NICE Systems
490 Case Studies
A NICE Systems Case Study
A top-20 U.S. retail bank with nationwide branches faced complex variable compensation challenges for 15,000 payees across two distinct lines of business (home lending and retail banking). Frequent intra-quarter role and branch moves, deep multi-level hierarchies, and 150 different compensation plans caused miscalculations, incorrect rollups and slow, error-prone reporting.
The bank implemented NICE Sales Performance Management (SPM) as a single, scalable system to manage both business lines, dynamic hierarchies and multiple compensation rules. The solution automated data feeds and workflows, produced role-appropriate real-time reports, and completed processing in 2–6 hours without manual corrections; quotas and rollups now reflect mid-period role changes, dispute resolution times fell from weeks to days, and administrators gained detailed individual and branch-level performance insights.
Large American Bank