Innovative SaaS Model Introduced in New White Paper by Zoot
Approach provides substantial cost, efficiency, flexibility advantages for FIs
June 3, 2009
Zoot, a leading provider of advanced instant credit decisioning and loan origination solutions, announced the release of an additional white paper in the company’s thought leadership series. The paper, “SaaS or In-house: How to Get the Best of Both Worlds” addresses business strategies relevant to financial industry executives, from IT to spend management departments.
“SaaS or In-house: How to Get the Best of Both Worlds” explores an innovative approach to Software as a Service (SaaS) models and how financial institutions can gain substantial cost, efficiency, and flexibility advantages over competitors. Within the Zoot environment, the client receives the benefits of low upfront costs and the speed to market of a traditional SaaS model, in addition to tools and services that provide even greater control than most traditional in-house solutions. Zoot combines a reliable, scalable and redundant SaaS hosted environment with a set of proven development tools for maintaining business user control. This enables Zoot’s clients to have platform-wide flexibility to change attributes, business rules, workflow, and data sources while responding quickly to market changes.
“TowerGroup analysts have identified outdated technology and inefficient processes as top business drivers for consumer lending in 2009. Selecting solutions that will enable your financial institution to become more efficient and give you the right tools to respond effectively in a volatile economy will be key factors in the coming months,” said Dennis Dixon, president of Zoot. “Whether a bank is updating components of existing technology or implementing a brand new solution, Zoot’s eighteen years of experience can bring a lot to the table. We’re committed to helping the financial services industry turn the corner and rebuild.”
Zoot’s white paper series reflects dedication to the financial services industry through education and awareness. To read abstracts and download complimentary copies, visit Zoot’s white papers Web page.
About Zoot
Bozeman, Mont.-based Zoot Enterprises provides credit decisioning and loan origination solutions through a configurable, scalable and reliable platform to large and innovative U.S. financial services institutions. Visit http://www.zootweb.com or call 406.556.7555 for more information.
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