What are our project management services for finance & banking?

As time passes, more technology becomes available for you to take advantage of. These software solutions, if used properly, will drastically streamline your operations and provide new levels of security and convenience for your customers. This is very important for an industry such as finance & banking.

Whether it’s consolidating legacy systems into enterprise software or digitising historically paper-based processes, The Advice Stand can help you navigate these technologies. We help you determine how these tools align with your business objectives, and we ensure you are able to utilise these tools to your advantage. All this while maintaining all necessary compliance and audit obligations.

Why is project management important for finance & banking?

Project management is extremely important for the finance & banking industry. This is for various reasons, such as;

• The sensitive nature of financial data

• New online avenues for making monetary transactions emerging

• New technologies with digital IDs, signatures and the introduction of open banking

• The prominence of cryptocurrency

• The fluctuating landscape of the finance industry, etc.

In order to succeed as a finance & banking business, you need to be able to navigate these different factors, which leaves you in a vulnerable position that is not ideal for project management as well. A third party project manager will keep your project on track, allowing you to focus on the optimisation of your business.

What pains can arise for a finance & banking business without a qualified project manager?

Poor project management can cause incredibly significant problems for businesses in the finance & banking sector, such as:

• Alienating potential customers, resulting in significant losses

• Technological errors that could impact customer data

• Poor customer service, resulting in customer dissatisfaction

• Cumbersome online finance services that is inconvenient to use

• Unethical finance practices that reflect poorly on the business

• A steep learning curve for basic banking services

• A lack of self-service options for customers, etc.

The finance & banking industry is rife with competition. Due to the sensitive nature of financial information, as well as the necessity of finance and banking services to be as secure and efficient as possible, customers are less likely to hedge their bets with a business that can’t compete. That is why it is so important to have a strong project manager if you run a finance and banking business.

Do you provide project management training for finance & banking?

We provide a project management training course that comes in two different iterations:

• Informal coaching, in which we guide clients throughout the project life cycle, resulting in more confidence and stability once their project wraps up

• Formal coaching, in which we offer larger training sessions and workshops to help hone project management skills as well as fine-tune methodologies so that they cater to your environment.

How do I hire a project manager?

If you are looking to hire a project manager for your finance & banking business, contact us so we can provide you with the project management that your business needs.