Ally Financial headquartered in Detroit offers online banking, via full service auto finance operations, and boasts a complementary auto-focused insurance business, a growing wealth management and brokerage platform, and a trusted corporate finance business offering capital for equity sponsors and middle-market companies.
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Xoom, a PayPal Service
Score 8.2 out of 10
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Xoom, a PayPal Service, is an online money transfer service for quickly sending money internationally.
Ally perfectly meets our needs for OKR management. My team uses it to ensure that we are making progress on our quarterly objectives and regularly check in—at minimum, once a week but often more frequently. The only misuses at my company are due to user error, notably when people incorrectly use it for task management rather than measurable goals.
Xoom is best suited to send and receive money between two people who live in different countries, not only that we can also send money to our friends, colleagues, family members directly in their bank accounts. They have a great currency exchange functionality that directly converts our received money into our local currency, and deposits it into our bank account within a few minutes. The only drawback is that not many people know about it, it needs good marketing so that more people can use this service, and from my experience, I can say it is very secure and a good competitor of Payoneer.
Visualizing the hierarchy and relationship between objectives and key results. The nesting and double alignment functionality are especially helpful, as they can't easily be expressed on, say, a simple worksheet or Confluence page.
Reminding the team to make regular check-ins. What gets measured gets done. This prevents the common pitfall of setting goals and not revisiting them until the end of a project (when it is too late).
Integration with external sources for automated check-ins. Why do this manually when it can happen behind the scenes?
The implementation was largely successful. Since this was a large shift from normal practices, we faced a few teething problems, but largely I'd say it went well.
Ally and Sigma are very different tools. However, they are both integral to my team's daily work and success. One of their common strengths is the responsiveness of their support team. I always feel that my questions are being answered in a clear and informed way. Another shared strength is the knowledge bases that these tools have built out, which is very helpful for onboarding and answering questions self-serve.
We agreed to select Xoom as the main payment method since it had more flexible options. It gives the user a full guarantee of transacting safely and when there is a conflict the customer support team acts quickly. The charges for sending and receiving money are relatively low as compared to other platforms. The mobile application has biometric login features making it difficult for unauthorized users to access confidential information.
