Business Rule Management Systems

Business Rule Management Systems (BRMS) are software tools that help organizations define, manage, and automate their business rules. These rules are guidelines that dictate how a business operates, such as decision criteria for loan approvals or pricing strategies. A BRMS allows users to easily update these rules without changing the underlying software, making it faster and more flexible to adapt to new regulations or market conditions. By centralizing rules, a BRMS enhances consistency, reduces errors, and improves the efficiency of business processes. In short, it streamlines how businesses govern their operations and make decisions.