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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

Allovance is founded on the principle that there exists a more effective method for making decisions. Our organization draws upon extensive research from various fields, including decision sciences, psychology, business, change management, and learning behaviors. This foundation of knowledge has led to the creation of two distinctive product offerings. The Allovance Software is designed to assist stakeholders in navigating the five-step decision-making process: Strategize, Compare, Quantify, Score, and Select. By subscribing to the software, you gain access to implementation training, allowing you to utilize the tool at your convenience with your team. Additionally, Allovance Certified Decision Coaches possess expertise in business strategy, facilitation, and decision-making, and they are dedicated to empowering organizations in reaching their strategic objectives. These Coaches are readily available and thoroughly trained to implement the Allovance approach effectively, ensuring that your organization can optimize its decision-making processes. With their support, you can transform the way your team approaches challenges, fostering a culture of informed decision-making.

Description

Compass serves as a business analytics tool specifically for the insurance industry, developed by seasoned professionals in the field. Its primary purpose is to assist you in managing and optimizing your operations. By consolidating data related to agencies, policies, premiums, claims, and quotes, Compass empowers your organization. The solution features intuitive dashboards, advanced analytics, personalized reports, timely alerts, and a comprehensive data management system. As a cloud-based platform, it boasts minimal setup requirements, enabling a swift implementation process. Utilize your data strategically to enhance both the effectiveness and efficiency of your business operations. With the ability to customize Compass to meet your specific needs, you'll ensure that decision-makers have access to the right insights, allowing for improved management of business portfolios, agents, products, and claims. Furthermore, Compass is crafted to deliver a cost-effective technological solution tailored for all participants in the insurance sector, ensuring that everyone can benefit from its capabilities. This adaptability makes it an invaluable asset in today's competitive market.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

ID123

Integrations

ID123

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Allovance

Founded

2017

Country

United States

Website

allovancemethod.com

Vendor Details

Company Name

IDP

Founded

1949

Country

United States

Website

www.idpnet.com/product/compass/

Product Features

Business Performance Management

Ad Hoc Reports
Ad hoc Analysis
Budgeting & Forecasting
Consolidation / Roll-Up
Dashboard
Key Performance Indicators
Predictive Analytics
Qualitative Analysis
Quantitative Analysis
Scorecarding
Strategic Planning

Decision Support

Application Development
Budgeting & Forecasting
Data Analysis
Decision Tree Analysis
Monte Carlo Simulation
Performance Metrics
Rules-Based Workflow
Sensitivity Analysis
Thematic Mapping
Version Control

Risk Management

Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment

Strategic Planning

Budgeting & Forecasting
Dashboard
Goal Setting / Tracking
Idea Management
KPIs
Modeling & Simulation
Roadmapping
Scenario Planning
Scorecards

Product Features

Business Intelligence

Ad Hoc Reports
Benchmarking
Budgeting & Forecasting
Dashboard
Data Analysis
Key Performance Indicators
Natural Language Generation (NLG)
Performance Metrics
Predictive Analytics
Profitability Analysis
Strategic Planning
Trend / Problem Indicators
Visual Analytics

Decision Support

Application Development
Budgeting & Forecasting
Data Analysis
Decision Tree Analysis
Monte Carlo Simulation
Performance Metrics
Rules-Based Workflow
Sensitivity Analysis
Thematic Mapping
Version Control

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