challenge to both senior and middle managers, who have to answer a set of questions related to what this change means for them and their people. What will change, and what will remain the same? Will the list of priorities change? Will the assessment criteria change? Will the internal and external cooperation methods change? Are there any new requirements related to the measurement and reporting? How to implement the new objectives in the existing processes? Or is it necessary to reorganise the processes, and thus also the organisational structure? Will there be a need to employ new IT solutions supporting the new objectives? These and hundreds of other questions are a nightmare in the situation of transition and uncertainty. We have been in such a situation more than once and we can distance ourselves as well as separate hot topics from the issues that will be significant in half a year and in two years. We know how to go through the change. We share this knowledge with others.
• Business coaching - employee training in the field of analysis
A business activity has become a matter of using the already gathered data and deriving knowledge that is useful for making right decisions. At present, when the Big Data revolution became the business reality rather than merely another popular term, the competences in business intelligence are necessary at all organisation levels: from line managers, through product and product line managers, to the members of the Management Board. Without these competences, the organisation loses the contact with the competition which has already mastered such skills. We organise training sessions targeted at the respective positions in the organisation in various modes: from 2- or 3-day classroom trainings (lectures and practical classes), through workshops focused on specific real problems (hands on job) to coaching sessions for top management focused on designing and managing the knowledge-based organisation.
• Detecting frauds within the portfolio
A special service that involves auditing the flow of management information for a given product, business line or the entire portfolio. In practice, it means a twofold action: on the one hand, we look for statistical anomalies and their sources with the use of advanced statistical methods; on the other hand, we try to "hack" the whole management system (from product mechanics with regulatory provisions, through the incentive/commission scheme, the methods of supplying product/services, to the methods of measurement and reporting) in order to find their weak points.
The service may be performed after the introduction on the market or as part of the "dry-run tests" before the commercial première of the product/service.
We specialise in Data Science, which cannot be implemented successfully without a properly designed, maintained and developed Corporate Data Model. The services we provide include the total subcontracting (outsorcing) the Corporate Data Model (turn-key) within the Design-Build-Operate Model (logical CDM and its implementation in the client's IT environment), as well as auditing, consulting, designing, creating and maintaining the respective elements of the logical and physical CDM.
CDMs are similar to business processes: they always exist and each organisation has them but if it is not aware of this fact, CDMs are managed in a chaotic manner. Therefore, it is better to manage the CDM consciously.
• Data Science strategy and architecture
The construction of the organisation managed on the basis of knowledge is a revolution that must be conducted in a planned evolutionary manner (and it is the only possible way). The change must be initiated by a Management Board Member; however, the company often lacks qualified employees (due to the fact that is is a new competence) who will turn such a vision into a strategy and a specific implementation score embracing several years. We cooperate with top executives in order to operationalise the vision: we provide the Corporate Data Model, the target IT architecture with solution recommendations, the descriptions of business units, positions and competences, and we support the preparation of the business case.
• Body leasing
According to the HR specialist from the Silicon Valley, Data Scientist professionals are the most desired employees in the United States. The situation in Poland is not different. We have heard about various situations where the attempts to raise the company's own hyper-analyst, after numerous costly trainings, led to the takeover of such an employee by more powerful players, not necessarily from the same industry. It is one of the numerous reasons why, in some cases, it is worth utilising the services of a highly-specialised external worker instead of making the attempts to raise and loyalise the organisation's own employees.
We provide services related to the valuation of provisions for the following employee benefits:
Moreover, at the client's request, we conduct the valuation of liabilities arising out of the unused employee leaves, as well as other calculations.
products and solutions dedicated to the insurance industry
fastDISCOVER is a tool package of EIS class designed for the finance and insurance industry that addresses the whole spectrum of analytical needs supporting the process of making business decisions in a given corporation.
All components of the fastDISCOVER package are based on the same logic engine - D.I.S-COVER, which results in the complete coherence and transparency among them. Therefore, it is possible to apply the modular approach consisting in the gradual implementation of all components, or the selective choice of the tools if the analytical needs are not supported to a sufficient extent.
The package includes the tools that support management processes in the whole insurance company:
What is important is that fastDISCOVER does not compete with any of the BI or DWH solutions available on the market. The power and elegance of our solution does not result from the mere application of advanced statistical techniques (which of course we use), but rather from the value added by the logic engine - D.I.S-COVER. Due to this approach to information architecture in the company, you will be able to make better use of the already implemented solutions, regardless of the fact who provides them - SAS, SAP, Oracle, IBM or Microsoft.
