From Overload to Efficiency: Savvycom’s Strategic Impact on Banktech’s Growth

Banktech, a trailblazer in the fintech industry, has built an impressive legacy as a leading provider of specialized payment and technology solutions. Renowned for its innovative products, Banktech serves a diverse range of industries and has a strong foothold across Australia and beyond. With a reputation for excellence and a portfolio that includes some of the most advanced payment systems on the market, Banktech has become synonymous with reliability and cutting-edge technology.

As their influence expanded globally, managing the growing complexities of in-house resources and project timelines management became increasingly challenging. Recognizing the need for a strategic partner to navigate these challenges, Banktech turned to Savvycom to help drive their continued growth and maintain their competitive edge. With over 15 years of expertise in digital transformation and a reputation for delivering cutting-edge, value-driven tech solutions, Savvycom was uniquely positioned to elevate Banktech’s operational efficiency and accelerate their project outcomes.

Resource Overload

The increasing demand for new products led to an overwhelming workload for the in-house development team, causing delays in project timelines and a strain on resources.

Lack of Project Management Standards

The absence of standardized project management practices resulted in inefficiencies, high costs, and difficulties in meeting customer expectations.

Product Release Delays

Without a structured workflow, product development cycles were prolonged, impacting the company’s ability to bring new solutions to market promptly.

Customer Engagement Challenges

The lack of a streamlined process led to increased costs, particularly when attempting to expedite project timelines to meet client demands.

Savvycom was initially engaged to provide a team of developers to assist with various tasks. Recognizing the quality of their work, Banktech’s Tech Lead quickly placed trust in Savvycom’s capabilities. As the project evolved, Savvycom identified the need for a more comprehensive approach to address Banktech’s challenges effectively.

Introducing a Senior-Level Business Analyst

To alleviate the resource overload and enhance workflow efficiency, Savvycom recommended integrating a Business Analyst (BA) with years of experience into the project. Recognizing Savvycom’s staff augmentation expertise, Banktech trusted their advice and brought in a Savvycom BA to streamline processes and accelerate project timelines.

Enhancing Collaboration with Expertise

Savvycom’s junior to medium level developers fostered a close working relationship with Banktech, ensuring that their tailored solutions were closely aligned with the client’s needs. This approach resulted in high-quality deliverables that met and exceeded expectations.

Enhancing Collaboration

By fostering a close working relationship with Banktech, Savvycom ensured that the solutions provided were closely aligned with the client’s needs, resulting in high-quality deliverables.

Savvycom’s partnership with Banktech didn’t just speed up project timelines and elevate product quality – it forged a lasting and impactful collaboration. This case study is a testament to Savvycom’s commitment to crafting tailored, high-impact solutions that propel clients to success. Beyond Banktech, our expertise in the BFSI sector has been proven time and again, with successes in empowering Cambodia Banking and Shinseung Tax Firm. By harnessing Savvycom’s innovative approach, Banktech overcame operational challenges, launching a product that resonated strongly in the Australian market and set the stage for ongoing growth and innovation.