Retail Case Studies and Success Stories with Optymyze
CASE STUDY A leading North American broadline retailer
A leading North American retailer had trouble handling large amounts of point of sale data. Their old system was outdated and could not work well with their in-store POS system. They needed to proces...s up to 10 million records per day and manage complex commission rates. Optymyze's no-code data processing helped them handle this data easily. Now, they have more frequent reporting and 40,000 users enjoy a better customer experience.
Construction Case Studies and Success Stories with Optymyze
CASE STUDY A major distributor of building materials and construction supplies
A major distributor of building materials used spreadsheets and desktop databases to manage over 100 incentive compensation plans. Their old system was manual and hard to change. It was not secure an...d made it hard to update plans or process payments. They wanted a single platform to make things easier and faster. Optymyze helped them automate their sales compensation system for better profits and efficiency.
Financial Services Case Studies and Success Stories with Optymyze
CASE STUDY A large division of a financial services giant
A large division of a financial services company needed a better way to manage sales compensation. Their old Excel model could not forecast costs well and reporting was confusing. They used Optymyze'...s no-code platform to model scenarios and improve reporting. Payment variances dropped to under 3% of forecast. Inquiries from the field went down by 75%. Reporting and analytics also improved.
CASE STUDY A leading US wealth management advisory firm
A leading US wealth management advisory firm used Optymyze for sales compensation for two years. The CEO and board faced challenges finding ways to grow in a tough business environment. They realized... their Optymyze solution gave them a complete and clean record of their business data. With help from Optymyze's Center of Excellence for DataOps, they found new ways to use their data. This helped them make better decisions about revenue and costs.
CASE STUDY A leading US wealth management advisory firm
Optymyze helped a leading US wealth management advisory firm use its no-code DataOps platform to solve business problems beyond sales compensation. The firm used Optymyze as a single source of truth ...for customer, partner, and advisor data. With the Optymyze Center of Excellence, they built new applications for customer segmentation, investment retention, and prescriptive analytics. This let them find new ways to grow and better understand customer needs. The solution enabled faster, data-driven business decisions.
Insurance Case Studies and Success Stories with Optymyze
CASE STUDY A leading insurer
A leading insurer faced problems with their old system for managing broker commissions. The system was hard to change and slowed down payments. The insurer needed a flexible, no-code platform to hand...le data and make changes easily. They switched to Optymyze to manage commissions for 15,000 brokers. Optymyze helped them build a no-code app, improve compliance, and process payments faster.
Computer Software Case Studies and Success Stories with Optymyze
CASE STUDY A value added reseller (VAR) of computer hardware and software
A value added reseller had a large sales team and managed up to 250 SPIF programs at once. The finance team was small and handled all SPIF payments manually. This made the process slow and hard to ma...nage. They used Optymyze's no-code application to automate SPIF management. This helped them run all SPIF programs in one application. The process became more efficient and partner vendors could access the system.
Consumer Goods Case Studies and Success Stories with Optymyze
CASE STUDY A global manufacturer and marketer of high-end beauty products (classic cosmetic brand)
A global beauty brand had trouble sharing information with its large sales team. The company wanted to help sales reps get important updates and focus on key tasks. They used Optymyze's no-code appli...cation to improve communication. In 8 weeks, they set up and launched the new system. The company saw 60% fewer emails and a 47% increase in revenue-generating activity, equal to adding 500 sales reps.
Information Technology and Services Case Studies and Success Stories with Optymyze
CASE STUDY A major analytics company
A major analytics company had trouble meeting Sarbanes-Oxley rules for their sales performance system. They were sending confidential sales data by email to their global sales team. Optymyze helped t...hem unify their international systems. They set up secure, role-based access to sales data. This made it easier for them to follow regulations and keep information safe.
Manufacturing Case Studies and Success Stories with Optymyze
CASE STUDY a leading international manufacturing conglomerate
A large manufacturing conglomerate merged with another company and added 1,000 new employees. This caused problems with processing over $60 billion in transactions each year. Sales administrators and... salespeople struggled with slow and confusing payout processes. Optymyze provided a no-code application to solve these issues. The company saw a 90% reduction in payout adjustments. The new application was designed in just one month.
Telecommunications Case Studies and Success Stories with Optymyze
CASE STUDY One of the largest telecom companies in the United States
Optymyze unified, no-code platform helped a leading US telecom company automate its compensation management. The company faced challenges with multiple systems and manual processes, making it hard to... track and reward customer service performance. Optymyze provided one integrated system to manage incentives, track key metrics, and deliver payouts to 1,700 employees. The solution increased customer satisfaction and reduced call and hold times. Managers can now quickly adjust incentive plans and improve agent performance with real-time data.
CASE STUDY One of the largest telecom companies in the United States
A large telecom company in the United States wanted to improve customer service and increase market share. They faced challenges in measuring improvements and rewarding their customer service teams. ...They used the Optymyze unified, no-code platform to automate compensation management and create a single source of truth for compensation data. This led to increased customer satisfaction and reduced call and hold times.
