Simplifying retirement plan administration
The retirement plan industry in the USA faces tough challenges—squeeze on margins, intense competition, changing demographics, and everchanging regulatory needs. The industry is handicapped by its dependence on legacy platforms as well as disparate systems that make data flow and management a major challenge. This makes the lives of plan administrators difficult, increasing inefficiencies and leading to a lower bottom line.
Congruent looked at Azure OpenAI to solve these challenges.
Streamlining at the core
Congruent was able to simplify many aspects of retirement planning administration by using AzureOpen AI stack and services. Its CORE platform streamlined every aspect of the record-keeping process using AI capabilities that power critical data management functions and exceptional Voice/NLP-based reporting services.
Reducing cost all across
The use of AI capabilities has resulted in better efficiencies and cost reductions that improve administrators’ lives by eliminating errors and faster data processing. Some of Congruent’s Fortune 500 customers save up to 4X for every dollar spent on the platform by reducing the cost of operations, outsourcing costs, and volumes handled by customer support. On the development side, Congruent has achieved 40% savings by deploying Github Copilot as part of its CI/CD processes.
Balaraman Jayaraman
Co-founder & CEO
Congruent
Leveraging our long-term partnership with Microsoft and by using Azure OpenAI stack and services, we are able to deliver exceptional value to our customers, with some of them saving up to 4X for every dollar spent on our product. Even on the development side we have achieved 40% Savings by deploying Github Copilot as part of our development processes, thus making us an efficient and adaptable product developer. I am delighted to say that Microsoft Azure OpenAI Stack and Services truly helps make us, our products and the businesses of our customers, ‘Ready for Tomorrow’!
4x
savings for every dollar spent
40%
savings on development side
Congruent is the specialist partner that the retirement industry trusts to make it ready for tomorrow.
More details at https://www.congruentsolutions.com
Cognizant
Cyient