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HomeCase StudyAutomated Incentive Payout System with Nected’s No-Code Rule Engine

Automated Incentive Payout System with Nected’s No-Code Rule Engine

200+

India

Company Name

Company Size

200+

Company Location

India

80% Faster Development and Exceptional Support with Nected

Book a Demo

Automated Incentive Payout System with Nected’s No-Code Rule Engine

Company Size

200+

Company Location

India

80% Faster Development and Exceptional Support with Nected

Book a Demo

Key impact delivered

80%

Faster Development

5X

Faster time to market

Zero

Tech Bandwidth Required

Book a Demo

Problem Statement

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Solution

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80% Faster Development and Exceptional Support with Nected

Nected has transformed how we manage incentive payouts at Wealthright. Their client-focused team collaborates closely with us, enabling real-time changes to incentive rules and eliminating delays. The platform’s modular rule engine and workflow system streamline complex payout calculations, achieving 80% faster development and cutting rollout timelines by weeks. With automation and easy iteration, we’ve resolved our payout challenges and can now focus on implementing new ideas and driving business growth.

Ayan S.

Chief Product Officer

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FAQs

How Nected is better than other rule Engines & Workflow Automation platforms?

Nected stands out in the rule engine and workflow automation market primarily due to its superior API and workflow orchestration capabilities. It allows easy integration with various systems and services, making it highly efficient for processes involving multiple APIs. The platform also excels in handling complex workflows, offering a user-friendly interface that simplifies designing, automating, and optimising business processes. This makes it particularly attractive to teams seeking to streamline operations with minimal technical intervention.Another key advantage of Nected is its low-code/no-code approach, which makes it accessible to both technical and non-technical users. This aspect not only speeds up deployment but also reduces reliance on IT teams. Additionally, Nected ensures scalability and robust performance, adapting to growing business needs while maintaining efficiency and reliability. Its emphasis on security and compliance further cements its position as a reliable and versatile choice for businesses looking to enhance their automation strategies.

How quickly can I start using Nected (Learning Curve)

Nected's low-code/no-code (LCNC) environment is designed for both technical and non-technical users, ensuring a quick and easy learning curve. With an emphasis on rapid onboarding and intuitive design, users can start efficiently utilising its features, regardless of their technical background.

Is Nected scalable and performing for mission-critical flows?

Nected is designed for scalability and performance, supporting mission-critical workflows with robust architecture. It can handle increasing loads and complex processes efficiently. The platform typically offers high uptime and reliable response times, though specific metrics should be checked in its service level agreement (SLA).

Is Nected Secure? What kind of data does it store?

Nected prioritises security and typically adheres to industry-standard practices for data protection. The nature of data stored depends on your workflows but can include user data, transactional data, and operational data. Nected likely employs encryption, access controls, and regular security audits to protect this data. We are also in process of obtaining SOC2, ISO ?& GDPR compliance.

What do you mean by invocations? And how is it better than other products?

Invocations refer to the number of times your workflows/rule is triggered via API, cron or other trigger. It will count the parent rule/workflow and can have as many rules, nodes within it. This metric is often used for billing purposes. Compared to other products, invocations as a billing metric can be more cost-effective and transparent, aligning closely with your actual usage and needs. It ensures you pay for the value you receive, rather than flat rates or less relevant metrics.

What if I exceed my plan quota?

If you exceed, you'll be charged based on additional usage and will be added in your monthly charge. In case of payment failure after grace period, your plan will be reverted to free trial limiting your monthly execution and # of rules/flows as per free plan, however all your existing rules/workflow data would be kept intact.

What if I decide to cancel? Can I cancel anytime?

Firstly, we do not have a vendor lock-in, so you can cancel anytime you want. However, if you decide to cancel once your subscription for a given period has started then you would be able to cancel at the time of the next billing cycle only.

Can I upgrade my plan in between?

Yes, you can typically upgrade your Nected plan at any point during your billing cycle. The upgrade process is usually straightforward, often involving just a few clicks in your account settings. Upgrading mid-cycle may involve prorated charges for the higher-tier service.

Which plan should I go for?

The best plan depends on your specific needs, such as the expected number of invocations, the complexity of your workflows, and the level of support you require. It’s a good idea to start with a basic plan and upgrade as your needs evolve, especially if you're new to Nected. Moreover, you can also write to us at assist@nected.ai and we will help you figure out the best plan for your brand.

Would I be getting assistance in setting up Nected or building my POC?

Yes, Nected usually offers assistance in setting up and creating a Proof of Concept (POC), especially under certain plans. This assistance can include access to customer support, documentation, and possibly dedicated account management.

What level of support does the Startup and Growth plan have?

The Startup and Growth plans typically provide basic to enhanced support, including access to customer service through email or chat, a knowledge base, and possibly community forums. Response times and the extent of personalized assistance may vary between these plans.

What level of support does on-premise plan have?

The on-premise plan generally offers the most comprehensive support, including dedicated account managers, 24/7 support, and tailored assistance for deployment, maintenance, and troubleshooting. This plan is best suited for businesses with extensive, mission-critical use of Nected.

Automated Incentive Payout System with Nected’s No-Code Rule Engine

3 mins
Company Name

Wealthright

Company Size

200+

Company Location

India

80%

Faster Development

5X

Faster time to market

Zero

Tech Bandwidth Required

Problem Statement

Wealthright, a fintech company known for its excellence in financial services, struggled with managing complex incentive payouts. Their previous system required substantial manual effort and relied heavily on technical teams to update and iterate rules. This resulted in:

  1. Labor-intensive rule creation: Complex commission logic demanded significant technical resources, slowing down the process.
  2. Dependence on tech teams: Iterating on feedback or policy updates was a slow process, heavily reliant on tech involvement.
  3. Difficulty integrating data points: The complexity of implementation made combining multiple data sources, such as sales performance and agent metrics, challenging.

These challenges led to missed opportunities for timely incentive schemes, limited experimentation with payout strategies, and strained tech bandwidth, impacting overall growth and innovation.

Solution

Wealthright partnered with Nected to overhaul their incentive management system using Nected’s low-code, no-code rule engine and workflow automation platform. This transformation enabled:‍

  1. ‍Effortless data integration: Seamlessly connected 3rd party data and multiple databases/excels.‍
  2. 5x Faster time to market: Reduced rollout timelines from months to 1-2 weeks despite rules being highly complex.‍
  3. 60-70% Reduction in the development effort.‍
  4. Instant Changes to Scheme: It enabled business teams to change policies in real time without coding for the real-time changes in market and sales dynamics.‍
  5. More Experimentation and Innovation: The product team can focus on ideating and refining strategies without worrying about implementation hurdles.
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80% Faster
Development  for our system

Nected lets us move faster than building everything in-house. With their cloud solution, URLs for staging and production are automatically set up, so we have no DevOps overhead. This speeds up development and cuts maintenance.

Greg R.
Tech Lead
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2x Faster
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Nected reduced development time by 2x and it has made our system much more modular and flexible as compared to hard-coded systems, reducing our continuous dependency on tech.

Souradeep Paul
Director of Product
Brightchamps
50% Faster
Sprint Cycle in overall

Nected’s modular rule engine and workflow system streamline complex payout calculations, achieving 3.2x faster development and cutting rollout timelines by weeks.

Ayan S.
Chief Product Officer
Wealthright
Zero
Tech Bandwidth required

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Chief Technology Officer
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4% Growth
in conversions in 2 weeks

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