Applied Systems Launches Performance Management Software

By CIOReview | Friday, March 7, 2014

FREMONT, CA: Applied Systems, a provider of insurance software has launched Applied Performance Management, an analytics software application to help agents and brokers manage their businesses more profitably, reports Insurance Business.

The software offers agencies and brokerages, graphical representations of current business performance, to make informed business decisions faster, depending on the data available within their applied agency management system. It also enhances the capabilities of Applied Epic and Applied TAM, agency management software, by aggregating multiple sources of agency and brokerage management system data in different ways for comprehensive business performance reports.

The software identifies performance data with the help of an intuitive scorecard interface to align Key Performance Indicators used in insurance agencies and brokerages. It includes client management and retention; productivity and profitability management; and opportunity and growth management. With this greater visibility into KPIs, agents in no time can align resources, activities for the employees to achieve strategic objectives and priorities.

“Applied Performance Management delivers enhanced data analytics capabilities to insurance agencies and brokerages to capitalize on the vast amount of rich data their agency and brokerage management systems produce. Through data analytics, Applied Systems is enabling insurance agencies and brokerages to better understand their business and make more insight-driven and customer-focused decisions,” said Reid French, CEO, Applied Systems.