Chicago, IL, October 25, 2024 — CrossVue, a trusted Workday deployment partner for over 10 years with deep expertise in regulated industries, proudly announces the launch of BankVue, an industry accelerator designed to help banks and credit unions enhance financial reporting and compliance processes with Workday Financial Management, Workday Accounting Center, and more solutions on the Workday platform.
BankVue is built to support both large and small financial institutions to accelerate their digital transformations with the Workday platform. With BankVue, larger institutions can tackle pain points such as risk and compliance, automation, audits, and ERP strategy replacement. Meanwhile, smaller institutions can address issues related to cost concerns, manual close processes, and on-premises systems. These solutions are made possible by leveraging industry-specific configurations across similar institutions, packaging them up, and providing a starting point for all CrossVue’s banking and credit union customers that CrossVue serves as a Workday deployment partner.
“Our clients are looking for solutions that not only address their immediate pain points but also provide long-term value,” said Adam Scheidler, VP of Financial Services at CrossVue. “BankVue delivers on this promise by reducing deployment costs, accelerating time to value, and offering pre-packaged dashboards and reports tailored specifically for what our banking and credit union customers need on day one of their Workday journeys.”
Key benefits of BankVue include:
- Seamless Financial Integration: Enhance financial clarity with comprehensive Core Banking and Investment General Ledger and transaction-level reporting through Workday’s Accounting Center.
- Precision Regulatory Reporting: Empower compliance with detailed instrument-level reporting, meeting Call Reporting and other stringent regulatory requirements seamlessly.
- Financial Integrity: Streamline accuracy with robust Transaction to General Ledger Audit and Reconciliation.
- Accelerated Financial Consolidation: Improve financial close and consolidation processes, optimizing time and resource management.
- Strategic Decision-Making: Drive strategic decisions with advanced insights into Product Profitability, Branch Performance, Net Interest Income Analysis, and other critical operational reporting and analytics.
The BankVue industry accelerator marks a significant milestone in CrossVue’s mission to deliver cutting-edge solutions tailored to the needs of its clients. CrossVue will continue to set new standards in financial reporting and compliance, empowering banks and credit unions to navigate the complexities of the financial landscape with confidence and ease. Customers can learn more about BankVue via the CrossVue website or on Workday Marketplace.
About CrossVue
CrossVue is a boutique consulting firm and trusted Workday partner for over a decade, specializing in deploying Workday solutions for organizations in regulated industries. As a certified Workday Sales, Services, and Innovation Partner, we combine deep industry insight, technical excellence, and a shared approach to deliver end-to-end solutions. From strategic consulting to purpose-built products, we help clients maximize their Workday investment—empowering smarter decisions and streamlined operations across their people, finances, and beyond.
Discover how we help organizations see clear across the enterprise at www.crossvue.com.
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If you would like further information, please reach out to contact@crossvue.com.
