Challenge

With a history dating back to 1896, Wawanesa is no stranger to transformation. Over the past five years, Wawanesa found itself on another transformational journey to replace their legacy system. They needed a more efficient and compliant way to manage their broker compensation plans.

Case Study Snapshot

Solutions: Incentives  

• Improve collaboration across multiple departments
• Increase efficiency with a customizable solution
• Reduce risk by ensuring compliance

Solution

Varicent Incentives removes friction from the compensation process, accelerates the ability to make plan changes and adopt new strategies, and enables new insights to outdo previous performance.

Results

Varicent Incentives helped Zions Bancorporation maintain compliance and enhance their internal structures and forecasting through easy-to-understand reports, while streamlining communications for various stakeholders. The team at Zions Bancorporation has created their own set of workflows given the unique structure and demands of their industry.

• Improve collaboration across multiple departments
• Increase efficiency with a customizable solution
• Reduce risk by ensuring compliance

About

Zions Bancorporation is a bank holding company headquartered in Salt Lake City, Utah. It is one of the nation's premier financial services companies. The company is a national leader in small business administration lending and public finance advisory services.

Related Case Studies