Document generation software speedster Windward and fresh-thinking, award winning, insurance innovator AXE have released the results of a case study that shows how AXE achieved new document time savings of a factor of 10 or more, shortened project cycles from years to weeks, and delivered onsite prospect demos that were previously unattainable.
Award-winning Australian vendor AXE switched from using a basic scripting tool to Windward's full-service document generation solution, which serves industries ranging from insurance and finance to healthcare to government and more. AXE Analysts demonstrated the ability to create new documents in one hour or less, as compared to the prior process of 1-2 full days.
In a recent 6-week project, one employee created and performed multiple revisions to approximately 40 documents. AXE estimates this would have consumed the weeks of several employees with the previous tool.
"Clients tell us changes they can now do in 10 minutes would have cost $50,000 or more with their previous solution," said Martin Stewart, AXE’s Director of Strategy. "Windward saved us and the client a fortune. We never would have met the time constraints—and we would have blown the budgets—had we used tools we previously used."
AXE implemented Windward because the flexible, non-banded solution saves time, enables template creators to easily meet design specifications, and integrates into AXE's own applications without any outside branding. It offers the ability for any non-technical person to update forms without IT involvement and allows for new or changed documents to be easily and quickly tested and deployed to production. Plus, the software could be embedded into AXE's standalone mobile software offering, and its affordable and adaptable licensing models ensure that no additional license fees are passed on to AXE clients.
The study revealed the benefits extended to AXE's customers as well. A major customer decided to build a correspondence engine based around Windward, replacing a previous setup which they had outsourced. The project went live within a short time.
"AXE's measurable results provide great insight into how enterprises that automate document generation systems can save significant amounts of time and money," says Shirley Clawson, CEO of Windward. "These findings support a key goal for major enterprises – improving a company's bottom line, one of Windward’s biggest values.”
Australian company AXE develops and sells the Axelerator Insurance Platform, an Adaptive Straight-Through Processing (STP) system for automation of new business, claims and lifecycle services. Axelerator enhances competitive advantage by providing a rules-driven environment for one-touch and personalized process execution, with smart handling of exceptions.
AXE has won numerous prestigious awards, including the IBM International Beacon Award for an insurance industry solution, MIS Innovation Awards for excellence in the use of technology in insurance, AIIA Award recognizing innovative solutions, and Finalist, 2009 NSW Telstra Business Awards in Medium Business and Innovation Categories.
While Windward offers business intelligence, enterprise reporting, document generation and Web-based business intelligence solutions. Launched in 2002, Windward is the only full-featured, robust Java and .NET engine to use Microsoft Word, Excel and PowerPoint as a layout tool, putting template design and report and document generation power in the hands of the end user. Any Office user can easily and securely create reports and documents with almost no learning curve.
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