Business Process Reengineering for the Commissions Process
- Tags:
- Banking,
- Sales,
- Operational Planning,
- It Operations,
- Infosys Technologies Ltd.,
- Financial Services,
- Commission,
- Business Process Reengineering (BPR),
- Business Process,
- Business Operations,
- ...
- Source:
- Infosys Technologies
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Overview: An Australian corporation, which is among the top ten banking institutions and top five general insurers, has one of the highest cross-sell rates in the financial sector. The company wanted to reengineer its business processes in order to improve the efficiency of the commission systems. Infosys helped the client to eliminate leakages, revamp operations, and enjoy both short-term and long-term benefits. This led to the identification of the most suitable solution based on a list of quantifiable criteria (cost, project risk/ease of implementation timelines, functionality fit) and a complex evaluation process.
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