Case Studies – The Alacer Group

Results

The New Work Force: Appealing to Gen-X Employees

New hires were dropping out of an insurance sales program at very high cost. Alacer cut attrition and boosted sales.

Building a Smarter Collections Decision Engine

New collections engine helped mitigate $40 million in losses, saved $4 million in expenses

Snap and Store: Faster Records Imaging and Retrieval

New records imaging system increases throughput and allows instant record retrieval

Fast Food, Fast Payments via Mobile Phone

Fast food customers now access loyalty programs, gift cards and make payments using mobile phones at national chain

Automated Options Trading: Big Data for Big Hedges

Big data solution yields 30% on managed funds

Meeting AML/CTF and FATCA Compliance with Velocity

After a diligent search and selection process, the bank chose Alacer’s Velocity FinCrime suite for meeting all criteria with the best overall cost of ownership.

General Ledger Reconciliation Process Streamlined

Restructuring and automation improved quality, speed and efficiency.

Alacer Re-Engineers Process to Remediate Monitor Findings

Identifying roles and responsibilities helped resolve monitor findings.

Alacer Helps Top-Tier Finance Function Remediate Reconciliation Audit Point

Errors from reconciliations totalled several million dollars.