Learn more about the key challenges in cost-effectively managing incentive compensation plans in banking. Then discover how you can optimize the ROI of your incentive compensation plans: http://ibm.co/aiteautomation. IBM Incentive Compensation Management helps banks meet top industry challenges. Explore the IBM Sales Performance Management solution that improves sales results and operational efficiencies: http://ibm.co/spm
Banking with IBM Incentive Compensation Management
1. Banking with IBM Incentive
Compensation Management
Optimize the ROI of your incentive compensation plans
2. Banks face key challenges in cost-effectively
managing incentive compensation plans:
Multiple variables lead to costly errors and
complicate plan deployment.
Shadow accounting systems can be a drain on
workforce time and productivity.
Regulatory compliance requires ever-increasing
levels of detail and reporting demands.
3. The numbers — in ROI statements from 3 leading
banks who have deployed IBM Incentive Compensation
Management — speak for themselves:
IBM Incentive Compensation Management
helps banks meet these challenges.
“33% less time is taken
to build any given plan.”
4. The numbers — in ROI statements from 3 leading
banks who have deployed IBM Incentive Compensation
Management — speak for themselves:
IBM Incentive Compensation Management
helps banks meet these challenges.
“90% reduction
in error rates.”
5. The numbers — in ROI statements from 3 leading
banks who have deployed IBM Incentive Compensation
Management — speak for themselves:
IBM Incentive Compensation Management
helps banks meet these challenges.
“My department now builds plans with in-house
nontechnical staff, who cost about $55,000 a
year, compared to external developers who cost
$80,000 a year.”
6. IBM Incentive Compensation Management
offers banks:
Flexible plan design,
to meet your unique
business needs.
7. IBM Incentive Compensation Management
offers banks:
Compensation
administration, with
a calculation engine
to more efficiently
manage payroll.
8. IBM Incentive Compensation Management
offers banks:
Advanced reporting
and analytics to help
you better evaluate plan
objectives and results,
forecast cash flow
and identify impacts
on earnings.
9. Start reducing costs, avoiding
unnecessary planning and lowering error
rates. . . and realize new opportunities to
drive performance and growth.