Boomi for Financial Services

A traditional factoring negotiation can take weeks or months. With the digital Easy2Cash solution using Boomi as the core, we can onboard new clients in two days. We intend to use our Easy2Cash experience to innovate and optimize across the rest of the business.

Boomi is mission-critical to our business processes. It’s much faster and easier to bring on new systems, and at less cost. Rapid integration has become a core capability for IT, and the business side is recognizing that Boomi can do what other solutions can’t.

Boomi ticks all the boxes for Teachers Mutual Bank. It is cloud-native, low-code, provides rapid development, is easy to use, and has a low total cost of ownership (TCO).

With Boomi automating routine tasks, we’re on pace to eliminate up to 6,000 hours of manual work in 2023 for front-line and operational staff. Now we have capacity to provide new products and services that help members handle their financial lives better.

Our NPS scores have risen 5% to our highest ever, with a high correlation to the low-friction digital experiences we’re delivering to our members through Boomi. The result is lower cost and higher member satisfaction.