D.I.S-COVER enables the integration of data having a different level of granularity, aggregation or processing. The input material may be both raw data from operating systems and highly-processed artefacts from the leading BI systems.
The data processed by the tools from the fastDISCOVER package is provided by the D.I.S-COVER logic engine; therefore, the reports are the most reliable source of management information available in the insurance company.
Thanks to the holistic approach to the insurance company activity, the generic model of the D.I.S-COVER logic engine guarantees the full coherence of data from different sources. As a result, the conflicts arising out of the existence of two reports on the same issue, but drafted in different departments, will become history.
The D.I.S-COVER logic engine is based on our long-year experience and the best global practices of the leaders in the insurance industry. As a result, it covers the whole spectrum of the activity of a typical insurance company; therefore, it can also work as a checklist verifying whether the previous reports covered all significant issues.
One of the crucial features of EIS is that it renders complicated information in an accessible, easily-comprehensible manner, i.e. with the use of graphics. fastDISCOVER uses the typical solutions of the advanced data visualisation platforms (Tableau and MS PowerView), allowing for data manipulation and a real-time graphic presentation.
The business administrator has much freedom while preparing new report templates from the pre-defined D.I.S-COVER entities (like from building blocks), so that is it possible to react to the needs of the management on the current basis.
fastDISCOVER is fully scalable, both when it comes to business (adding new licences, new branches or even countries) and technology (increasing performance, expanding the logic engine D.I.S-COVER, adding new data sources).
The changes in reporting needs resulting from the evolution of the market or the extension of D.I.S-COVER by new business areas do not lead to alternations in the stem of the logic engine; therefore, it is possible to compare reports from different periods.
The implementation process of the D.I.S-COVER logic engine is an intellectual task which needs the involvement of the leading analysts (data scientists) of the company rather than an IT project (read more here: http://en.wikipedia.org/wiki/Data_science, http://www-01.ibm.com/software/data/infosphere/data-scientist/). Once implemented, D.I.S-COVER allows for the implementation of the respective fastDISCOVER tools within days, if not hours.
Due to our knowledge of the insurance industry and the typical operating systems supporting the respective business processes, we fully support all integration projects which involve connecting to the already existing IT solutions. Therefore, as an IT partner, we significantly accelerate the implementation process.
Thanks to our long-year experience in business and IT projects, we understand very well how important it is to constantly "tune" IT tools in order to ensure that they keep up with the changing business reality. In the case of the fastDISCOVER package, we discuss with the client which changes, at what time and in which way can be made by the user, the business administrator, and by us.
You can tell a manager is mature if they do not perceive the implementation of the solution that supports business process only in terms of buying a licence or incurring the costs of employing the integrator. In fact, what is important is the total cost of the implementation, maintenance and development of the system. In this respect, fastDISCOVER is unbeatable.
fastDISCOVER is available in the enterprise model. fastDISCOVER requires the implementation of the logic engine D.I.S-COVER.
Dry financial data is rarely the basis for making right business and management decisions. It is necessary to understand the relationships between the respective dimensions - and this cannot be achieved on the basis of a consolidated report covering the entire insurance company. Which client is profitable? Which product is profitable? Which indicators should be followed more carefully? Why a given distribution channel is more expensive for a given product than other channels?
fastPROFIT, on the basis of the source data, makes it possible to analyse and visualise product profitability, whole product lines, distribution channels, or client profiles according to the available sociodemographic variables. Reports are not generated directly by the organisational units responsible for the preparation, promotion and sales of products, so you avoid the risk of massing data. Moreover, fastPROFIT allows for the factor analysis indicating the impact of the respective components – such as the loss ratio, costs or commissions – on the final profitability.
