Banking and Credit Union

Improve Accuracy, Efficiencies, and Lower Costs With Oracle Cloud

To be cost-effective and stay competitive, banks need a robust content management platform and state-of-the-art analytic capabilities. Managers need granular visibility into revenue and expenses to meet business objectives and bottom line. Solutions must exist for customers that seek growth from non-traditional digital assets and networks. Organizations need to understand their product revenue streams, customer profitability, and channels ripe for development to meet long-term growth objectives when there are multiple revenue streams, including digital assets and cryptocurrency. But here’s the problem. Microsoft Excel-based manual processes can’t provide the information you need to ensure profitability in a timely, secure manner. Banks looking to expand revenue streams in crypto and digital assets require a platform to remain relevant.

Infovity delivers banking-specific, pre-packaged solutions using Oracle EPM, ERP, and Planning and Budgeting Cloud. Even budgeting and forecasting is exciting when you can obtain:

  • Net revenue from a wide range of sources, including payments, lending and funding, and facilitate the expansion of proprietary exchange networks, enabling high-growth, high-quality revenue streams
  • Net expenses including interest paid on deposits, CDs, and short-term borrowing
  • Operational costs such as branch overhead and salaries
  • Net interest margins to validate the return on investing your funds in comparison to its expenses on the same investments

A Sample View of One of Our Modeling Dashboards

Customer Story:

  • Infovity Increases Efficiency and Improves Reporting for Credit Union in Just 10-Weeks
  • Oracle EPM and Integration Strategy with Industry Solutions, like Jack Henry

Learn how Infovity experts quickly created a single integrated and automated platform for this Credit Union Customer.

Integration with Leading Banking Platforms Maximizes Your Existing Investments

Infovity Oracle EPM, ERP, and Planning and Budgeting Cloud solutions integrate with Jack Henry, Fiserv, and other popular platforms. They offer more than seven different loan scenarios, various CD modeling, and pre-built templates for comparing balance sheets, actuals, and measuring profitability.
Infovity value-adds include:

  • Significant reduction in annual planning cycle time
  • Improved accuracy of interest income, interest expense, and overall confidence in the income statement and balance sheet plans
  • Streamlined preparation of non-interest income and non-interest expense budgets across branches
  • Integrated management reporting process for visibility on actual versus budget versus forecast variance
  • Ability to budget purchased funds and sold funds accurately to measure branch, portfolio, and product profitability
  • Rapid implementation with “Go Live” in weeks

Modernize your business with Oracle EPM, ERP and Planning, and Budgeting Cloud

Mechanics Bank

Learn More About What We Can Do

Cloud Implementation Services
Infovity Managed Services
Cloud Integration Services
EBS to Oracle Cloud