At SpringFour, our clients are our partners. And we think these testimonials provide the proof.
We continue to engage with our partners long after the agreement is signed. It’s not enough for our team at SpringFour to add a new client. We remain engaged, listen, and respond so that our partners have the best possible experience with our applications, whether it’s S4pro or S4direct. Our end goal is to create impact both for the end consumer who is looking to achieve better financial health and for our partners who want to assist their customers and see the impact S4 has on their repayment rates, their brand, and customer experience. And last but not least, the effect SpringFour has on their employees using our customer service focused tools.
We’ve been told by countless partners that SpringFour is a win-win for all.
Don’t take our word for it. Read our testimonials to see what our partners are saying.
Rochelle Nawrocki Gorey
Co-Founder & CEO, SpringFour Inc.
Joining Rochelle on the panel was Ric Leitheiser, Head of US Consumer Collections and SB Special Assets at BMO Harris Bank. SpringFour and BMO Harris launched our official partnership in August of this year. The bank uses both of SpringFour’s high impact products, S4pro and S4direct, to help increase the financial health of its customers. By making SpringFour tools available, BMO Harris ensures that if any of their customers run into financial challenges, they can be connected to SpringFour’s vetted resources to help address the underlying reason(s) for delinquency. Within the first couple of months of partnering with SpringFour, BMO Harris has seen great use of both SpringFour products, and the bank’s agents have expressed the added value SpringFour brings to the customer conversation.
During the panel, Ric (BMO Harris) shared with the audience that in order to successfully partner with a fintech, there needs to be a shared vision, culture, and goals. Rochelle added that transparency is key between both entities and from this, a feeling of true partnership can result. When this happens, the opportunity for measurable impact is achievable.
Members of the panel explored the need to get vendor compliance management right and that having the right expectations up front can help make or break a deal. Rochelle shared that a key strategy for SpringFour is connecting early with bank leadership and risk and vendor teams to be certain that all involved understand the exact nature of the relationship.
The panel also discussed the evolution of fintech and how many of the most successful fintechs are looking to partner with banks, rather than the fintech or the bank seeking to replace one another. Also interesting was that fact that many banks are now forming what can be likened to an internal VC unit, where funds and focus are being invested to seriously explore strategic partnerships between emerging / disrupting fintechs and the bank itself.
Other panel participants included: Jason Osterhage, Chief Lending Executive at Alliant Credit Union; Mark Dabertin, Special Counsel at Pepper Hamilton; and moderator Phil Toth, Founder & Managing Director at QueensGiant
VP of Strategy & Customer Engagement, SpringFour Inc.