SAP for Banking vs. TurnKey Lender

SAP [needs] a UI upgrade soon - it is getting difficult to operate, especially when huge transactions are involved. SAP's mobile application however gives easy access to data and we can address and search it when needed. This also helps to provide appropriate information to customers and I can update the transaction details on the go.

Incentivized

• Multi Deposit Management
• Credit & Loan Management
• Access Live Data

Incentivized

• The think and thin ledger handling
• Regulatory compliance need

Incentivized

Direct banking-related software is not used but within [the] company, SAP is being used to interface with the Banking system.

Incentivized

• Robust solution, highly integrated, data protection, immense cyber security as positive.
• Highly complex to implement, the need [for] high knowledgeable consultants are negative impacts.
• Expensive for SME banks.
• High implementation costs.

Incentivized