OpCon ROI

NickWilcox
Senior Applications System Analyst at Frandsen Financial
When you take the human element out of it, someone is not interrupted nor are they delayed. They are not hung up on another thing that they are already working on. That's the nice thing about OpCon. We have the time to react to things and are not holding things up. So, if you add up those 10 minutes 15 times a day for our processes, that's quite a bit, especially for the repetitive stuff. It's easy to automate it, then it just does what you need it to do. It just runs. This has overall reduced our data processing times in our environment by approximately 50 percent. The nice thing is we can spread work out. If you need to have employees onsite for the ACH processing, someone has to come in early, then probably stay a bit late on that end of the shift. Now, we're spreading it out. With the ACH, if you're doing it with just an employee, then you're only doing it during working hours. Now, we can run things over a 24-hour span, spreading it out. View full review »
TobyFinnegan
Director of IT at Frontwave Credit Union
It has reduced data processing time for some processes in the upwards of 50 percent. This is because the amount of time it takes someone to go in and type something or copy/move something over has exponentially increased. It's faster when the system is doing it because you don't have to wait for user input, so it's not necessarily that the overall process has gotten faster because searching for things or making documents still takes time. It's just the system, when it's through an automated scheduler, can go a lot faster because it can do all these things faster, not necessarily because the process itself has improved. There is definitely time savings. If we're talking about posting a particular file, then that will definitely be done in the system a lot faster because there is no user input. As soon as the next is available, it is off to the next process. Whereas, if your user were doing it, there's evaluation, checking to make sure it worked right, and looking at some of the output. All this can be evaluated by the system very quickly, so it definitely has increased the time. I can think of one example where a morning process, back when we did a lot of it by hand, probably took anywhere from 30 to 40 minutes. Now, we're talking about 10 minutes flat. The cost of ownership for what we have now means that I don't have to have another full body. What I pay for this software is at least one-third of what I would pay for a full body. That's a direct cost savings. Before the solution was fully flushed out, we had someone here until well after closing and at the end of every month when we have special processing. So, there is someone always processing at the end of the month. It was a drag on both staff and personnel because anyone who did processing during end of the month or during those off times would not be here during the week at certain times or come in later. Therefore, the scheduling was sort of off. The morning process is still one where we have some additional things required of them, but the evening is totally lights out. Once we close business for the day, it's about an hour, then the staff member goes home and nobody is here. The system takes care of the rest. We've definitely seen that return, as we don't have to have that dedicated person in the evening. View full review »
reviewer1240275
Administrator, Core Application Services at a financial services firm with 201-500 employees
We've definitely seen return on our investment by going with SMA. When we went live with KeyStone back in October of 2017, all of our batch production was automated. In fact, we had to convince Corelation, our core vendor, to let us turn it on. They wanted us to run things manually and I said, "No. We're ready. Let's turn this on and let it do what it's supposed to do." These are ballpark figures and the ones for Automic are pretty old. Back in UC4, we converted to version 8 in 2012, and that cost us on the order of $50,000 to upgrade. OpCon cost us $80,000 in 2017 money, and that included everything: support, installation, onsite assistance during the conversion, etc. It's been a worthwhile investment by far. I don't recall how much our yearly maintenance is, but it is worth the money because, when it comes time to do an upgrade, we can do it ourselves and they'll support it. We don't have to pay anything extra for it. And training is included. If I want to send some of my team members to go to training, I just have to pay for travel and expenses. So the cost of ownership has been very worthwhile. The only additional cost with SMA would be if we need additional licenses for agents. They provide 10 licenses with the standard installation. We're using seven of them. We have three left to use. After that, we'll need to buy additional licenses for agents. We haven't gotten there yet. View full review »
Learn what your peers think about OpCon. Get advice and tips from experienced pros sharing their opinions. Updated: April 2020.
420,458 professionals have used our research since 2012.
