Case Study: Zions Bancorporation achieves compliant incentive compensation payments with Varicent Incentives

Zions Bancorporation streamlines compliant incentive payments with Varicent

Zions Bancorporation, a bank holding company, needed a flexible system to centralize incentive payment tracking and ensure approvals to comply with changing federal regulations following the 2008 financial crisis. They sought a solution from vendor Varicent to save time, boost efficiencies, and allow for easy reporting.

Varicent implemented its Incentives solution, which removed friction from the compensation process and accelerated the ability to make plan changes. This helped Zions Bancorporation maintain compliance, enhance internal structures and forecasting through easy-to-understand reports, and streamline communications for various stakeholders.

Zions Bancorporation