Take the Financial Services Quiz!

For banks, change is never ending. Whether it’s tracking business performance in real-time, gaining insights from data analytics, or streamlining back-office operations, banks need to improve their efficiency and ability to scale in order to stay ahead of their competition and adapt to changes in the marketplace.

Yet, many banks still use multiple systems for finance, analytics, reporting, HR, and more, which makes it very difficult for them to adapt and grow as their needs and market demands evolve. As a result, banks are increasingly adapting a single cloud-based system that enables them to streamline core business processes and improve operational efficiency.

Take the Financial Services quiz to establish what kind of buyer you are, and we’ll instantly deliver the most helpful content to address your most significant financial services challenges.

1. Which of the following is a priority for your financial services organization?

We need to improve our operational efficiency We want to improve our use of data analytics We need to embrace digital transformation to modernize our back-office operations

2. What challenge is your organization most interested in overcoming?

We want to improve our decision-making ability with the use of more timely data Our back-office needs modernization, so we can communicate and collaborate more easily We’re actively pursuing technology that will improve our business performance

3. What is your biggest business challenge?

We need to get rid of our multiple and outdated systems, so we can modernize and streamline our core business processes We need to improve our operational performance so we can continue to grow and stay ahead of our competition. We need to improve our data collection, analysis and reporting so we can make informed, timely business decisions

4. What does your team most struggle with?

We struggle with business performance as our organization changes and grows We struggle with our legacy and multiple systems We struggle with being able to make speedy, informed data-based decisions

5. When it comes to operational efficiency, how important is improving transaction processes to you?

It’s very important It’s not that important. I care more than improving our real-time data analytics It’s important, but I care more about streamlining our back-office operations

6. How important is real-time data analytics to your organization?

It is critical to us, a top priority It’s important, but we are more focused on streamlining our business operations We view real-time data analytics as one of the ways we can improve our business performance

7. How important is digital transformation to your organization?

It’s the top priority for us Reinventing our back-office operations is important but only if it improves our overall business performance It’s important to us, but we are most interested in a single system that will give us full visibility into our organization’s data

8. When it comes to business performance, how important is minimizing compliance risk to you?

It’s very important It’s not important. I care more about having full visibility into our financial, operational and HR data It’s important, but I care more about transforming our back-office capabilities and performance

9. When it comes to utilizing business data, how important is real-time reporting capability?

It is very important It is important, but I am more interested in improving productivity across all functions of the organization It is important, but I am more interested in modernizing our back office

10. How important is embedding automation and machine learning into your financial business processes?

It’s a very important component of our digital transformation It’s important, but I am more interested in a cloud-based system that connects all of our data for improved analysis and reporting It’s something I’d like us to improve, but I am more focused on improving our overall business performance