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| Major Insurance Company |
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Business Challenge:
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Promotum Group's client is one of the leading providers insurance and reinsurance in the United States. Their Credit Enhancement Department (CED) is responsible for assessing risk for complex reinsurance contracts. In order to more accurately assess the company's risk position, the client needed to replace its existing system with an advanced portfolio management system. |
Solution:
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Worked closely with CED's portfolio managers to develop the complex business requirements for tracking reinsurance exposures and analyzing the reinsurance portfolio. |
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Results ended with Promotum implementin a Credit Management System (CMS) using an n-tiered architecture using Visual Studio.NET development tools and Rational's suite of design tools. |
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To insure rock-solid application architecture, Promotum Group worked closely with Microsoft to validate their .Net strategy and architecture, especially in the area of MS Office product integration. |
Results:
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The new CMS application has far-reaching business value for the client. Not only does CMS help them make better risk management decisions, and lower the company's overall risk, it also serves as the foundation for the client's entry into broader, more sophisticated credit enhancement markets, where they expect to obtain higher margin contracts. |
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| Automobile Manufacturer |
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Business Challenge:
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Multinational automobile manufacturer, needed an easy-to-use, cost-effective way for Dealers to register and activate their in-vehicle safety, security and information service for their customers |
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The previous enrollment process was done one of two ways—both inefficient and costly. Either Dealers had to call the Call Center where an Enrollment Advisor would manually enter customer information, or the customer would register themselves via "Blue Button" service from their car, creating costly cellular phone service charges |
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In both cases, new customers were also required to complete and fax a Subscriber Service Agreement (SSA) that was then manually entered by Enrollment Advisors |
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The client turned to Promotum Group for a more cost-effective and customer-friendly approach |
Solution:
Provided a pool of PMs reporting to the client. These resources:
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Promotum Group designed and implemented an Online Enrollment Processing System allowing dealers to enter the information once, via the Web, and that information is downloaded to a database, where Enrollment Advisors use a linked web-based application to provide service to customers. |
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The system uses an n-tiered application architecture that is scalable and portable, and enables thousands of enrollments to be processed each month. |
Results:
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By taking advantage of web technologies, the client has dramatically improved its enrollment processing time and accuracy, resulting in significant year over year cost savings |
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The client is delighted and is using those cost savings to fund future enhancements with Promotum Group |
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| Workforce Management Company |
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Business Challenge
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Build a web based solution that provided customers with real time data |
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Traditional staffing business are branch based |
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Data was flowing from various systems |
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Customer interface must be simple and fast |
Solution:
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Designed the first web based procurement tool for the light industrial staffing market |
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Customers were able to utilize the system as auction to achieve the best price |
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Electronic billing and allowed for online approval by customer in simple point and click format |
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Suppliers were rated by customer and ratings were tracked and updated weekly |
Results:
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Job orders that often took days to complete were finished in under twenty minutes |
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Customers reduced number of suppliers from hundreds down to one service |
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Received an award as the Procurement Tool of the Year for 2009. |
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