Increased competition, rising operational costs and changing regulation requirements make Financial Services a complex industry to operate in.
To complicate things even further, today’s customers are getting savvier and more sophisticated, and are therefore demanding higher levels of transparency.
Add to this that many Financial Service firms still manage their back end operations using a myriad of different systems, and it suddenly becomes all the more complicated.
As a Financial Service firm you’d like to be proactive in understanding and complying with forthcoming and ever-changing regulatory requirements. To do this you need to be able to streamline compliance and reporting capabilities through the use of accurate and easy-to-find data.
It’s also important to you to be able to understand your customers, so that you can run targeted campaigns, getting the right message to the right customer at the right time.
Finally you need to streamline your day-to-day operations so your staff have more time to focus on other tasks.
You need a system that will support you to do this, a system that will expand and grow as you do and support you to grow your bottom line by improving your efficiencies.
NetSuite is a cloud-based ERP system, which means it is easily scalable.
NetSuite provides one business management suite consisting of financials, CRM, HR / HCM and business intelligence, eradicating the need for disparate systems. That means you benefit from new efficiencies, a 360-degree view of every customer, whilst cutting costs through reduction of IT spend.
Designed with specific functionality for Financial Service firms, NetSuite incorporates real-time analytics that allow you to constantly monitor and adapt to change with speed.
It also helps you better meet your compliance needs with audit trails, automatic upgrades and built-in capabilities to handle global currency, tax and reporting requirements.
If this sounds like something your Financial Service firm could benefit from, just tell us who you are, and we’ll tell you how we can help.
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