SAP for Banking vs. VolPay

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

Volante has been a great partner. They listen to our needs and are always receptive and responsive in helping us come up with solutions and enhancements.

• 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

• Scale
• Customability
• Message translation

• 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

Very robust, but has a bit of a learning curve. UX could use some refreshing in some areas.

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

It's much easier to use, scales better, is more flexible, is a more complete product offering, is much easier and quicker to implement, and adds new product offerings more often than the competition

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

Incentivized

• Gain in operational efficiency
• Reduction in internal IT costs