Pitney
Bowes Business Insight (PBBI), the leading global provider of
location and communication intelligence solutions, today unveiled
PERFORM.360™, an integrated portfolio of applications that blends branch
network design, performance analytics and sales management tools to help
financial services institutions maximize market coverage, visualize
opportunities and optimize sales resource deployment. PBBI will
demonstrate PERFORM.360 at booth #1028 during the BAI
Retail Delivery Conference, taking place in Boston on November 3-5,
2009.
"Like many financial institutions, we rely on predictive analytic tools
to give us an advantage over our competition,” said Kate Stackhouse, SVP
and Director of Sales Integration at First Citizens Bank. "We are
particularly excited about Pitney Bowes Business Insight’s PERFORM.360
because it was designed to empower banks like us to better understand
and provide service to our customers and prospects, to be more agile in
responding to market changes, and ultimately, to improve our branch
sales performance—the end goal of all banks.”
Based on elite benchmarking, analysis and delivery optimization
capabilities, Pitney Bowes Business Insight gives financial institutions
the tools to enhance customer interactions across multiple channels to
them help acquire, develop, service and retain their best customers.
At the branch level, for example, financial institutions need to make
branches conveniently accessible to customers, understand customer
needs, and appropriately staff branch locations to best serve their
customers. PERFORM.360 determines the true market potential of each
location and advises banks on how to set more accurate, attainable
goals. Using PBBI insight, banks can repeatedly recreate successful
business with optimum branch staffing, locations and services.
By tailoring the PERFORM.360 toolset to its specific needs, each
institution can make a variety of intelligent decisions about growth,
retraction or re-investment in its branch network and services.
Sophisticated reporting capabilities allow management teams to easily
identify best to worst performing branches. Financial services
institutions can easily access PERFORM.360 via a web-enabled portal. Its
components include:
-
Local Knowledge—Provides a complete view of each
branch’s customer base, trade area characteristics, competition and
performance metrics. This module drives sales by significantly
improving banks’ understanding of the unique opportunities and
competitive environment around each branch.
-
Network Analysis—Provides easy access to hundreds of
branch and trade area characteristics through standard and customer
reporting and graphing tools.
-
Sales Assessment and Goal Setting—Establishes objectives
that are specific, measurable and attainable—driven by
PBBI's extensive understanding of consumer behavior.
"Financial institutions face a specific set of opportunities and unique
environmental challenges at each branch,” said Bill Simmons, Director of
the Financial Services Practice for the Pitney Bowes Business Insight
Strategy & Analytics Portfolio. "To help focus branch management
attention on accurate performance goals, we designed PERFORM.360 based
on years of experience in benchmarking performance across thousands of
branches and analyzing millions of customer account behaviors. Financial
services industry analysts can maximize branch performance by
determining potential, allocating appropriate resource levels and goals,
ranking performance on key metrics and empowering sales staff with
pertinent market information.”
Pitney Bowes Business Insight’s PERFORM.360 is available immediately.
Pricing is contingent on the scope of custom predictive analytic
services required. For more information, please visit: http://go.pbinsight.com/NPM.
Read the company’s Strategy & Analytics blog here: http://analytics.pbbiblogs.com/.
About Pitney Bowes Business Insight
Pitney Bowes Business Insight (PBBI), a division of Pitney Bowes
Software Inc., provides a unique combination of location and
communication intelligence software, data and services that enable
organizations to make more informed decisions about customers,
competition and market expansion. Pitney Bowes Software is a
wholly-owned subsidiary of Pitney Bowes Inc. (NYSE – PBI). With the
industry’s most comprehensive set of solutions for maximizing the value
of customer data, PBBI provides the tools required to more effectively
locate, connect and communicate with customers in today’s global
markets. Leading organizations rely on PBBI solutions to increase the
accuracy and effectiveness of customer information delivery and drive
profitable growth. Visit www.pbbusinessinsight.com
and www.pb.com
for more information.
Of Note
This press release contains forward-looking statements involving risks
and uncertainties. Any statement not a statement of historical fact is a
forward-looking statement, including without limitation statements
concerning demand for and benefits of Pitney Bowes Business Insight
products and integration of its products with existing solutions. Actual
results could differ materially from those stated or implied in
forward-looking statements due to a number of factors, including those
factors contained in the Pitney Bowes Inc. 10-k statements filed with
the Securities and Exchange Commission under the heading "Risk Factors.”
Pitney Bowes Business Insight takes no responsibility to update any
forward-looking statements.