Business Rules Engine (BRE) - Revision history

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User: A business rule engine (BRE) is a component of software allowing non-programmers to change the business logic in a business process management (BPM) system. To carry out a business policy or procedure, a business rule or statement is required.

2018-12-12T01:55:34Z

A business rule engine (BRE) is a component of software allowing non-programmers to change the business logic in a business process management (BPM) system. To carry out a business policy or procedure, a business rule or statement is required.

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A business rule engine (BRE) is a component of software allowing non-programmers to change the business logic in a [[Business_Process_Management_(BPM)|business process management (BPM) system]]. To carry out a business policy or procedure, a business rule or statement is required. Business logic uses data in a database and a sequence of operations to carry out the business rule.<ref>What is Business Rules Engine? [https://www.techopedia.com/definition/25243/business-rule-engine-bre Techopedia]</ref>

'''Components of Business Rules Engine'''<ref>Components of Business Rules Engine [http://searchitchannel.techtarget.com/feature/Overview-of-Business-Rules-Engines Techtarget]</ref><br />
At a minimum, a full-function BRE will include the following components:
*Business Rule Repository A database that stores the business rules defined by the business users
*Business Rule Designer/Editor An intuitive, easy-to-use, front-end application and a user interface that allows users to define, design, document, and edit business rules
*A Query and Reporting Component Allows users and rules administrators to query and report existing rules
*Rules Engine Execution Core Actual code that enforces the rules

'''Examples of Business Rules'''<ref>Examples of Business Rules [https://www.progress.com/faqs/corticon-faqs/what-is-a-business-rules-engine progress]</ref><br />
Every day millions of decisions are being made. We don’t realize that many times rules govern what decision should be made when. Yet, each business system must apply the proper decision logic to each task in order to reach the desired outcome at the transaction level.
Some examples could include:
*Health insurance companies need to decide if a potential new customer meets eligibility requirements
*Financial institutions must verify that a loan meets all requirements and guidelines for insurance, paperwork and regulations to mitigate risk and maintain compliance with numerous and constantly changing state and federal regulations, corporate policies and customer expectations
*Retailers need to determine which customers get free shipping and if payments should be held

===References===
<references />

===Further Reading===
*A Realistic View of Business Rules Engines [http://www.brcommunity.com/b492.php BR Community]
*Analysis of the Specifics for a Business Rules Engine Based Projects [https://www.techwell.com/sites/default/files/articles/XUS8217604file1_0.doc Techwell]

@@ Line 1: / Line 1: @@
-A [[business]] rule engine (BRE) is a component of [[software]] allowing non-programmers to change the business logic in a [[Business_Process_Management_(BPM)|business process management (BPM) system]]. To carry out a business [[policy]] or procedure, a business rule or statement is required. Business logic uses [[data]] in a database and a sequence of operations to carry out the business rule.<ref>What is Business Rules Engine? [https://www.techopedia.com/definition/25243/business-rule-engine-bre Techopedia]</ref>
+A [[business]] rule engine (BRE) is a component of software allowing non-programmers to change the business logic in a business process management (BPM) system. To carry out a business policy or procedure, a business rule or statement is required. Business logic uses data in a database and a sequence of operations to carry out the business rule.<ref>What is Business Rules Engine? [https://www.techopedia.com/definition/25243/business-rule-engine-bre Techopedia]</ref>
-'''Components of Business Rules Engine'''<ref>Components of Business Rules Engine [http://searchitchannel.techtarget.com/feature/Overview-of-Business-Rules-Engines Techtarget]</ref><br />
+== Components of Business Rules Engine <ref>Components of Business Rules Engine [http://searchitchannel.techtarget.com/feature/Overview-of-Business-Rules-Engines Techtarget]</ref> ==
 At a minimum, a full-function BRE will include the following components:
 *Business Rule Repository A database that stores the business rules defined by the business users
-*Business Rule Designer/Editor An intuitive, easy-to-use, front-end [[application]] and a user interface that allows users to define, [[design]], document, and edit business rules
+*Business Rule Designer/Editor An intuitive, easy-to-use, front-end application and a user interface that allows users to define, design, document, and edit business rules
 *A Query and Reporting Component Allows users and rules administrators to query and report existing rules
 *Rules Engine Execution Core Actual code that enforces the rules
-'''Examples of Business Rules'''<ref>Examples of Business Rules [https://www.progress.com/faqs/corticon-faqs/what-is-a-business-rules-engine progress]</ref><br />
+== Examples of Business Rules <ref>Examples of Business Rules [https://www.progress.com/faqs/corticon-faqs/what-is-a-business-rules-engine progress]</ref> ==
-Every day millions of decisions are being made. We don’t realize that many times rules govern what decision should be made when. Yet, each business [[system]] must apply the proper decision logic to each task in order to reach the desired [[outcome]] at the transaction level.
+Every day millions of decisions are being made. We don’t realize that rules often govern what decision should be made when. Yet, each business system must apply the proper decision logic to each task in order to reach the desired outcome at the transaction level.
 Some examples could include:
-*Health insurance companies need to decide if a potential new [[customer]] meets eligibility requirements
+*Health insurance companies need to decide if a potential new customer meets eligibility requirements
-*Financial institutions must verify that a loan meets all requirements and guidelines for insurance, paperwork and regulations to mitigate [[risk]] and maintain [[compliance]] with numerous and constantly changing state and federal regulations, corporate policies and customer expectations
+*Financial institutions must verify that a loan meets all requirements and guidelines for insurance, paperwork and regulations to mitigate risk and maintain compliance with numerous and constantly changing state and federal regulations, corporate policies, and customer expectations
 *Retailers need to determine which customers get free shipping and if payments should be held
 ==See Also==
-A Business Rules Engine (BRE) is a software system that executes one or more business rules in a runtime production environment. The rules are stored in a repository and can be accessed and managed without altering the application code. This allows for greater flexibility and agility in decision-making processes, as business rules can be updated by business analysts or managers without needing programming skills. BREs are used across various domains, including finance, insurance, e-commerce, healthcare, and government, to automate decisions based on business logic, such as pricing, eligibility, risk assessment, and regulatory compliance.
+A Business Rules Engine (BRE) is a software system that executes one or more business rules in a runtime production environment. The rules are stored in a repository and can be accessed and managed without altering the application code. This allows for greater flexibility and agility in decision-making processes, as business analysts or managers can update business rules without needing programming skills. BREs are used across various domains, including finance, insurance, e-commerce, healthcare, and government, to automate decisions based on business logic, such as pricing, eligibility, risk assessment, and regulatory compliance.
 *[[Business Process Management (BPM)]]: Discussing the discipline of improving organizational efficiency and effectiveness through the management of business processes. BREs often integrate with BPM systems to automate decision-making within processes.

