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Revenue Leakage – Opportunity Calling!
| By Suntec
Revenue Leakage has been a universal phenomenon, gnawing up the profit margins of transaction-based industries, especially across their business support systems. Though the Banking industry people are particularly quick in acknowledging the glaring prevalence of revenue leakage, they are not able to pinpoint its source or quantity, or chart methodologies to ensure Revenue Assurance.
Banking Services > Commercial Banking > White Papers
Customer Profitability Vs. Customer Satisfaction: Keep Guessing or Model your Pricing Strategies
| By Suntec
Most financial institutions do not have a clear understanding of what or who drives their profitability. They make assumptions or guesswork, and most of the time, try and fix their profitability metrics into the 80/20 rule or something similar — the majority of profits (80%) come from a minority (20%) of customers, products or business segments. Is profitability as simple as this? While there is no denying the 80/20 rule, how does an organization find this 20%?
Banking Services > Commercial Banking > White Papers
Banks - Reward Your Customers Incrementally, Based on Their Profitability
| By Suntec
Financial Institutions (FI) are on the verge of a strategic make-over. The market conditions imply an increased need to generate revenues and customer profitability, to ensure sustainability and future business success. In order to achieve these objectives, the FIs need to devise strategies that leverage customer relationships in a way that has never been done before.
Banking Services > Commercial Banking > White Papers
Achieving Measurable Gains by Automating Claims Processing
| By Kofax
Moving to a fully automated process is a goal for claims processing of nearly all insurance executives. Companies are at various levels of automation and often do not have an appropriate strategy to achieve higher levels of automation. This white paper identifies seven levels of claims automation and provides a roadmap that can be followed to enhance claims processing. This straightforward approach can be used to increase the likelihood of successful automation. Download this free white paper from Kofax to find out more.
White Papers
Customer Centricity: The Key to Success in Retail Banking
| By Kofax
The economic slowdown has forced many banks to redirect their focus to retail banking and reinvent themselves as customer-centric organizations. But many institutions still use legacy infrastructures and processes that hinder necessary readjustments, in particular with regard to information exchange and customer communication. This white paper explains how these difficulties can be overcome, and how banks and financial institutions can reengineer core IT and business processes to support their business objectives. Download this free white paper from Kofax to find out more.
White Papers
Insurance: Converging Customers, Cost Management and Compliance
| By Kofax
The global financial crisis has not hit the insurance industry as hard as the banking or investment industry—with the exception of those insurers with high exposure to the banking industry—but all insurers, both local and global, face mounting challenges. Download this free white paper from Kofax to find out more.
White Papers
The Top Ten Reasons to Automate Your Banking AP Processes
| By Kofax
Accounts Payables organizations are charged with reducing costs, improving performance, achieving regulatory compliance, increasing visibility and enabling the corporation’s strategic initiatives — all at the same time. The fundamental issue is not whether a company should strive for these goals but how well they can be accomplished. This paper will count down the top ten reasons to automate your Banking AP processes and explore the solutions that can be leveraged to reduce costs, strengthen controls, improve service levels and increase visibility. Download this free white paper from Kofax to find out more.
White Papers
Five Ways to Make a Difference in Banking
| By Kofax
This short guide explains how your bank or financial institution can start improving the customer experience by automating core business processes. Download this free white paper from Kofax to find out more.
White Papers
Insurance Next Practices: A Better Customer Experience, Right from the Start
| By Kofax
Let us guide you through the top five insurance 'Next Practices'. This short guide explains how your company can benefit by improving the customer experience from day one. Download this free white paper from Kofax to find out more.
White Papers
Reselling White Labeled Online Services: a Path to Revenue Growth
| By Melbourne IT
Learn what white labeling is and how your company can benefit by becoming a reseller of white-labeled online products to your customer base.
White Papers
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