Chicago, IL, October 25, 2024 — CrossVue, a leading boutique consulting firm that seamlessly integrates technology, operational efficiencies, organizational transformation, and data analytics, proudly announces the launch of BankVue, an industry accelerator designed to help banks and credit unions enhance financial reporting and compliance processes with Workday Financial Management, Workday Accounting Center, and more solutions on the Workday platform.
BankVue is built to support both large and small financial institutions to accelerate their digital transformations with the Workday platform. With BankVue, larger institutions can tackle pain points such as risk and compliance, automation, audits, and ERP strategy replacement. Meanwhile, smaller institutions can address issues related to cost concerns, manual close processes, and on-premises systems. These solutions are made possible by leveraging industry-specific configurations across similar institutions, packaging them up, and providing a starting point for all CrossVue’s banking and credit union customers that CrossVue serves as a Workday deployment partner.
“Our clients are looking for solutions that not only address their immediate pain points but also provide long-term value,” said Adam Scheidler, VP of Financial Services at CrossVue. “BankVue delivers on this promise by reducing deployment costs, accelerating time to value, and offering pre-packaged dashboards and reports tailored specifically for what our banking and credit union customers need on day one of their Workday journeys.”
Key benefits of BankVue include:
- Seamless Financial Integration: Enhance financial clarity with comprehensive Core Banking and Investment General Ledger and transaction-level reporting through Workday’s Accounting Center.
- Precision Regulatory Reporting: Empower compliance with detailed instrument-level reporting, meeting Call Reporting and other stringent regulatory requirements seamlessly.
- Financial Integrity: Streamline accuracy with robust Transaction to General Ledger Audit and Reconciliation.
- Accelerated Financial Consolidation: Improve financial close and consolidation processes, optimizing time and resource management.
- Strategic Decision-Making: Drive strategic decisions with advanced insights into Product Profitability, Branch Performance, Net Interest Income Analysis, and other critical operational reporting and analytics.
The BankVue industry accelerator marks a significant milestone in CrossVue’s mission to deliver cutting-edge solutions tailored to the needs of its clients. CrossVue will continue to set new standards in financial reporting and compliance, empowering banks and credit unions to navigate the complexities of the financial landscape with confidence and ease. Customers can learn more about BankVue via the CrossVue website or on Workday Marketplace.
CrossVue, a leading boutique consulting firm, connects the dots between technology, transformation, operations, and data analytics. Our team combines innovation with deep technical and industry expertise to solve complex business challenges. Leveraging our mastery of the Workday platform, we go beyond providing insights – we transform how enterprises view their operations. From human capital to financials, we deliver unparalleled transparency, empowering leaders with a clear, comprehensive view of their organization. Discover how we’re reshaping the future of business intelligence and how you can see clear across your enterprise at crossvue.com.
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If you would like further information, please reach out to contact@crossvue.com.
