The financial sector represents a segment of the economy consisting of entities and institutions offering financial services to both commercial and retail customers. This sector encompasses a diverse array of industries, including banks, investment companies, insurance firms, and real estate enterprises.
Use Case – HR
The Company
A well-known Indian Non-banking financial company (NBFC) is associated with a big two-wheeler automobile company, a prominent company in the automobile industry. The company is currently engaged in consumer finance businesses and commercial lending, which includes financing Two-Wheeler, Loyalty Customer Loans, Loans against property, working capital loans, machine loans among others.
- ~$500M Revenues
- 200+ Branches
- 50+ Cities
- ~10k+ Workforce
- A well-known Indian Non-banking financial company (NBFC), dealing in consumer finance businesses and commercial lending, which includes financing Two-Wheeler, Loyalty Customer Loans, Loans against property, working capital loans, machine loans among others.
- Data is in unstructured formats that requires a cleansing process
- Data architecture does not have any integration, leading to lot of manual efforts in preparing the final dataset for reporting
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ICM
A recruitment tool not only serves as a magnet for attracting talented candidates but also plays a pivotal role in influencing the all-important Net Promoter Score (NPS) for a business.
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Management Reporting
Internal reports used to run the organization, make business decisions, and monitor progress to make more accurate, data-driven decisions.
- ICM Model Covered ~100 Scenarios, ~18 divisions, ~500 HQ’s, ~10k Sales Persons and 10 Hierarchy Level
- Data Warehouse setup
- ETL Process Design
- Data Mart/ Data Model setup
- API/HTTPS Web-Service based data connector
- Query Builder Setup
- Dashboard Design
- Eliminate spreadsheets and siloed/manual processes
- Improved data quality and governance
- 4-5X Faster cycles: months weeks
- Dynamic changes and realignment
- Reduced attrition
- Reduced commission expenses and operating costs
- Reduced sales costs by 5-7%
- Aligned sales behaviors & incentives
- Revenue uplift by 3-10%
- Improved cross-functional visibility and decision-making