Case Study: Financial Services Company achieves 75% faster review process and 60% cost reduction with Synergita

How Periodic Reviews Benefit Financial Corporations

Financial Services Company, a 30‑plus year provider of retirement products managing 401(k) plans for more than 190,000 participants and over $3 billion in assets, needed a flexible talent management system to support periodic (monthly) reviews across a three‑level review hierarchy. They wanted a cloud solution that would reduce time and cost, improve performance‑management efficiency, and offer strong product support; they chose Synergita for these needs.

Synergita implemented its cloud‑based continuous performance management platform with Single Sign‑On, employee data and org‑hierarchy management, dashboard widgets, automated notifications, and support for monthly one‑on‑one cycles and annual goal setting. As a result, Synergita enabled the company to run true monthly reviews (which their prior system could not), increased review process efficiency by 75%, and reduced performance‑management costs by 60%, while improving manager–employee interaction, engagement tracking and visibility for HR.