Bank of Hawaii has implemented INEA's Performance Management Suite to deliver a single platform for planning, forecasting, reporting and analysis across the organization.
"INEA will enable us to accomplish a broader range of performance management initiatives within a single application," according to Rick Keene, executive vice president and controller at $9.4 billion Bank of Hawaii. "We also required an intuitive solution that would integrate seamlessly with our existing environment."
INEA automates the process of distributing easy-to-use input templates for data capture, aggregating plans, and supporting collaboration between the finance department and the business units.
Getting frontline managers involved in the planning and forecasting process improves the accuracy, visibility and business buy-in of the results.
Said Keene, "It's critical that our managers have easy and timely access to information in order to better analyze and understand our financial results."
Before making its decision, Bank of Hawaii spoke with other INEA customers in order to validate their experience with the company.
"INEA's client base impressed us too," said Keene. "We talked to some of their clients, including KeyBank, and those conversations made it clear that the INEA solution is more functionally complete and more rapidly deployable than other options we were considering."