BRMS (Business Rule Management System)

A Business Rule Management System (BRMS) is a software tool that helps organizations manage and automate their business rules, which are the guidelines that dictate how decisions are made within the business. For example, a BRMS can define rules for approving loans, processing orders, or handling customer inquiries. By centralizing these rules, a BRMS allows companies to update them easily, ensuring consistency and compliance. This leads to faster decision-making and improved agility as businesses can adapt to changes in regulations or market conditions without needing extensive changes to their underlying systems.