We work for your success

Realising your vision

Some other Envision marketed products are listed below

• G-PAK - Goal Scorer Pathways Analysis Kit for VCE

• Mississippi Insurance System

• Tycho Audit Manager

G-PAK

Overview

Goal Scorer Pathways Analysis Kit or G-PAK was developed at the instance of DELIVER Educational Consulting who needed to reach all the VCE students with a highly reliable product, running over a variety of operating platforms. As with all projects, the timeframe to develop and deliver was very short.

Developed and delivered in time, G-PAK was distributed on CD to 30,000 VCE students in Victoria in 2003. G-PAK system provided students the ability to quickly and easily find recommended courses and selection information for 800 occupations and 1200 occupational listings in interest group blocks. For students, it provided an extremely useful tool that matches their competencies with available career options.

While helping the students, G-PAK 2004 provided universities and educational institutions, a powerful and inexpensive media for reaching out to High School students with message and advertisements. Through this, they were able to reach their audience directly and in a very pointed manner. The system allows advertisers to place graphic banners and links to web pages at multiple points in the user interface, delivering the message in the best context to the end user to view with maximum impact. We believe this will lower advertisement and overall costs of an education system.

G-PAK (Goal Scorer Pathways Analysis Kit) is about managing career pathways for students. This requires students to sift thru large amounts of information. Managing such information is hard, and G-PAK makes it very simple, covering 800 occupations, 7,300 tertiary courses and 200,000 cross-matched data entries. Students choose an occupation or group of occupations to search, apply filters and G-PAK does the rest, producing reports for each occupation which

• Summarise employment levels, employment growth, unemployment levels, income levels, projected employment growth, overall prospects and proportion of full-time employees.

• Outline entry requirements and qualifications recommended and/or needed for each occupation.

• Clarify the specialisations available in each occupation.

• Illustrates different pathways that can be taken to secure employment within that occupation.

• List all relevant university and TAFE courses.

• Show 3 year cut-off trends, other ENTER analysis ratios and analyses of offer ratios and trends

Mississippi Insurance System

Built on visionary Technology Conceived by experienced insurance professionals, the Mississippi Insurance System is designed to support sales, service and claims handling of life and non-life insurance businesses. This is a system that is specifically built to meet the various unique requirements of insurance operations in a way that delivers superior client service, business process efficiency and full operational control by managers.

The package provides comprehensive functionality in one integrated system to cover all aspects of operating an insurance business. Paper-based procedures and record keeping are virtually eliminated. Management are provided concise up-to-date information needed for all decision making levels. Mississippi provides information technology based business transformation that is critical to gaining a competitive edge.

Mississippi is a General Insurance System to automate the processes that outline the flow of operation in a General Insurance company. It allows the organization to gain complete control of its operation over diverse areas, related to the functioning of its specialized departments. Starting with facilitating the storage of Policy data, the system streamlines the subsequent operations on the policy as it goes through the different stages in its life cycle until maturity and completion. Managers are provided with complete visibility and control over all operational activities, allowing them to achieve operational excellence. Specifically, the organization is able to effectively manage its resources, prudent pricing, efficient budgeting and deliver better customer service. The system is powerful, versatile and easily customisable to suit any business process. It also offers the advantage of having a tight integration of accounts with policy data with an option of deploying either a centralized or de-centralized structure.

Features of Mississippi Insurance system

• Diligent dissemination of activities among various departments like Underwriting, Claims, Accounts, Reinsurance and Administration.

• Flexible configuration for customers, classes, risks, covers, re-insurance and accounting specifications.

• Integrated Accounts and Re - Insurance modules with Underwriting and claims modules.

• An extensive MIS system, which provides an array of reports on different departments based on varied criteria along with the ability to be customized.

• Built-in security based on organization roles.

• Demonstrates the workflow in an Insurance Organization.

• Portable across various domains and practices with minimal customisation

• Suave Integration with Imaging and workflow systems possible.

• Multi dimensional reporting and data analysis.

• Built for multi-language data entry and multi-currency.

• History of key activities like policy endorsements is maintained.

• Outstanding claims report can be generated.

• System generated text for endorsements for changes made.
  Easy maintenance, robust, versatile and scalable.

Benefits of Mississippi Insurance System for an Insurance Organization

Mississippi provides today's insurance companies with unparalleled management capabilities and control. Specifically, the Mississippi Insurance System helps insurance companies to:

• Effectively manage each and every customer relationship with diligence and cater to their specific needs.