A member of the Management Board responsible for sales was obliged to present the plan for increasing sales effectiveness in the next financial year. The President gave her only a month. Thanks to fasPROFIT, the sales manager could review the profitability of products within numerous dimensions that were of interest to her, including the regional dimension and the respective distribution channels. She arrived at the following conclusions:
the North-West region did much better that the other regions. She had already heard about the charismatic leader of this region. She decided to get to know his motivation methods and she asked him to conduct coaching sessions for the managers of the other regions;
product A was significantly less profitable than other products; a further analysis showed that the product required much more time from the agents, but it had a fixed position in their sales plans. It was the basis for reviewing the rules of creating sales plans.
product B was very profitable but the sales results were very low. The sales manager ordered the modelling showing how the profitability and sales result will change depending on the level of the support given to the product within the bonus system.
fastPROFIT is a basic EIS tool allowing for the fast and reliable answer to the key questions: where are we? how are we doing? what is working and what is not? These questions, differing only as to the level of detail, are asked at all levels of the organisation, from the Management board, through UW and Controlling, to Sales.
fastPROFIT is available in the licensing model per workstation.
fastPROFIT requires the implementation of the D.I.S-COVER logic engine.
The reporting culture is always of organic and incremental character: each business area creates its own local reporting formats for years, and each change of the Management Board Member responsible for a given business area results in the "revolution in reporting". As a result, organisations often lack the common "reporting currency" that would make it possible to compare apples to apples. Even if cross-cutting reports are created - which requires a great effort - the interpretation of such reports often proves problematic, as it is free and variable.
The preparation of ad hoc reports (e.g. in crisis situations) often requires much effort; unfortunately, such reports, despite their name, often come too late to support the management in a difficult situation.
On the basis of the best practices and our team's long-year experience in the insurance industry, we prepared a comprehensive set of the most commonly used reports (both static and dynamic ones). Pre-defined reports are ready for use, so the situation in the insurance company can be monitored on a current basis.
Additionally, fastVIEW enables the organisation to benefit from the creation of a common corporate reporting culture. One coherent source of reports and unambiguous interpretation help to avoid the discussions related to the accuracy and meaning of reports drafted by the respective departments.
The use of fastVIEW is exceptionally easy and intuitive; therefore, it can be an everyday working tool for the personal assistants of middle and top management.
As the bonuses for sales networks are mostly calculated on the basis of the financial results provided by financial controlling, the member of the Management Board responsible for marketing and sales prepares their own breakdown. For this reason, each quarter the Management Board Members are witnesses to an argument between the CFO and COO who defend the correctness of reports prepared on the basis of the data from the financial and operating system respectively.
The President asks the representative of quality management to resolve the conflict. After fifteen minutes, three standard fastVIEW reports make it possible to determine the basis for calculating bonuses.
fastVIEW is the most universal product in our offer and it can be applied in any area of the insurance company; however, it seems to be a must-have for the offices of the respective Management Board Members.
Applied universally throughout the company, it can help the organisation to achieve the high level of maturity by implementing the "common reporting currency" and unifying the reporting culture.
fastVIEW is a great light tool for persons responsible for the management information who work with our "three-pack" (fastPROFIT and fastSALES). fastVIEW is used for the everyday review of the current situation, and when any phenomenon seems intriguing or disturbing, the analyst may use the tools for exploring the issue.
fastVIEWis available in the licensing model per workstation.
fastVIEW requires the implementation of the D.I.S-COVER logic engine!
The most powerful yet underestimated resources of each insurance company include historical loss data, in particular the knowledge and conclusions that can be applied to the data from the current financial year.
Historical data is often overlooked for two reasons: its availability (if needed immediately, it is often available only in the form of aggregates/consolidated data) and the difficulty in drawing meaningful and statistically significant conclusions for the current market situation.
As a result, insurance companies lose a significant competence, and thus the opportunity to optimise the product portfolio. This, in turn, may lead to a maladjusted price policy (too low or too high premiums in comparison to the risk per dimension - product, region etc.).
The in-depth analysis of historical loss data in relation to the profitability of the product portfolio makes it possible to verify the provision policy and take corrective actions in the current year.
On the basis of Run Off analyses, it has been concluded that the risk coverage premium for product X has been insufficient for many years. As a result, the Combined Ratio has constantly been unsatisfactory, as it has been dominated by the underprovisioning from the previous years.
fastRUNOFFS is a highly specialised analytical tool designed especially for actuaries; however, it is also available for analysts from various areas, such as the Management Board's Office, UW or Controlling.
fastRUNOFFS can function as an independent specialised tool (for companies with a well-established reporting culture); therefore, the theses made on the basis of fastRUNOFFS can be easily and quickly verified and tested.
fastRUNOFFS is available in the licensing model per workstation.
fastRUNOFFS requires the implementation of the D.I.S-COVER logic engine!
