OpCon ROI

MT
Consultant and Contractor at NYSDOT

It's too early to tell about ROI.

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PL
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.

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RC
Systems Engineering Manager at Hapo Community Credit Union

The time required to realize the value was not immediate in a substantial way, but rather, it unfolded gradually. Upon deployment alongside our new core system, we initially concentrated on building jobs specifically tailored for the core. This focused effort resulted in a relatively small-scale usage during the early stages as our priority was bringing the new core online. However, post that phase, OpCon's usage has significantly expanded and continues to grow consistently. We are continually engaged in building new automation with it.

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Buyer's Guide
OpCon
March 2024
Learn what your peers think about OpCon. Get advice and tips from experienced pros sharing their opinions. Updated: March 2024.
767,995 professionals have used our research since 2012.
NR
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.

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EW
Sr. System Programmer at a insurance company with 1,001-5,000 employees

ROI is hard to quantify, but we have increased our productivity by about 15 to 20 percent, as an estimate.

A primary factor for us was cost. Given what it's doing for us, versus the price that we're paying for OpCon, we feel that it's extremely beneficial to us in terms of the total cost of ownership. But quantifying that is somewhat difficult.

Within two months we were realizing the advantages that we had, with OpCon, over our old product. 

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NV
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.

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EW
Sr. System Programmer at a insurance company with 1,001-5,000 employees

As of right now, the ROI is undetermined.

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TF
Director of IT at PACIFIC MARINE 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.

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MA
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.

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KB
Director of IT at Navigator Credit Union

I'm certain we've seen an ROI. I haven't run the numbers myself, but I'm sure it's probably reduced the number of full-time employees we need by at least one person.

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AR
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.

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MR
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. 

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RB
Systems Director at a financial services firm with 51-200 employees

It has reduced our processing times.

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TT
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.

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NW
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. 

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MR
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.

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MN
National Monitoring, Capacity and Availability at a government with 10,001+ employees

We have seen a return on investment from OpCon.

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JL
Engineer at CONSEIL DÃPARTEMENTAL 83

As a regional organization, we don't keep track of ROI.

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JS
Former Associate Dean of Enterprise Systems at PASCO HERNANDO STATE COLLEGE FOUNDATION INC

We have definitely seen ROI. Being a dark data center, we don't have to have nighttime staff and we can reallocate our resources. That's significant, especially when you're talking about a small organization. Our organization has 500 permanent employees and we span five campuses spread out within a 30-mile radius. Running a multi-campus facility is very expensive. Over the past 25 years I have added two employees to the MIS staff. That's it. Having SMA, which costs me $10,000 a year, means I can shut down my nighttime staff and run that dark data center. Then, the people that were doing that night work can move to day and be more productive for me and do other things and improve their skill sets as well. The return on investment is definitely there.

And I had to prove it to my finance officers, too, before we purchased it.

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JS
IT Manager at Pioneer Federal Credit Union

We've saved thousands of man-hours with automation and reduced errors significantly. It's been money well spent.

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ML
Data Center Manager at a insurance company with 1,001-5,000 employees

We've always been on our own with this scheduler, so it's helped out our department and I feel it's helped out the programmers quite a bit. It has automated a lot of things, which should help our IT as a whole, because we haven't had to have the largest staff.

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RB
Vice President of Information Technology at a financial services firm with 201-500 employees

The solution has reduced data processing times in two ways:

  1. 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. 
  2. 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.

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PN
TitleApplication Specialist II at a financial services firm with 201-500 employees

I do not have the numbers, but definitely, our ROI for having OpCon is high. To give an example, we are only two personnel on a team. We can manage the daily operations, attend to any system issues, do projects, and manage the core system ourselves.

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JD
System Analyst at a financial services firm with 51-200 employees

ROI has been great. It does keep me busy because I'm the one who manages it, but it eliminates work for a lot of others. And my goal is to automate a lot of stuff so people can spend their time thinking about how to fix the complex stuff, not remembering that they have to do the little stuff.

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SP
AVP Operations at Dickinson Financial Corp.
  1. We are running with less full-time employees. 
  2. 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.
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reviewer1661889 - PeerSpot reviewer
Works at a financial services firm with 501-1,000 employees

The ROI is hard to quantify as it is so much a part of what we do, however, it does the equivalent work of a few staff members, for much less than the cost of one person.

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CW
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.

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ET
IT Operations Systems Analyst Lead at SAN ANTONIO 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.

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DO
Data Management Services at a financial services firm with 51-200 employees

We could not work efficiently without OpCon. It eliminates the need for full-time operators.

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EL
Director of Core Application Services at a financial services firm with 51-200 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.

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LM
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.

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AW
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.

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SE
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.

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EJ
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.

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JP
AVP IT Operations at a financial services firm with 501-1,000 employees

We have absolutely seen return on 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.

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SR
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.

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GH
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.

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BH
Sr. Systems Programmer at a financial services firm with 201-500 employees

We have definitely seen return on our investment in time and efficiency and freeing up staff to provide better support to our employees and the membership that we serve.

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MB
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.

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Buyer's Guide
OpCon
March 2024
Learn what your peers think about OpCon. Get advice and tips from experienced pros sharing their opinions. Updated: March 2024.
767,995 professionals have used our research since 2012.