• Compete effectively against other financial & insurance organizations by speed of operation to attract new customers.

• Measure the value and risk of various business opportunities.

• Enable staff members to accommodate to market changes and customer demands by customizing products and services.

• Mississippi's rating system provides any structure of risk and hazard exposure parameters that are locally or internationally relevant. The system itself provides the operational base for ensuring good risk management and rating practice.

• The insurance company can assign a rating matrix that recognizes each combination of risks and covers, and thereby create a rating table tariff. The rating parameters are fully flexible and allow for quick response to risk experience.

• Mississippi is designed to allow tariff flexibility - fixed rates, guideline rates or even flat rates.
  Gain access to advanced delivery channels like the Internet.

Envision IT have special rights to the software, source code and would be happy to partner with companies, agents and others to develop it further.

Tycho Audit Manager

Tycho Audit Manager (TAM) is a packaged product developed by auditors for effective management of internal audit. The product helps the auditor perform critical activities such as identifying key audit areas and subsequently providing clear audit objectives and guidelines drawn from a knowledge base. With the TAM system, the auditor can methodically prepare an audit plan that clearly outlines what is going to be audited and how it is going to be audited. This ensures that the benefits of internal audit are maximised by deploying scarce audit resources to the most pressing concerns of the enterprise. Audit projects are tracked methodically, and the entire audit process becomes fully visible and easily understood by the Audit Committee.

The system embodies an audit methodology using the basic concepts described above. Once the auditor has defined (or tailored) Business Functions, Audit Units, Risk Criteria and Risk Criteria Weights for the enterprise through TAM/System, the main steps of the method are:

• Step 1: Record Initial Risk

• Step 2: Rank Risk Matrix

• Step 3: Identify Audit Projects

• Step 4: Compile Audit Plan

• Step 3: Conduct Audit Projects

• Step 6: Record Audit Opinion

The Tycho Audit Manager (TAM) System consists of a base TAM/System module together with three specific modules:

• TAM/Risk: Provides a comprehensive risk assessment and audit planning mechanism.

• TAM/Guidelines: Provides a knowledge base for ensuring best practices in audit.

• TAM/Project: Enables full management of audit projects and work papers.

The Tycho Audit Manager system operates under Windows 2000 or higher. The system database and programs occupy about 3M of disk space.

Record Initial Risk
For each Audit Unit, the auditor enters risk scores for each risk criteria based on his subjective opinion using TAM/Risk. The completed Risk Matrix constitutes the Initial Risk Opinion. The auditor can also record in free text any relevant notes or rationale for his scores. The system records these notes and the risk scores for each Audit Unit with the date the opinion was formulated.

Rank Risk Matrix
The weighted sum of the risk scores for each Audit Unit are ranked into “Low”, “Medium” and “High” risk categories by the Auditor. TAM/Risk carries out this ranking using weighted sums of risk scores for each Audit Unit.

Identify Audit Projects
The auditor can now select audit units with high risk profiles and define audit projects. The system provides generic audit objectives for each Business Function and best practice guidelines which the auditor can tailor for specific situations. The auditor can also record the expected investment in time and resources for each project and its scheduled start/completion dates.

Compile Audit Plan
The data recorded in the system through the Initial Risk Opinion and the defined Audit Projects can now be compiled to produce concise audit plan documents for presentation to the Audit Committee.

Conduct Audit Projects
TAM/Project is used to manage audit projects, record work papers, monitor audit suggestions and follow-up, and provide concise reports on the Internal Audit Department’s daily activities. The system provides auditors with an easy to use central repository in which they can record their work and follow-up on their recommendations. Through TAM/Project, the Internal Audit Manager is able to track audit projects and provide Management with concise reports on how scarce audit resources are being deployed with what results.

Further, the system facilitates the transfer of audit personnel between audit projects. The central repository of detailed information on an audit project allows a new auditor to quickly come up to speed with the issues and past history of audit work in a particular area.

Record Audit Opinion
Once each audit project is completed, the auditor revises his Initial Risk Opinion for the relevant Audit Units and records appropriate notes on his findings and rationale for the revisions. These constitute the Audit Project Opinion (as opposed to the Initial Risk Opinion). The system maintains records of these together with the date on which they were formulated. This database of Audit Project Opinions provides the auditor with a history of risk assessments of each Audit Unit of the enterprise. These can be compiled into concise reports supported with graphs for presentations to the Audit Committee.

For more details or demo', please call +613 9802 5516 or email.