Strategic planning software for banks, credit unions, and financial institutions
Improve visibility, enhance data collection, connect your financial institution, and achieve more.
As banking regulations become increasingly complex and online banking continues to evolve, strategic planning is more essential than ever. With strategic planning software from AchieveIt, you can get an in-depth view of your initiatives and keep your teams and employees engaged.
Strategic plans for financial institutions
Financial institutions should measure their strategic progress towards key goals. Many financial institutions use common planning frameworks, like the balanced scorecard method, to measure their business from several points of view:
When analyzed alongside one another, these three perspectives give you the critical insight necessary to grow your business and understand your customers' unique needs.
The challenges of strategic planning for the banking industry
From an onslaught of mobile payment data to inconsistent project updates, strategic planning comes with a fair share of potential challenges, including:
IRREGULAR DATA COLLECTION
With constantly evolving strategies, it's crucial that you and your employees have access to the most accurate updates possible. Current data is essential for identifying where your team is on track, where you're excelling, and where you need to invest your resources and attention.
INCONSISTENT REPORTS & FORMATTING
As your teams and departments get larger, keeping track of standardized reports and formatting becomes more difficult. With consistent, business-wide formatting, your departments can share data and communicate more effectively.
DISCONNECT BETWEEN PLANS & RESULTS
An overly ambitious strategic plan can easily get out of hand and fall behind schedule. Creating actionable, reasonable strategic plans is the first step to successfully executing them and achieving your goals.
Plan more with AchieveIt
At AchieveIt, our software helps elevate your nonprofit strategic planning process. We set ourselves apart from the competition with the following features:
AchieveIt gives your business real-time updates regarding how your projects are progressing. You'll never have to search through endless emails or wait through update meetings to get the information you need. And the automated updates roll into dashboards to show you the projects your teams are currently working on, including any projects that are falling behind schedule and may need extra attention.
UNIFORM REPORTS & FORMATTING
As your business continues to grow, AchieveIt helps you keep track of your reports and updates with consistent, unified formatting. Our progress update requests are sent automatically with custom dashboards to ensure your teams are using the right updates, reports, and formatting business-wide.
Don't just take our word for it
"Achievelt is driving better results for that future vision that we’re setting out on, and the direction we want to take our health system. It’s ensuring that we get there and that we optimize the performance along the way.”
"It’s so difficult for hospitals to keep up with how they’re doing … because they’re using manual tools and processes. AchieveIt, through automating those processes and making it very easy to focus on their initiatives, ensures that those important items continue to be worked on throughout the course of a year."
Project Management Coordinator
"Aligning our organization around a common structure, being able to drive accountability, speak the same language, and measure results were the fundamental principles behind implementing the new planning framework. Ensuring the execution of these new strategies was extremely important."
VP of Strategy
LET'S GET STARTED
Take the next steps with AchieveIt
If you're ready to take the leap and actualize your business's full potential, reach out to an AchieveIt Expert today. Request a demo today to see how it works.