Vymo, Author at Press Releases https://vymo.com/press/author/vymo/ Thu, 20 Nov 2025 09:25:29 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.8 https://vymo.com/press/wp-content/uploads/2021/08/fav.png Vymo, Author at Press Releases https://vymo.com/press/author/vymo/ 32 32 Vymo joins the LIMRA roster to empower the Insurance community https://vymo.com/press/vymo-joins-the-limra-roster-to-empower-the-insurance-community/ https://vymo.com/press/vymo-joins-the-limra-roster-to-empower-the-insurance-community/#respond Sun, 10 Sep 2023 10:26:18 +0000 https://vymo.com/press/?p=36580 The post Vymo joins the LIMRA roster to empower the Insurance community appeared first on Press Releases.

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Through the membership, Vymo will help insurers understand emerging distribution trends and challenges to help navigate the shifting business landscape

Vymo, the leading Sales Engagement Platform for Insurance, has announced its membership with LIMRA, the largest trade association supporting the insurance and related financial services industry.

Despite carriers investing millions of dollars in implementing tools to support field teams, adoption numbers have remained abysmally low. The poor user experience with complicated workflows and frequent updates in most distribution systems adds to the overheads.

Vymo has solved these problems through its mobile-first approach that captures sales activities like calls, meetings, and emails automatically and nudges next best actions intelligently in the moment. Vymo also improves these recommendations and builds playbooks for distribution based on data. This has resulted in Vymo having a phenomenal Daily Active Usage (DAU) of >75%.

“We are excited to join the LIMRA community to help industry leaders navigate the changing landscape of insurance distribution,” says Yamini Bhat, CEO of Vymo. “We are constantly investing in improving our solution. Given that we work with leading carriers across the globe, the idea is to cross-fertilize our learnings and share that with the community here. Together, we can deliver a step change in improving the way insurance policies are sold here in the US.”

Vymo was recently recognized as the #1 financial services CRM by users in G2, the largest and most trusted software marketplace, with G2 users especially noting that Vymo’s mobile experience was unparalleled. Leading global market research company, Forrester, recognized Vymo as a ‘Strong Performer’ in Sales Engagement, ahead of conventional CRMs like Salesforce, again emphasizing on Vymo’s intuitive mobile experience. Research and Advisory firm, Gartner, has recognized Vymo as a Cool Vendor in CRM and has subsequently mentioned it in multiple reports including the Hype Cycle and the Market Guide.

Vymo’s Co-founder & CTO Venkat Malladi and Director – Sales, John Behn, will be leading a session at the LIMRA Wholesaler Leadership Summit on 10th May (Wednesday) on how today’s wholesalers can maintain trust with carriers and financial professionals and demonstrate how sales engagement technologies can help them ride the tide of changes in the industry.

 

About Vymo

Vymo is the Sales Engagement Platform of choice for 350,000 salespeople across 65+ Global Financial Institutions such as AIA, Berkshire Hathaway, Generali, AXA, Sunlife, and HDFC Bank. The platform drives productivity bottom-up through nudges and interventions across the sales lifecycle.

Vymo is recognized by Gartner as a Representative Vendor in the Sales Engagement Market Guide and by Forrester as a ‘Strong Performer’ in the 2022 Wave Report on Sales Engagement Platforms.

Vymo has raised over $45M in funding from Sequoia Capital, Emergence Capital, and Bertelsmann Investments and is also a winner of CB Insights’ Demo Day and Microsoft’s ‘AI for All’ awards.

 

Resources

Watch Vymo in action – https://youtu.be/W8KODHivO_U

Explore platform capabilities – https://vymo.com/request-a-demo/

Comprehensive guide to Sales Engagement Platforms – https://vymo.com/seg

 

Media Contact

Gunjan Saha

pr@getvymo.com

The post Vymo joins the LIMRA roster to empower the Insurance community appeared first on Press Releases.

]]> https://vymo.com/press/vymo-joins-the-limra-roster-to-empower-the-insurance-community/feed/ 0 Vymo achieves a Net Promoter Score of 54; becomes one of the highest-rated enterprise SaaS platforms in the world. https://vymo.com/press/vymo-achieves-a-net-promoter-score-of-54-becomes-one-of-the-highest-rated-enterprise-saas-platforms-in-the-world/ https://vymo.com/press/vymo-achieves-a-net-promoter-score-of-54-becomes-one-of-the-highest-rated-enterprise-saas-platforms-in-the-world/#respond Wed, 23 Aug 2023 15:28:08 +0000 https://vymo.com/press/?p=36563 The post Vymo achieves a Net Promoter Score of 54; becomes one of the highest-rated enterprise SaaS platforms in the world. appeared first on Press Releases.

