Financial Services

 

In Financial Institutions such as Banks and Insurers, it is common for the Finance Department to focus its efforts on generating reports for fiscal and regulatory purposes (Financial Accounting). However, now more than ever, it is necessary to have a focus oriented on the generation and provision of inputs, which allow decision-making at all levels of the organization, understanding the factors that affect or drive profitability, ensuring business efficiency (Administrative Accounting).

 

 

Our solutions offer a new vision that provides the Finance Department with absolute and optimal control in the administration of the entire Financial Business cycle, which is achieved through the use of cutting-edge methodologies and technological tools.

This approach to financial innovation allows the company to be able to generate timely, accurate, secure and fully automated information by the maximum level of detail or granularity, as required to support decision making at a strategic, tactical and operational level.

 

SOME OF THE MAIN ADVANTAGES THAT OUR SOLUTIONS BRING TO THIS INDUSTRY ARE THE FOLLOWING:
  • Know the real profitability of each contract, product, client, channel, type of bank, branch, business unit, etc.
  • Identify which is the mix that optimizes profits – How much each business process costs (Market,
  • Analyze,Approve, Instrument, Dispose, Monitor and Recover), as well as its variation, as the premises change.
  • Know the most convenient markets and lines of business to be invested due to the profitability and risk they imply.
  • The cost of unused and idle capacity per business process, both in the operational areas and in the back office.
  • The cost of change and profitability of a product, customer, channel, market or the entire organization, when modifying a business process, or changing internal or external premises.

 

PLAN, BUDGET AND FORECAST
  • Generate budgets in an agile, collaborative and integrated way with the company’s legacy systems.
  • Plan based on operational and strategic indicators (drivers).
  • Follow up on budget control in a practical and precise way.
  • Make forecasts (forecast) and scenarios continuously.
  • Have the entire budgeting process integrated and automated.

 

REDUCE COSTS AND INCREASE PROFITABILITY
  • Eliminate costs and investments that are not essential or do not add value.
  • Know the real profitability of contracts, products, clients, distribution channels, markets, regions and any required dimension.
  • Focus commercial strategies and development of new businesses based on the profi tability and level of riskthey imply.

THE REST OF OUR FINANCIAL SERVICES SOLUTIONS ARE ALSOAPPLICABLE FOR THIS INDUSTRY.

Contact us for more details!