+1 561 220 0044
+61 255 646464
+91 909 080 3080
+1 561 220 0044
+61 255 646464
+91 909 080 3080
overview
Salesforce Financial Services Cloud
As a leading Salesforce development company, we here at Techila services are estimating the best suitable options for our customers.
The general question that arrives in the mind of business owners, “What should we be thinking about?”, “What special other companies like ours are doing that we are unable to do?” and “Difference between Financial Services Cloud and Standard Salesforce?”
Financial management companies all want the same potentials, and lots of these functions are comprised of a fantastic set of Services Cloud set-up.
This implies that at the time of Salesforce financial service cloud implementation, you will spend more time on adding functionality specific to your business and less time on creating foundational elements.
Let’s have a look at some of the major foundational components:
Householding
Unified Client Profile
Business and Household Stabilization
Stable Tracking of Financial Goal
Tracking of Life Events (like Home Purchase, Birth of Child, Marriage)Intercommunication Management
Assets Under Management (AUM)
Wallet Share Evaluation
Smooth capability to Split & Merge Households (incorporating Object-Roll ups, Groups, Members)
Salesforce Financial Services Cloud carries a sleek pre-built Einstein Analytics application about which both consultants and administrators wonder. Organizations can interpret their business books efficiently and immediately define actions to boost up AUM. It seems fabulous, right?
In addition to being a data aggregator, Salesforce Financial Services Cloud helps in bringing everything into the correct setting, places the customer at the core of everything, and turns the things easily manageable for consultants to quickly take smart and active decisions.
For a lot of financial management startups, we must say, “Of course this is the right path to go”; for others, there are a few due diligence that requires to be performed before moving ahead or choosing to create an entirely new org.
There are a lot of things to keep in mind while making your mind to shift your existing financial infrastructure to Salesforce Financial Services Cloud. We are here to make you aware of all these things to consider, let’s have a look at these all:
You must check how personalized your existing Salesforce context. Salesforce Services Cloud needs Lightning, and you require switching to the Lightning phase. Check if you are willing by check the Lightning Readiness.
You must be very clear about the data migration plan. Ensure that the plan execution team thoroughly understands the household data model and the associated complications across the Account structure. It is radically distinct from regular Salesforce; be a part of its evaluation process.
Understand the complete roadmap of the Salesforce Financial Services Cloud Salesforce does good work by collecting feedback from customers and make necessary changes in the current platform as per the customer suggestions. Work along with your Salesforce Account Representative, as they can give you the most updated information.
You must identify whether your company needs are getting satisfied with less privilege to customize and fully dedicated to the Householding data model. This is the standard account-based versus relationship-based model. It is not easy to modify this data model. Salesforce describes the household model as a ‘description of a group of customers who live together and whose records are reviewed at the household level. The household is associated with the communication part of the person utilizing the Account Contact Association standard object.
You must be aware of the number of visual force pages, triggers, APEX classes, objects, JS buttons, and validation rules. Your existing Salesforce org is more complicated and needs more time to review and get into the conversion entanglements thoroughly. It possibly takes around 6-12 months if you are shifting the borders. For a few firms, creating a new Lightning org and then setting up Salesforce Financial Services Cloud is a preferred way to follow. In the long run, it will prove to be a more lucrative deal. Congratulations to the firms whose existing financial infrastructure is united with Lightning. One less phase to count.
You must be aware of the number of visual force pages, triggers, APEX classes, objects, JS buttons, and validation rules. Your existing Salesforce org is more complicated and needs more time to review and get into the conversion entanglements thoroughly. It possibly takes around 6-12 months if you are shifting the borders. For a few firms, creating a new Lightning org and then setting up Salesforce Financial Services Cloud is a preferred way to follow. In the long run, it will prove to be a more lucrative deal. Congratulations to the firms whose existing financial infrastructure is united with Lightning. One less phase to count.
GET IN TOUCH
Request A Free Consultation / Need Any Help For Business & Consulting
BEST SERVICES
What Makes Techila Your Best Salesforce Financial Services Cloud Partner
Decades Of Expertise In The Domain Of Salesforce
The Salesforce professionals here at Techila Services are the masters of each and every phase associated with the integration and implementation of Salesforce Financial Services Cloud into your business infrastructure. No matter you are a well-established organization or just a startup, we ensure you to deliver an unmatched level of service quality much beyond your expectations. Since the day we start working, we are committed to providing something that can really make sense and deliver some value to the business success to our valued clients.
On-Time Delivery
No service providers can run a long way without ensuring timely service delivery. We aim at delivering maximum satisfaction with the integration and implementation of the Salesforce Financial Services Cloud into your current financial infrastructure.
To provide comfort, making the things happen on-time is the primary need of every business to be successful and stay flourishing.
We understand the significance of time and guarantee you never to let you suffer from the discomfort of late deliveries. We understand the importance of the last date of completing a task.
Our aim is similar to yours – finish the work on a budget (and on time), and save you the burden of last moment haste. If you are looking for any expert advice, you can reach us without any hesitation; we guarantee you a fast reply to all your queries and issues.
We Know What You Need
For the last few decades, we are catering to the businesses around the globe and have gained tremendous knowledge about how to effectively integrate the Salesforce Financial Service Cloud into existing infrastructure. We not only know what you need; we are the experts with an in-depth understanding of how to satisfy all your business as well as financial needs.
