How Mobile Apps Are Transforming Banking Sector

banking sector app development

Just a simple question to start with ? Which did you last visited the bank physically ? Most of you do not remember the same . It is the fact that as the technology is getting mobilised , so is the banking sector . We can do almost everything from the convenience of mobile app and that’s so in a very secured environment . Due to technology advancement in banking sector , presently we are able to experience hassle free banking experience .

With the technology advancement over time , even the banking app has been converted into easy to use mobile applications , in comparison with the bulkier version earlier . Due to this a person who does not even have a penny of experience of using mobile app , can easily carry on banking transaction through mobile app . Along with this , there are many other benefits of mobile app that have changed the way of doing banking for us and some of them have been elaborated below :

1) No Waiting In Queues

If you are one of those person whose day’s first task is to visit the bank for doing any of the transaction , then you must be thankful now for banking apps that have changed your life . You can perform the same task by clicking on few icons in banking mobile app .

2) Convenience To Consumer

All banks works during business hours , usually between 9:30 am to 5 pm , and that is the time most of us go to our offices . This radically means when you are suppose to visit banks for performing any of the transactions , by taking leave from your office that will obviously cost you more . But with the launching of mobile app , this scenarios has been completely replaced . Now in person can do transaction anytime and from anywhere in the world .

3) Immediate Transfer

Usually in India , it takes 3 working days for any cheque to get credited in bank account with is obviously time taking process . But thanks to banking app , it can be transferred within few second and that to from anywhere .

How Is technology Seeing This Shift In Banking Sector ?

A well deployed banking app development must have an awesome UI/UX design for their banking customer . Also security is one of the greatest concern while taking about the mobile app , so that custom can get peace of mind by using banking apps on their mobiles . Latest introduction of technology like BHIM app , UPI has improved the banking sector by joining in all the bank together and thus making transaction between different bank just a click away .

Introduction of latest emerging technologies like Big Data , AI , Blockchain , IOT has open the whole new door for banking sectors .

Banking which were earlier thinking of opening thousand of branches for the convenience of their customer is now more focusing of development of their website and mobile app . The advancement of technology is already created a virtual banks , and in newer future new physical bank brand would be a rarity . is leading mobile app development company providing website and mobile app development solution across all industries .  We are also leading CRM and ERP software development company thus facilitating IT solution in simplified manner .

Which Development Approach Works Best ?

which development approach work best ?

As it is a matter of fact that there is always more than one way to develop software development project . After a quick search , you would be able to reveal lots of development technologies available in the market including but not limited to Rapid Application Development (RAD) , LEAN development , Spiral and much more .

The ultimate goal of each technology is to develop software in such a way that client gets satisfied with developing a greater product using best technology .

We take a different approach to as a  software development company , we place the things using existing development technology and aligns then according to the custom needs of the customer . Whether it is for developing a website , or as a mobile app development company – we put our best possible efforts to deliver the best product , in such a way that it increases their productivity , profitability and  general satisfaction level .

Our years of experience and continuous work with the customer has helps us to solve on the central issue on priories basis . Winklix believe in clear and detailed goals and requirement so that we can mark our calendars accordingly and work beyond our client expectation . We love to go on going cooperation with our clients , giving them timely update and getting quick feedback form their side at every milestone we have decided .

We can assure you – If you choose us as a software development company , you will surely be getting a partner who is dedicated to deliver you the rock awesome product in best possible manner . We always focuses on maintaining a long term business relationship with any of our client with latest software development mythologies .

Latest technology such as augmented reality app development service together with internet of things development has really changed the revolution beyond our expectation  . We have been working alongside with the technology to give our custom all IT solution in one place .

Winklix is leading software development company providing website designing and development , ERP and CRM development , mobile app development , IOT based app development , AR/VR App development and more .

In case you want to hand over the project to us , you can right away contact us .

Why Does Custom CRM Development Make Sense ?

custom crm software development company

Existing CRM VS Custom CRM Development

Regardless of where your organisation presently stands – one of the greatest fact is you stand no where without your customers . Without prioritising your customer needs , no enterprise can climb up the stairs of success . The more you get to know about your customer , the more it will help you to serve your customer needs . And that is the reason behind success of CRM softwares . To maintain a strong relationship and history and in order to provide them after sales support , organisation needs to necessarily invest on CRM softwares .

There are although plenty of options when the work CRM reflects in our mind like SalesForce, SAP , Sugar CRM and so on  , but ultimately every organisation have their own custom needs and that is the reason you can prefer to develop your own custom CRM software , or choosing from SaaS CRM vendor .

Depending completely on your taste , you have the freedom to choose . Lets look at some of the key factors .

Customizing Your CRM

When it comes to CRM , solutions must be customised according to your organisation needs . Every business have their own specific requirement together with workflow and data models , and a CRM is more effective when it gets integrated with your own business aspects . The final choice rest in your hand whether they want a custom built CRM ( custom developed according to your organisation needs) or a vendor CRM( Usually developed for the mass market) .

The market leader in CRM which is providing highly customisable and agile solution is SalesForce . However they will definitely not build a CRM for you right from scratch . You will have to adjust yourself and your demands as per mass market demands or you can look out for some custom salesforce development experts .

But if your organisation stand totally out of the crowd , there is no other alternative than building a custom CRM .

Cost Of CRM Development

As we have discussed above , each option comes with customisation features , the real decision comes down with cost of investment each option will be requiring .

Usually CRM vendors usually charge for per-user subscription model which is obviously good for their pockets , but might not be for your wallet . If we say SalesForce  , their per user per month cost ranges between $ 25 – $ 300 . It will be your monthly chained expenses which you will have to necessarily pay to them , and as soon as you stop paying them all your services and data will get barred . Also the CRM developed is for mass vendor , so you might be getting the features that is initially not required by your organisation .

Of course developing a custom CRM is also costly , but you will be able to get the features exactly as required and not additional features that is none of the use for you . All of the employees can have easily access to CRM if you want without any additional fees , but at the same pace it might be requiring more maintenance cost .

Risk Factors

For SaaS CRMs , when any thing goes wrong in your company , the vendor will be responsible for helping you as a backbone for running software smoothly . That is the main advantage of choosing a vendors like SalesForce , who have the entire team who can understand your requirement and can troubleshoot the issue and keep things running , thus minimising the risk factors .

Whereas custom CRM development has high risk factor . Whether you are developing by your own , or outsourcing it to develop by someone else , make sure it is built in a good framework that can run smoothly or choose a recognised  CRM software development company to develop your CRM .

So Who Could Customise Their Own CRM

Well that’s a tricky question . Everyone should customise their own CRM as per their needs no matter whether they have chosen vendors or can gone with the customised solution .

As the most important fact , CRM must be according to your organisation needs , and not like your organisation is molded to CRM vendors .

At Winklix – The leading software development company which highly skilled professional to create web applications has potential to develop your application using python programming with Django framework which can be fully integrated with SalesForce . Our experience of working with many startups and large companies can help you build your own CRM or customise your SalesForce deployment as per your custom needs .

Always mark these words -an investment in your customer database is most important decision and it should be the perfect one for your business . It will pay out in instalment to you later on .

So you can contact us for SalesForce deployment or custom CRM software development .