The snapshot
1
ActivoBank sought to streamline its data analysis for better decision-making.
2
Dispersed KPIs across various reports hindered a clear performance overview.
3
Devoteam’s Power Management Cockpit® centralised ActivoBank’s KPIs, improving efficiency and decision-making.
About ActivoBank
ActivoBank, founded in 1994, is a Portuguese bank known for its innovative approach to customer service. They prioritise simplicity and transparency in their customer relationships and continually invest in technology to enhance those relationships.
The Challenge
ActivoBank’s managers needed a more efficient way to analyse data and make decisions. Their key performance indicators (KPIs) were scattered across multiple reports, hindering their ability to get a clear overview of the bank’s performance. They needed a centralised platform to monitor these KPIs and facilitate data-driven decision-making.
The Goal
ActivoBank aimed to streamline its decision-making process by consolidating its essential KPIs onto a single, user-friendly platform. This would enable managers to quickly access critical information, analyse trends, and make informed decisions to improve the bank’s performance.
The Solution
Devoteam’s implemented its Power Management Cockpit® (PMC) solution to address ActivoBank’s needs. This innovative tool aggregates data from various sources and presents it in a clear, interactive dashboard.
Why PMC?
- Centralised platform: PMC provides a single source of truth for ActivoBank’s key performance indicators.
- Data visualisation: The solution presents data in an easily digestible format, enabling quick analysis and understanding of complex information.
- Real-time insights: PMC offers real-time data updates, empowering managers to make timely decisions based on the latest information.
Implementation:
Devoteam worked closely with ActivoBank’s team to tailor the PMC solution to their specific requirements. This involved identifying the most critical KPIs, integrating data from various sources, and designing an intuitive dashboard that met the bank’s needs. The implementation process was completed in just four months.
The Methodology
Devoteam followed a collaborative and agile methodology for the implementation. They worked closely with ActivoBank’s team throughout the process, ensuring the solution aligned with their needs and expectations. This involved regular communication, feedback sessions, and iterative development to ensure a successful outcome.
The Result
The implementation of the Power Management Cockpit® has significantly improved ActivoBank’s decision-making process.
- Quantifiable results: The bank now monitors nearly 400 KPIs through the platform, providing a comprehensive overview of its performance.
- Increased efficiency: Managers can access critical data in real time, enabling them to quickly identify trends and react to changes in the market.
- Improved decision-making: The data-driven insights provided by the platform have led to more informed and effective decision-making.
The Power Management Cockpit® has transformed how ActivoBank monitors its performance and makes decisions. By providing a centralised, user-friendly platform for accessing and analysing key data, the solution has empowered the bank to optimise its operations and achieve its business objectives.
The better change
400 KPIs monitored in a single platform.
Real-time data access for managers; increased efficiency.
Improved decision-making through data-driven insights.
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