One of the elements of operational perfection in the insurance industry is the constant process of portfolio optimisation. Unfortunately, without the support of an advanced analytical tool, your actions are limited to intervention when it is often too late and the proverbial milk is spilt. And what if you have a tool that tells you in advance not to renew the agreement with client A or to increase the rates in region B? What if you can regularly receive a set of recommendations which will make it possible to maintain the portfolio in a perfect condition, constantly cultivated like a 600-year-old English lawn?
fastCLEAR is an exemplary tool supporting the decision-making process. The recommendations based on defined parameters (e.g. profitability, loss ratio etc.) and dimensions (client, region, sales channel) make it possible to review the portfolio. The dynamic portfolio management, which consists of adjusting the price policy in a given region or terminating the cooperation with a given client, and which is conducted in the almost-real time, highly increases the effectiveness in relation to the traditional model based on quarterly, semi-annual or annual result reviews.
fastCLEAR constitutes a qualitative change in the approach to the portfolio management: from the reactive to the proactive approach, which anticipates unfavourable events or strengthens favourable trends. Moreover, fastCLEAR supports the significant portfolio management subprocess, that is LCM (lifecycle management).
The corporate client department has been creating the textbook relationship-based culture for a long time. The modern commission system has supported this trend for some time by offering comparable awards for finding new clients and maintaining the old ones. The contracts are extended for a two-year period. The contract with a client is going to be extended soon but the client demands a slight decrease of the rates. The new offer approved by UW and the positive review of the previous two-year period gave hope that the contract would be extended. However, fastCLEAR had been signalising for a year that this client shows a negative trend. Finally, after the detailed analysis of the client's loss ratio and the modelling of scenarios based on the current trend, it has been decided not to extend the contract.
fastCLEAR is a great tool for the persons that manage all the areas that take part in the portfolio management process: from UW, through product manager, product group manager and sales network management, to controlling, the Management Board and CRM.
fastCLEAR is available in the licensing model per workstation.
fastCLEAR requires the implementation of the D.I.S-COVER logic engine.
fastABC is a dedicated independent tool that supports the entirety of the cost aspects of the insurance company activity. It allows for a strict cost control within various significant dimensions, such as the product, region and distribution channel, as well as the deviation study (drill down and drill through).
As a result, fastABC not only allows for controlling work efficiency but also for a close monitoring of overheads which are not allocated directly to the business.
The knowledge acquired this way can be used not only to compare the effectiveness of the work performed by respective employees and organisational units, but also to compare the organisation with the competition (benchmarking).
Thanks to the long-year experience in the insurance industry, we have created a generic model (framework) of business processes of the insurance company. This model, combined with the detailed catalogue of roles and description of the work of employees in the insurance company, constitutes the basis on which we map the data from the D.I.S-COVER logic engine.
If you implement the timesheeting system, it is possible to evaluate and assign each nuclear working time unit of each employee to products and business processes, as well as to show the time not assigned to any of the business processes/products.
Based on the data from the accounting and financial system, we can assign the costs of the respective products, operation of business processes and general costs to employees and organisational units.
fastABC is the Holy Grail of financial controlling, but it will also be interesting to the Management Board office and HR department.
fastABC is available in the licensing model per workstation.
fastABC requires the implementation of the D.I.S-COVER logic engine!
Our solutions and services for Managers for their daily decisions
achieve the level of strategic management and find the lost benefits of private life
The Management Board consists of the most ambitious and the most hard-working ones, but such persons are also humans: they want to come home and play with their children or go the cinema with their partner. Unfortunately, a Management Board Member works 24/7 and they cannot find a balance between their work and private life. This is all because of the fact that day by day, the Management Board is flooded with low-level or tactic events to which it must react. Our fastDISCOVER package makes it possible to transfer the burden of the current manual management to the competent middle management supported by advanced mathematical and statistical algorithms. As a result, you can devote more time to the strategic approach and employee development. Finally, you have the feeling that you control the situation and you are prepared for changes. As a result, you can sleep well.
How do we do that? We guarantee the full visibility of the organisation by means of the proper application of management information. Our tools support:
Thanks to these tools, the employees cannot simply leave operational problems to be resolved by the Management Board, and if there is a need to introduce any corrections, the Management Board may expect ready-made scenarios and recommendations.
The management process becomes much more predictable and Jour Fixee becomes more of a social routine than the source of tensions and unpleasant surprises (for both parties).
