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  • How OpCon Automation Can Save Financial Institutions Over $375k Every Year

How OpCon Automation Can Save Financial Institutions Over $375k Every Year

Find out why waiting to implement this type of automation is no longer an option.

Read Time
4 mins
Last updated
Nov 21st, 2023
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Today’s financial institutions are facing an intense array of challenges, including demanding, ever-evolving customer expectations, persisting economic uncertainty, increasing regulatory constraints, and the pressure to keep up with the rapid pace of digital transformation.

Ultimately, the burden of addressing these challenges often falls on those in the back office—IT departments that are already operating with limited resources. While trying to find ways to do more with less, their workloads only continue to grow. Daily tasks are managed across multiple systems—many of which don’t communicate with each other—typically in hybrid environments. This is creating an unsustainable level of environment complexity. The result is staff burnout, brain drain, costly human error, and the inability to bring critical long-term business strategies to life.

With such an overwhelming status quo, the thought of taking on the implementation of an automation solution might seem out of the question.

But you simply can’t afford not to do it.

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Doing nothing is no longer an option

If your organization doesn’t embrace automation that’s designed to improve your member and customer experience, increase operational efficiency, reduce costs, and improve business continuity and regulatory compliance, you’ll quickly fall behind your competition.

Your peers are moving forward and rapidly adopting automation. If you want to keep up with them and ensure your business stays competitive, you have to embrace automation, too.

If you’re thinking that major IT projects can take months or even years to complete, you’ll be relieved to know leading automation solutions like OpCon can be up and running in a matter of weeks, which means you can start getting a return on your investment right away.

How OpCon can save you over $375k every year

For over 40 years, financial institutions—including banks, credit unions, and insurers—have been using OpCon to automate their mission-critical operations, and the ROI is undeniable.

Organizations that use OpCon to its full potential are now saving over $375,000 on average every year. *

How? They use OpCon to automate hundreds or thousands of manual tasks every day. As a result, OpCon users are:

  • Reducing or entirely eliminating costly human errors from their business-critical processes, on top of their annual savings.
  • Giving their staff time back to focus on the latest strategic initiatives, like digital transformation, that directly address member and customer demands.
  • Harmonizing communication between modern and legacy systems to optimize operational efficiency and performance.
  • Getting more work done without adding headcount, even as IT environments grow increasingly complex.
  • Equipping their organization with the technology needed to meet not only today’s business challenges but those of tomorrow, too.

Hundreds of your peers have implemented OpCon because they identified that the future of financial institutions depends on the adoption of effective automation. Ultimately, the longer you wait to implement OpCon, the more your bottom line and operational efficiency will suffer.

Every month you go without it, you miss the opportunity to contribute over $30,000 back to your business. You’ll never be able to recover those losses, and that missed operational profit is lost forever. By turning your IT team into a profit machine with OpCon, you can completely change the course of your business for the better.

What do you do if you want to implement mission-critical automation but don’t have the time, resources, or interest needed to manage it day to day? Managed Automation Services (MAS) is your answer. MAS lets you outsource the administration of OpCon automation to SMA’s automation experts—the people that know the solution’s capabilities better than anyone—so you can get all the benefits of OpCon automation without the investment of an internal resource.

Future-proof your business with OpCon automation

With OpCon, you can now clearly communicate the value of your IT team. Historically, this has been hard to do because there are few IT tools with quantifiable and qualitative value that directly contribute to business profit and loss—OpCon is one of those rare tools.

"Seeing a return on our investment with OpCon was pretty instant. The flexibility we had with the staff just within those first two weeks of having OpCon up gave us the additional time and opportunity to work on projects that had been waiting in the wings."

– Micaela Venegas, Technology Officer at Safe 1 Credit Union

Ready to join the hundreds of financial institutions that are saving over $375,000* on average every year by using OpCon to its full potential? Schedule your tour of OpCon today, and we’ll help you secure the future you want and deserve for your business.


*Based on conservative internal calculations by SMA Technologies for OpCon customers that automate at a pace of 105 seconds per task (i.e., 30 seconds to key a manual task, 60-second wait time between tasks, and 15 seconds to verify successful completion of the previous task) at a rate of $34.85 per hour (i.e., average hourly rate for a full-time employee assuming no premium pay for overtime, holidays, nights, or weekends). These calculations don’t include any expenses for errors, re-processing, or other manual operations-related items.

Curious how harnessing the power of automation with OpCon will impact your bottom line? Use our free ROI calculator to simulate the results!

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