← Older revision		Revision as of 12:12, 1 March 2024
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−	A business rule engine (BRE) is a component of [[software]] allowing non-programmers to change the business logic in a [[Business_Process_Management_(BPM)\|business process management (BPM) system]]. To carry out a business [[policy]] or procedure, a business rule or statement is required. Business logic uses [[data]] in a database and a sequence of operations to carry out the business rule.<ref>What is Business Rules Engine? [https://www.techopedia.com/definition/25243/business-rule-engine-bre Techopedia]</ref>	+	A [[business]] rule engine (BRE) is a component of [[software]] allowing non-programmers to change the business logic in a [[Business_Process_Management_(BPM)\|business process management (BPM) system]]. To carry out a business [[policy]] or procedure, a business rule or statement is required. Business logic uses [[data]] in a database and a sequence of operations to carry out the business rule.<ref>What is Business Rules Engine? [https://www.techopedia.com/definition/25243/business-rule-engine-bre Techopedia]</ref>

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 ==See Also==
 *[[IT Governance]]
 *[[Business Analysis]]

← Older revision		Revision as of 21:07, 28 February 2024
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−	A [[business]] rule engine (BRE) is a component of [[software]] allowing non-programmers to change the business logic in a [[Business_Process_Management_(BPM)\|business process management (BPM) system]]. To carry out a business [[policy]] or procedure, a business rule or statement is required. Business logic uses [[data]] in a database and a sequence of operations to carry out the business rule.<ref>What is Business Rules Engine? [https://www.techopedia.com/definition/25243/business-rule-engine-bre Techopedia]</ref>	+	A business rule engine (BRE) is a component of [[software]] allowing non-programmers to change the business logic in a [[Business_Process_Management_(BPM)\|business process management (BPM) system]]. To carry out a business [[policy]] or procedure, a business rule or statement is required. Business logic uses [[data]] in a database and a sequence of operations to carry out the business rule.<ref>What is Business Rules Engine? [https://www.techopedia.com/definition/25243/business-rule-engine-bre Techopedia]</ref>

← Older revision		Revision as of 19:44, 20 July 2022
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	===References===		===References===
	<references />		<references />
		+
		+	==See Also==
		+	*[[IT Governance]]
		+	*[[Business]]
		+	*[[Business Analysis]]

@@ Line 17: / Line 17: @@
 *Retailers need to determine which customers get free shipping and if payments should be held
-===References===
+*[[Business Process Management (BPM)]]: Discussing the discipline of improving organizational efficiency and effectiveness through the management of business processes. BREs often integrate with BPM systems to automate decision-making within processes.
-<references />
+*Decision Management System (DMS): Covering systems designed to manage and automate decision-making processes. BREs are a core component of DMS, providing the logic and rules for automated decisions.
-===Further Reading===
+==Further Reading==
 *A Realistic View of Business Rules Engines [http://www.brcommunity.com/b492.php BR Community]
 *Analysis of the Specifics for a Business Rules Engine Based Projects [https://www.techwell.com/sites/default/files/articles/XUS8217604file1_0.doc Techwell]