Proven Software Development For The Highly Regulated Financial Services And FinTech Industries!

— Overview, Process & Tips —

Creating custom software that provides an intuitive experience for financial services companies, their employees, and their customers is crucial to staying competitive. That is why Intertech’s experienced teams work in universal best practices on both the client-side and server-side, whether you are based in the cloud or not. In addition, our senior consultants ensure that every modernization made and each new solution introduced uses your data to benefit your business in more ways than you could have imagined — from modeling proprietary data to automating repetitive tasks that eliminate manual errors.

From decisions in the boardroom based on your proprietary data to complex automation that can identify hidden issues and speed up processes for customers and employees, this is the future that Intertech brings to you.

NOTE: You Can Automate Just About Anything Repetitive In Nature.

Almost any area that is repetitive can be automated. These areas can fall under clerical tasks, customer management & service, global processing, loan approvals based on past data, and just about anything you can think of that is repetitive or based on previous industry experience. For example, consider any area within your department or across the company that is high-volume, may have to follow compliance laws, is time-sensitive, and generates recurring data that is currently in a form that is collected but not utilized. There is no other improvement you can make that impacts profit and productivity like business process automation.

Ask These Questions To Determine Where Custom Software Fits Into Your Business.

• Do you currently have a set of tasks that follow specific rules? Most repetitive tasks are based on a set of rules. These rules allow the software to take over and increase efficiency while providing consistent data to improve the process.

• Does the task have anticipated inputs and outputs? Even if the input and output have multiple options, it is still redundant. It can be designed to react specifically to each condition, eliminating time to respond and providing a seamless transition forward.

• Does the task have multiple repetitive steps? As an example, collecting and evaluating content accuracy and identifying areas for adjustment that impact the bottom line can be laborious. By automating steps to react to specific responses, the data can be collected, evaluated, and calculated in a split second while instantaneously being added to your proprietary data center, to be used for analysis and machine learning later. There is no limit to what process automation can do for you.

STEP 2: Ask Yourself If The Benefits Are Worth The Investment Before Proceeding.

When it comes time to invest in a new application, the software feasibility study is crucial in understanding what you need. Before making a decision, it is essential to understand the current situation, pinpoint the pain points, and work with an experienced technical team to determine the various available technologies that should be considered. Rule #1: If a prepackaged solution (SaaS) does what you need, it should be considered. However, any Software-as-a-Service will begin to dictate the decisions you make when implementing other software systems, hamstringing you to options that may not be the best solution. And in the end, software that appeared cost-effective will require time-consuming process changes and additional services to do what you require.

Automation Is The Secret To Longevity In The Financial Industry.

• The most significant benefit of automation is the increase in productivity. Correctly implemented custom software does exactly what you need it to do, does not require breaks, does not make mistakes, hits your deadlines, and impacts your bottom line with an ROI that is worth celebrating 24-hours a day.

• Cost reduction is an essential benefit of automation. Time-related to tasks is reduced. Moreover, personal expenses related to repetitive work are eliminated, allowing for more satisfying work done by the existing workforce.

• As business changes, the software adjusts. This elasticity does not fight change. Well-developed software provides output immediately and links your entire company together so the benefits discovered by one department can be realized by another.

RESULT: Enhanced Employee Job Satisfaction.

The enhancements that software specific to an industry introduce have proven to impact retention, workplace happiness, and in the end, customer satisfaction. Automated business processes result in more accurate data and become the backbone of longevity in any industry, but when introduced into the Financial Services industry, the effects are far-reaching, impacting the bottom line of all involved through cost-cutting and unexpected efficiencies that result in better customer care, higher customer satisfaction, and greater employee productivity.