U.S. Bank Success Story
Success Story: U.S. Bank Achieves Process Automation & Operational Efficiencies “We used to have 35 people running incentive calculations for our mortgage department. We have now consolidated the process to
Solutions for Banking & Finance Industry
We understand that today's banking industry is a challenging space to maintain sustainable revenue growth. With increasing regulatory pressures, intense global pressures and the market's expectation for flawless consumer experience, the banking industry is continually evolving to accommodate its needs.
Market Disruption
The pandemic brought about a pressing need for agile business forecasting, real-time scenario modeling and critical insights about employee and financial performance. From a proliferation of incentive plans to a static financial planning process, banks now struggle with the resulting high costs & low margins.
Regulatory & Governance Needs
Constant regulatory changes & mandates such as the SOX Act, ASC 606 and Dodd-Frank, combined with stringent financial reporting and disclosure requirements, have made it imperative for banks to govern, monitor, audit and report on their operations and incentives with more detail than ever.
Data Challenges
Vast amounts of transactional data, data accuracy issues…… quickly result in costly reporting errors and regulatory non-compliance in addition to deep data distrust within the organization resulting productivity drain and higher employee attrition
Technology Costs
Banks need to implement industry and domain best practices to ensure they remove human errors and associated costs in financial processes while sustaining revenue growth……
Learn more about our solutions for the Banking & Finance Industry
InnoVyne Solutions
Drive accelerated top-line growth by aligning sales behavior to sales outcomes. Empower your sales teams to outperform targets by optimizing territories, quotas and compensation plans for maximum effectiveness and complete visibility into performance trends.
Turn Financial Planning & Analysis (FP&A) into an advantage. Realize transformative business value by responding to market changes with agility and resilience with collaborative planning, always-on forecasting & predictive financial intelligence.
Our SPM and EPM solutions deliver the right information at the right time right to your fingertips.
InnoVyne Insights
Predictive analytics in finance (Future of finance)
Predictive analytics is used by businesses all over the world to produce predictions or model forecasts that employ data analytics, automation, and machine learning to make business decisions. Data is
Whitepaper: How Variable Pay can save you in the Great Resignation
Whitepaper: How Variable Pay can save you in the Great Resignation InnoVyne Technologies needs the contact information you provide to us to contact you about our products and services. You