If you are lacking resources or want to free up your occupied resources, you can outsource your service cloud management responsibilities to the experts here at Techila. It will save you st, time, efforts, and at the same time, relieve you from admin headaches.
Affordability
Even though we have the ability, knowledge, and skills of the Salesforce Financial Service Cloud professionals,” our services are priced significantly small. We never charge anything unfair; we only charge for what we serve.
We have a wide range of service plans that varies in cost, project duration, project length, and a lot of other factors.
We will help you choose the best-fitted service plan after having an in-depth look at your business-specific needs and the expenses that you can afford.
Certified, Experienced, And Affordable Professionals
If you are looking for experienced and certified Salesforce Financial Service Cloud professionals that can save you cost and efforts while managing the finances, records, and accounts, we as a team of experts are the best option; you can go for. Our experts are handling such projects for decades and are hugely familiar with the standards to be followed and guidelines to be kept in mind while streamlining your operational stability using the Financial Service cloud. No matter where you are located around the globe, you are just a call away from us; you can contact us for our expert assistance at any hour round the clock. We will be glad to serve our best services.
Satisfaction Assured
Directly or indirectly, we direct all our efforts on a path to deliver superior services satisfaction and out-of-the-box financial service cloud services. We neither compromise with the quality nor with the time of delivery.
You will come to know the level of satisfaction that we deliver after getting into the facts, around 70% of the whole our customer base is returning clients to whom we have served in the path or some referrals from them. We are proud to say that our customers have rated us as the most patronized and secure Salesforce Financial Service Cloud service provider.
FEATURES
Most Exciting Features Of Salesforce Financial Services Cloud
New Lightning-empowered Solutions
Our Salesforce Financial Service Cloud experts have traditionally had a disintegrated view of clients as a consequence of siloed information systems. The updated & new features give a comprehensive look of the client to serve customized and best customer experiences around the complete lifecycle of customers for industrial lines.
Commercial Banking Application
This feature in Financial Services Cloud empowers agents to get a centralized view of their customer’s financial & business reports and permits them to center on high-net-worth outlooks and smoothly associate new clients. Commercial and business bankers get an exclusive view of their accounts, records, and opportunities on their new index page. Additionally, features like Treasury Administration and Smart Business Referrals in Financial Cloud let the relationship managers have a look at the specific interest of the client in a banking service or product and redirect the referrals to the associated department, no matter its finances department or retail banking to provide omnichannel client experiences and superior satisfaction.
We understand the importance of the last date of completing a task. Our aim is similar to yours – finish the work on a budget (and on time), and save you the burden of last moment haste. If you are looking for any expert advice, you can reach us without any hesitation; we guarantee you a fast reply to all your queries and issues.
Lightning Scheduler
It allows relationship managers and customers to headache freely and smoothly book appointments that are installed in the workflow of Salesforce. Let’s understand this with an example, a sales representative can book a meeting with a prospect for a colleague, and customers can schedule a meeting with an salesforce financial services cloud insurance broker using a mobile app or website. The customer relationship administrators can also have a look at the appointment catalogs to promote a more satisfactory banking experience further.
Action Plans
It enables the experts here at Techila to cooperate over different departments in a digital and forward-looking approach. For example, a private banker can take benefit of an Action plan to smoothly onboarding a new client and automatically organize and allot assignments to colleagues across several domains.
Salesforce Surveys For Financial Services Cloud
It enables you to instantly create personalized and branded client’s surveys that can be inspected in the profile of a client and can be organized as dashboards & reports that can be shared privately as client feedback via Salesforce Financial Services Cloud. For example, a relationship supervisor can transfer a customized survey post a meeting and get benefitted from the response details to realign services to more loyal client relationships and strengthen brand loyalty.
FAQ
Frequently Asked Questions
What is Salesforce Financial Services Cloud?
Salesforce Financial Services Cloud is a platform designed for financial service providers to help them build healthy and lasting relationships with their clients. With the advanced Salesforce Lightning support, the platform helps users in keeping a track of the individual needs and preferences of their clients, track their transactions, and assess the same to provide wholesome financial services.
What is the difference between Financial Services Cloud and other wealth management tools?
Unlike most wealth management tools, Financial Services Cloud makes use of the CRM functionality of the platform and helps organizations in providing streamlines services to their clients. The platform is designed prioritizing the needs of the clients and is dedicated to building healthy client relationships. From providing basic financial services to advanced wealth management services, Financial Services Cloud is an out-and-out client-centric platform.
Is my data secure in Financial Services Cloud?
Yes, you can rest assured that all your data is secure in Financial Services Cloud. The platform provides users with layered data security and tools that help you monitor the access and usage of your database.
What is the price of Financial Services Cloud?
Salesforce Financial Services Cloud can be availed of in three editions – Professional ($150/user/month), Enterprise ($300/user/month), and Unlimited ($450/user/month), all billed annually.
OUR PROCESS
We Provide Most Exclusive
Process For Business
Listen
We connect you with our experts who try to understand your business requirements and challenges that you are facing with your current implementation by asking relevant questions
Suggest
We provide the best solution to your complex business challenges by considering what is right for the business and its customers instead of what we think is right. This is a real definition of digital transformation for us.
Implement
We believe in working together rather than for anyone because we all know together we always achieve more. Hence we act as your partners who are responsible for making you and your business successful with the implementation.
Iterate
We strive for continuous improvement instead of perfection. Hence we listen to your feedback and according to that, we focus on making improvements continuously within each milestone, sprint, and release.