CASE STUDY One of America’s largest cable providers
One of America’s largest cable providers was growing fast and making big acquisitions. This growth led to a lot of complex data from many sources. It took 18 hours each day to process all the sales d...ata, causing delays. The company used Optymyze’s no-code platform to bring all the data into one place. Now, they refresh 300 million records daily from over 10 terabytes of data. They have one no-code data repository and better data processing power.
Hospital & Health Care Case Studies and Success Stories with Optymyze
CASE STUDY A multinational healthcare company
A multinational healthcare company used Optymyze to manage sales compensation for their global salesforce. They needed to process large amounts of transactional data daily for different regions and p...roducts. The company wanted error-free and timely compensation payments and needed frequent changes to data and business logic. With Optymyze, they could load, clean, validate, and process data efficiently. They realized the solution was more than just compensation—it became a no-code data warehouse for their sales and customer data.
Optymyze helped a multinational healthcare company manage sales compensation for their global salesforce. The company needed to process large volumes of transactional data daily and make frequent bus...iness logic changes. With the Optymyze Center of Excellence for no-code DataOps, they improved data management and built new analytics and business applications. This led to higher DataOps efficiency, lower IT costs, and better decision making from timely insights.
Information Services Case Studies and Success Stories with Optymyze
CASE STUDY a publicly-traded data and analytics company
A large data and analytics company grew through mergers and served 90% of the Fortune 500. They faced problems with many different sales performance management systems. This caused delays and confusi...on in paying salespeople. Their old system used many tools and big Excel sheets, making it hard to track and audit. Optymyze helped them automate and simplify their processes. This made their work faster and more accurate.
Pharmaceuticals Case Studies and Success Stories with Optymyze
CASE STUDY A group of life sciences companies
Optymyze unified, no-code platform helped a group of life sciences companies align sales commission practices across 15 countries. The companies faced challenges with inconsistent processes and lack ...of standardization. Optymyze provided a centralized system for sales commission management and automated business processes. Payment forecast variance dropped to 1-3%. Support calls from field reps fell by 75%. Management gained better reporting and control over sales compensation plans.
A national pharmaceutical manufacturer faced problems after doubling its product portfolio. The company struggled with a complex and manual quota-setting process. Optymyze provided a no-code platform... to automate and simplify these processes. As a result, the company saved 3.2 full-time equivalent weeks per quarter. They reduced the time from input receipt to final quotas by 43%. Performance reports were delivered a week earlier.
CASE STUDY A United States-based pharmaceutical company
A U.S. pharmaceutical company faced many mergers and acquisitions. This caused problems with sales operations and data errors. Their old sales commission system could not keep up with changes. They u...sed Optymyze to help with business automation and data controls. As a result, they reduced data errors and improved sales strategy with better analytics.
CASE STUDY A United States-based pharmaceutical company
Optymyze helped a US-based pharmaceutical company manage sales operations after several mergers. The company faced data errors and outdated sales commission systems. Optymyze's no-code platform unifi...ed sales performance management and commission processes. The company improved data controls and integrated new businesses. Sales analytics became more insightful. The company increased its salesforce and plan complexity without adding admin staff.
A national pharmaceutical manufacturer wanted to grow its sales and market share. The company faced problems with underperforming sales of a key drug and a lack of visibility into sales opportunities.... They used Optymyze's no-code application development to improve their sales operations. The company designed and deployed a new application in less than 4 weeks. Top users of the application saw a 150% increase in income. Since partnering with Optymyze, the company has seen a 23% increase in revenue.
A group of life sciences companies operated in 15 countries across two continents. They struggled to manage sales commissions because each business unit used different rules and processes. Optymyze h...elped them align their sales commission practices and automate their processes. As a result, they reduced payment forecast variance to 1-3%. They also saw a 75% drop in support calls from field reps and could easily adjust plans with better performance reports.
Optymyze unified, no-code platform helped a national pharmaceutical manufacturer automate its quota-setting process. The company faced delays and inefficiencies due to manual, labor-intensive quota m...anagement. With Optymyze, they eliminated time-consuming meetings and manual data rollups. The solution saved 3.2 full-time equivalent weeks per quarter. Time from input to final quotas dropped by 43%. Performance reports are now delivered a week earlier, improving coaching and responsiveness.
Other Industry Case Studies and Success Stories with Optymyze
CASE STUDY Fortune 50 company
Optymyze helped a Fortune 50 company use no-code automation to improve sales. The company used Optymyze across its business units. They saw a 10% increase in quarterly sales performance. Optymyze ena...bled fast digital transformation with no-code tools. The solution made it easy to set up and manage business process automation.
Optymyze helped a Fortune 50 company fix data problems in sales. The company used the no-code platform to automate data validation and reporting. They processed $1.47 trillion in transactions in 2017... and added 1,000 new payees. Automated dispute handling cut disputes by 90%. Sales grew 10% quarter over quarter since 2015. The platform made data clean, fast, and easy to use for thousands of users.
A Fortune 50 company had trouble managing data from many old systems around the world. They could not easily combine or trust their data, which made it hard to pay employees and make good business de...cisions. They tried to fix this with their own system, but it did not work. They used Optymyze's no-code platform to automate and improve their data processes. As a result, they processed $1.47 trillion in transactions in 2017, had 90% fewer disputes, and saw a 10% increase in sales each quarter since 2015.