The quotation system for your omni-channel sales activities
Keep pace with digital transformation - separate your sales strategy from the transformation of your back-end systemsIn the world of digital transformation, the replacement of back-end systems takes up time and resources. So how do you maintain speed? By using Faktor-IOS (Insurance Offer System) as a central quotation system and reacting swiftly to changing market conditions.
With Faktor-IOS the rules relating to sales logic are configured centrally and are accessible across departments and sales channels. Faktor-IOS takes the relevant product information from the existing back-end systems. On this basis, sales products and variants are created in Faktor-IOS and are then adapted to the respective channel strategy. Both back-end and front-end systems are connected via services.
Faktor-IOS enables you to implement your digital sales strategy quickly and easily. Faktor-IOS maps your offer and quotation functions across divisions and channels on different platforms. This allows you to use both existing and new distribution channels, e.g. third-party providers and social media channels, including virtual assistants. You can create channel-specific sales products based on your existing products, enabling you to offer your customers and agents tailor-made product and service modules.
Dr. Manuel Nothelfer
Mitglied des Vorstands
The central offer service provides an integrated quotation process across all sales channels, which is the basis for cross-channel sales controlling. Faktor-IOS also supports sales processes for upselling and cross selling.
Faktor-IOS is an integral part of the Faktor-Zehn-Suite. As a stand-alone system, existing calculating systems and other interfacing systems can be integrated easily and seamlessly into Faktor-IOS. Faktor-IOS can also be used as a central quotation system within your system landscape, providing a bespoke solution that is very efficient and poses a low risk to the project.
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Faktor-IOS covers all the core functions of a quotation and offer system (create offer/quotation, save, resume, search etc.)
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Offer and sales variants can be configured and adapted to the respective sales channel thanks to the integrated product system Faktor-IPS
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Upgrading and upselling support is provided, cross-selling support is also possible
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Centralized storage of quotations and offer services
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Underwriting – store master data, risk analysis, create and store quotations
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Offer validation to ensure the quality of offers and quotations for back-end processing
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Integration framework for connecting all front- and backend systems
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Cost control and time-to-market
Get your products to market faster and more cost-effectively
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Classic and new distribution channels
Both classic and new distribution channels can be connected to Faktor-IOS, so you can reach your customers more easily
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Coverage of insurance types
Faktor-IOS can be used for all types of insurance
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Lean front-end and 24/7 availability
Access to the central sales logic and its separation from the back-end systems
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Channel-specific customer approach
Reach your customers faster and in a more targeted manner, supporting their contract finalization process
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Simple integration
Faktor-IOS is aligned to your IT landscape – seamless integration with your existing calculation engines and interfacing systems
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Cross-channel sales controlling
The offer and quotation data is stored (or partially stored) for each sales channel (telephone, online, mobile, etc.) so statistics can be analyzed and customer journeys tracked
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100 % Java
Java-EE-Platform or Spring-Platform
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Service-oriented architecture
REST or SOAP-API
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Same product logic
Front and back-end systems
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Easy data transfer and extraction
XML import and export
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Scalable
From stand-alone use to Internet platform
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Model-driven software development
With code generator
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Product definition tool included
Integration with Faktor-IPS
Media library
What is Faktor-IOS?
Faktor-IOS, a modern and proven standard software package for quotation and offer management
Live Demo with ERGO @ DIA
Presentation of the new offer engine of ERGO Dirket, which is based on our standard offer system Faktor-IOS
Faktor Zehn and ERGO Direkt present new Offer Engine @DIA Amsterdam 2017.