MartinTargett
Director of Production Control and Operations at NYSDOT
It's too early to tell about ROI. View full review »
ArturoRivera
IT Manager Business Solutions Delivery at CBC Federal Credit Union
We have definitely seen a return on investment. The big return on investment was the fact that we lost three OpCon people from our staff and nobody even knew that we had. We went on without skipping a beat. We literally had the worst-case scenario that can happen to an IT staff and we came out smelling like a rose. Everything ran and we were able to continue with a small staff and we did not have to worry about our batch automation. View full review »
reviewer1292079
Operations Analyst - Primary OpCon at a financial services firm with 10,001+ employees
It has freed up hours for our five operators working on 35 systems doing the monitoring. They don't have to monitor what's going on anymore. They just have to watch their jobs, then react to those. We are not committing errors all the time, and that's huge. When you miss reports every month, customers get mad after awhile. There is a lot of stress on us from the customers knowing that every day they need to get their requests which shouldn't need follow up. That type of perfection from OpCon is less aggravation for everybody. We are not wasting our time running jobs again because it wasn't right the first time. If customers are going to leave, it won't be because of this solution. It will be because of other reasons, and that is big. View full review »
reviewer1242813
Vice President of Information Technology at a financial services firm with 201-500 employees
The solution has reduced data processing times in two ways: * With the mortgage servicing example, that was a large project. It accomplishes the work in a much shorter amount of time. Nobody has to waste their time waiting between cycles and tasks. Essentially, it cuts down drastically on how long the process takes. * In the case of one of the more recent smaller examples, it does its job in something close to minutes, even possibly under a minute. Whereas, if a person had to go to their workstation, sit down, login, and transfer the file, then rename it, it would take them perhaps five minutes or more. On a percentage basis, that is a huge time savings. Offhand I would say it's at least a 75 percent time savings. We have not done a formal ROI. However, looking at our licensing costs on an annual basis and showing how that saves in terms of staff time/efficiency and getting tasks done after hours (365 days a year), we do see return on our investment. View full review »
reviewer1250583
Senior Core Systems Specialist at a financial services firm with 201-500 employees
We have absolutely seen ROI. It has allowed more time for our staff to work on projects which affect the organization on a greater level than just daily processing. This has allowed us to expand our base. It has really helped out with that. As far as data processing in the manual entry, we are saving overall two hours a day. This would be instead of manually going eight hours. Therefore, it has saved about 25 percent of data processing time. View full review »
reviewer1247148
System Administrator at a financial services firm with 51-200 employees
We have absolutely seen ROI in terms of having our update process automated. That was costing our IT department quite a bit of overtime, because employees were working their normal schedules and then they would have to be responsible for the nightly update process. They would be on a rotation of course, but overall, the overtime expenses have gone down as a result of installing OpCon. And the processes that we no longer have to focus on, on a daily basis, allow our employees to be more efficient in doing other things. View full review »
reviewer1241877
System Analyst at a financial services firm with 51-200 employees
Manual processing has been automated 99 percent by OpCon. With new processes, we give it at least two weeks manual so we can write down the details of how to do the steps, then we automate it. Within a month, it has been automated, then it's no longer a manual process. It has freed up my time. I don't have to stay late at night. We don't need a nighttime operator, which is one of the biggest things, at least for me. Some places I know, they need to have other employees besides the two basic ones during the day do operations. Now, we don't need an extra person for that. It has freed up our time for other things. We get to program a little more. View full review »
reviewer1240278
Systems Developer at a financial services firm with 51-200 employees
We have seen ROI. We are becoming an automation forward organization instead of just a financial institution that does everything manually. We have been able to move so much reporting from paper. We are digital because of OpCon. We don't have people manually doing processing anymore. The fact that I can do five minutes to three hours of work in 30 seconds is a significant improvement. View full review »
reviewer1246431
Manager at a financial services firm with 1,001-5,000 employees
It's going to reduce the time that data processing takes, certainly. We're also going to see a quality improvement, meaning fewer human errors. I expect we'll see a meaningful difference in another year or so. View full review »
MarkRoshier
OpCon/xps Support at Nationwide Building Society