In a nutshell, you have more time for strategic planning and more time for your private life and sleep.
Thanks to the implementation of our fastDISCOVER package, you can finally compare apples to apples, regardless of the data source. All terms and items have the same meaning, regardless of the fact whether the data is raw and comes from the operating system, whether it is an aggregate from data warehouse, or a report from the financial and accounting system.
The set of ready fastVIEW reports relieves the controlling department from a significant part of current activity, releasing the potential for performing less routine but more ambitious tasks, which are rather analytical than reporting in nature.
The full visibility of the three domains – finance products and sales – allows for the complete control of data and business processes in such a way as to fulfil the objectives.
fastABC, which is an independent product along with the fastDISCOVER tool package, makes it possible to control and direct the cost aspects of business.
In a nutshell, the complete visibility of business data and measures in the product, financial and sales domain (including CR), full automation of reporting tasks, trust and satisfaction of supervisors, including the Management Board Members.
let yourself and your army win the battle for sales targets and market shares; enjoy the respect of your people and the maximum bonus
Sales is a martial art: you have to fight for the client, the market share and the completion of the sales plan. The analytical tools from our fastDISCOVER package support the staff work at the tactical and strategic level.
With our help, you will be able to make realistic plans based on the historical data analysis, and then you will be able to monitor all deviations from the plans on a current basis, within the early warning system.
The flexibility of fastSYM will enable the optimal modelling of the bonus system in order to put the sales back on the right track if the trend starts to show an unfavourable deviation. Moreover, thanks to us you will notice the changes on the market sooner than your competitors. As a result, you will have time to reorganise the work and prepare a new offer.
In a nutshell, you determine and monitor the sales plan in as much detail as never before, you control the bonus system in a precise manner and you notice the changes on the market sooner than others.
for the first time feel the comfort of receiving the support for the loss process from the very beginning to the very end.
If you supervise a team of loss liquidators, who are your own employees or agency staff, you know how difficult it is to obtain all the data that will allow you to monitor the process for which you are responsible in the up-to-date and correct manner.
Now, with the fastDISCOVER tool package, you will be able to trace the everyday business in a fast and clear way. And if you need the analytical support in more advanced cases, the specialist tool fastVIEW will enable you to make the right business decision or drill through the alarming phenomenon with the use of the access to all essential pieces of data.
Thanks to fastVIEW, you will control all the risks typically associated with your responsibility area: a dishonest client or a fraud on the liquidators' part will be quickly detected and suggested as an anomaly in the process. This is possible thanks to the use of advanced statistical algorithms.
In a nutshell, you control the everyday business and you make serious decisions based on complete information; anomalies and frauds are detected earlier than with the use of traditional means; full use of historical data in order to plan the budget and team.
combine operational and financial data in multi-dimensional stimulations, and the profitability of your offers will exceed you expectations
Our solutions within the fastDISCOVER package lead to the qualitative change of the work performed by the underwriting department. Thanks to the availability of the input data (operational and financial) and the advanced modelling mode, the preparation of offers is as fast and simple as never before, and the preparation of price policy is really easy.
The multi-dimensional simulations of the prepared offer make it possible to see the potential impact of its variants on the most important financial indicators, such as the client's combined ratio or the offer's impact on the consolidated financial result of the insurance company.
Moreover, fastCLEAR makes it possible to monitor all deviations in profitability, effectiveness or loss ratio of products and offers in the portfolio on a current basis, providing the organisation with the feedback for the newly prepared offers.
Thanks to this approach, called learning organisation, the successive offer iterations are enriched by experience and feedback, they are markedly better and they add to the competitive advantage of the company.
In a nutshell, tools for creating exceptionally precise offers, support for the choice of the optimal variant of the offer, constant improvement of knowledge and skills.
One of our main strengths is our long-year interdisciplinary experience. Contrary to the persons that conquer the markets that are new to them, we operate within the area that we know very well, using our experience as well as numerous priceless contacts we have established thanks to operating on a given market. We are proud of the fact that we managed to combine two especially difficult fields of knowledge: management engineering and IT engineering.
Thanks to the successful integration of these two areas, we can offer the services within the integrated area of strategies, management, IT, BI, MIS and EIS.
EISACO Sp. z o.o.
Kwitnącego Sadu 8
02-202 Warszawa
NIP : 522-299-99-00
Regon : 146349086
