Experiences at Syncronet

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What's the inside scoop on Syncronet? 1 person is talking about their experiences with the organization. Get a look behind the scenes by reading their answers below.

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Manuel

What are the most challenging aspects of your job at Syncronet?

To apply all my knowledge in managing a 4Mill usd company and turn it into a profitable one. These includes doing a Business Plan, Merger Plan and creating new customer oriented areas (Sales and Help Desk) within the company.

Posted @ 08:40AM, October 18, 2007 by Manuel Barragan | Permalink
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Manuel

How would you describe what you did at Syncronet?

Syncronet is a joint venture between FIRA (a subsidiary from the Central Bank in Mexico) and TEMENOS (Core Banking software developer in Switzerland).
Its purpose is to offer:
- Temenos T24 Software through an ASP (Application Service Provider) model.
- Be the best solution to outsource the
IT functions of a financial institution including Software, Hardware, Data Center operations, Disaster Recovery Plan, Business Continuity Process, etc.
It targets Commercial banks, Credit Unions, Cooperatives, SOFOL (Financial societies with a limited purpose), Non-Bank Banks, among other financial intermediaries.

ACHIEVEMENTS.
* Within 4 months, we sold more than the rest of the company history.
* For 2 years, the company had negative profit & cash flow numbers. With only 6 months, the trend line went from negative to positive, re-structured the organization bringing new people, culture, process and procedures focus on customer service.
* We re-structured all customers' contracts in order to have more benefits for both sides.
* Had controlled of 30+ projects (with old and new customers)
* A new Business Plan was introduced an approved by the Board of Directors, including new product lines. At year end, these new product lines were almost 50% of our income.
... read more

Posted @ 08:36AM, October 18, 2007 by Manuel Barragan | Permalink
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