We've seen a tenfold return on investment. The relationship we have with SMA now is absolutely fantastic. They don't just do batch scheduling. They've come in and offered other services. We're processing the batch a lot quicker, so our services to members are not down. The money is available and in people's accounts a lot quicker than it used to be. It gives us 100 percent availability. It doesn't fail; we've never had a problem with it. View full review »
Jean-MarieLEBORGNE
Engineer at CONSEIL DÃPARTEMENTAL 83
As a regional organization, we don't keep track of ROI. View full review »
reviewer1254588
Computer Operations Manager at a financial services firm with 501-1,000 employees
We have definitely seen a return on our investment with OpCon. As I mentioned, we have doubled our client base without needing to increase our workforce. We are able to take on additional projects. Our operators are not just running batch jobs, they're monitoring batch jobs and it has allowed us to use them as resources for other things. They have been happy to be assigned to other projects, and they also like to learn more about OpCon. They enjoy building the jobs and doing the automation. View full review »
PhilippeLLORET
Manager Applications Operation Group at Groupama Supports et Services
We have seen ROI. In the first year, we paid less than the previous solution and, with OpCon, we have reduced the number of incidents and we have an improved quality of service for our customers. There is also less cost for our teams to analyze and deal with program scheduling. We haven't needed more people to explore the solution. We can have fewer people and do other things. We can invest in projects and not just in running activities. View full review »
reviewer1243401
IS Operations Manager at a financial services firm with 201-500 employees
The fact that we were able to eliminate a staff member entirely from the area and move him to another area has definitely paid dividends in terms of what we pay for OpCon today. View full review »
ElizabethTinajero
IT Operations Systems Analyst Lead at Credit Human Federal Credit Union
We reached our return on investment from the first year that we purchased the initial product, simply because of the number of man-hours saved. We were paying $200,000 in personnel costs to sustain our operations environment. We removed that from our budget as far as salary is concerned, from the operations area, because we didn't need as many personnel to run operations on once we implemented the product. We ended up adding new roles to take on new initiatives and we were able to expand our IT area into other things. View full review »
RonBroaddus
Systems Director at a financial services firm with 51-200 employees
It has reduced our processing times. View full review »
MikeAbbe
Manager of Remote Services at Dow Chemical Employees Credit Union
We have absolutely seen ROI. I don't have any way to measure it, but it's probably the most critical system to our organization, after Active Directory and email. View full review »
CarynWright
Senior Analyst at iQ Credit Union
We have seen ROI in terms of people being able to work more efficiently, which helps with the cost of employees. View full review »
ScottPortwood
AVP Operations at Dickinson Financial Corp.
* We are running with less full-time employees. * The daily processes are running smoothly. We don't find a lot of issues, so we have more time to devote to other tasks other than just keeping the system going. View full review »
AaronWright
Core Operations Analyst at a financial services firm with 201-500 employees
The solution has very much freed up employees to do more meaningful work as a result of automation. It is really matter of having boots on the ground to keep working to automate more than that roughly 60 percent. Our department is relatively small. I would probably say five employee have been freed up. The solution has reduced data processing times. View full review »
Nicolas VERNOUX
EMEA Datacenter & Network Operations Manager at a wholesaler/distributor with 1,001-5,000 employees
Our ROI is that it has saved about 10 percent of one FTE. View full review »
reviewer1244556
Senior System Automation Analyst at a financial services firm with 501-1,000 employees
We have definitely seen a return on our investment by going with OpCon. With all of the automated processes, we eliminated two positions. We also have an initiative where we're going into other departments in the credit union and finding processes that they're doing manually which we're able to automate. Using OpCon helps reduce the time our staff works on manual processes and, instead, they can spend time working on things that directly affect our members. View full review »
reviewer1253301
AVP IT Operations at a financial services firm with 501-1,000 employees
We have absolutely seen return on our investment with OpCon. We've eliminated the FTEs. We have increased the speed at which our automations run, so we're in nightly processing for a shorter period of time. We've been able to run more fraud tests and to run control reports on the nightly run than we would be able to run manually, so that we can identify problem areas or fraud and address them immediately. We use it for all sorts of things. View full review »
reviewer1263174
National Monitoring, Capacity and Availability at a government with 10,001+ employees
We have seen a return on investment from OpCon. View full review »
Learn what your peers think about OpCon. Get advice and tips from experienced pros sharing their opinions. Updated: April 2020.
420,458 professionals have used our research since 2012.