SAP for Banking vs. Symitar

I think when we have a big company [than] managing the finance is not possible by manual or old data entry. Hence these are the solutions that make the task easier. Small scale requirements can be Managed by other means as banks might be charging the Premium from companies which may be costly for smaller companies.

Incentivized

The system is quick and easy to use for our front-line staff allowing them to serve our members extremely fast. Additional functionality n some modules would allow us to move off some third party vendors and do it within the existing system.

Incentivized

• It helps with retrieving and updating information on the server.
• I can easily retrieve information regarding credit for a customer and process information to provide [the] best solution.
• SAP also assists in compliance management.

Incentivized

• quick and easy access to member accounts.
• integrations with 3rd party vendors to enhance our member service experience.
• online, mobile banking and shared branching integration allowing us to serve our members anywhere in the world.

Incentivized

• migration is very tough and not easy to use tools, more [improvement] required in data migration tools.
• Mobile applications are not user friendly in terms if UI design.
• House banking configurations are complex for any changes and require intense knowledge for implementation.

Incentivized

• Business services modules do have everything we would like.
• Collections modules do not have everything we would like.
• A way to allow users to update their software without them having to have local administrative rights.

Incentivized

I ll recommend SAP for Banking or other accordingly to the size of the company, if you are part of a global company and you need to have access to the big picture & All your assets then this is the right tool, if you have a small company or Fintech then you can work on an open source App

Incentivized

• Harmonization in the data is reducing the reconciliation efforts
• SAP provides a better innovation visibility in the banking solutions space

Incentivized

• It has allowed us to grow from a less than 500 million dollar in asset size credit union to a 2 billion dollar is asset size credit union over the past 20 years.
• Growth is asset size achieved without sacrificing member service.
• With our focus on member service and the usage of the system, we have seen continuous growth in our membership every year.

Incentivized