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The Simplus Pricing solution is a what-if
relationship pricing solution which is used
in real-time to ensure the credit union is
making informed and profitable pricing
decisions at the front-line. Simplus
Pricing allows the Credit Union to:
- Instantly determine, in real-time,
the financial impact of your pricing
decisions on existing or potential
members
- View net income, margin, return on
assets, and return on capital for every
member or relationship
- Communicate and translate corporate
profitability benchmarks and goals to
front-line staff through a visual
interface
- Standardize pricing based on risk
and relationship characteristics
- Reduce or eliminate unprofitable
sales
- Ensure systematic pricing
throughout the entire organization to
reduce cross branch shopping
- Interactively model interest rates,
fee structures, costs, to determine the
optimal pricing structure for the
product or relationship
- Know when to say No to business
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