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Vymo’s Net Promoter Score has increased by 19 points as a result of implementing a more user-friendly and intuitive mobile interface that aims to improve productivity bottom-up and optimize sales processes.

Vymo, the world’s leading sales engagement platform for financial institutions, reported that it has achieved a high Net Promoter Score of 54, which is a +19 increase since providing an upgraded mobile interface that maximizes productivity and enhances the overall sales process for agents, managers and business leaders. The improvement in user experience is based on the latest quality survey, which is done every quarter.

After analyzing previously collected reviews, Vymo has streamlined its interface, allowing users to view critical information, such as lead engagements & checkpoints, and account health, in a single pane of glass view. This enhancement has helped users reduce switching between various systems for information, with everything available via a single window.

In addition, the platform’s intelligence layer that guides users proactively towards successful sales outcomes has also been optimized to provide a highly engaging experience to the end user. Agents are guided towards converting a lead through reminders, alerts, next best actions, and best practices, powered by Vymo Nudge engine.

 

More about Vymo’s Improved Nudge Engine

Vymo’s intelligence engine is built on the premise that activities drive outcomes. A Nudge is a prompt to an action. It could be an alert, a reminder, or a product recommendation. Through a Nudge, Vymo can surface the right insights to the right users at the right time. This drives positive behavioral shifts in users, leading to a greater occurrence of best actions and, therefore, an improvement in sales metrics

A few ways in which the new, optimized nudge delivery mechanism solves user problems are:

  • Reminders make sure users don’t miss any scheduled calls/meetings;
  • Alerts ensure that users are able to pre-empt escalations and avoid missing deadlines to close targets on time to stay on top of their game. Also, sales managers are able to complete their planned tasks on time, track team progress, track business anomalies, and intervene at the right time to coach their teams to success;
  • Announcements help sales reps and managers stay on top of important updates,
  • Suggestions optimize users’ time well by surfacing relevant next-best-actions at the right time.

Vymo generates over three million nudges every month to help users achieve their goals and business targets efficiently and engage with buyers & partners effectively.

“Vymo’s user interface is designed for simplicity and is useful to stay on top of pending customer interactions. It reminds me about upcoming sales engagements and tells me everything I need to know about the customer. It’s like a digital personal diary,” says a senior Relationship Manager at one of the world’s largest financial service institutions.

Yamini Bhat, CEO of Vymo, said, “Customer obsession defines what we do at Vymo. We dive deep to understand the challenges our customer is facing and try to solve them like no one else can. Understanding what our customers need and relaying this information back into the product to enhance it is vital to our growth journey. Hence a customer satisfaction score like NPS is a key performance indicator for us.”

Earlier this year, Vymo achieved a Leader ranking in the Financial Services CRM category on G2, and is recognized among notable vendors by Forrester, one of the most influential research and advisory firms in the world, in ‘The Financial Services CRM Landscape, Q2 2023’ report.

 

About Vymo

Vymo is the Sales Engagement Platform of choice for 350,000 salespeople across 65+ Global Financial Institutions such as AIA, Berkshire Hathaway, Generali, AXA, Sunlife, and HDFC Bank. The platform drives productivity bottom-up through nudges and interventions across the customer lifecycle.

Gartner recognizes Vymo as a Representative Vendor in the Sales Engagement Market Guide.

Vymo has raised over $45M in funding from Sequoia Capital, Emergence Capital, and Bertelsmann India Investments and is also a winner of CB Insights’ Demo Day and Microsoft’s ‘AI for All’ awards.

 

Relevant Links

Know more about Vymo – https://vymo.com/

What industry leaders have to say – https://youtu.be/w1ieu9aVUio

 

Media Contact

Gunjan Saha

pr@getvymo.com

The post Vymo achieves a Net Promoter Score of 54; becomes one of the highest-rated enterprise SaaS platforms in the world. appeared first on Press Releases.

]]> https://vymo.com/press/vymo-achieves-a-net-promoter-score-of-54-becomes-one-of-the-highest-rated-enterprise-saas-platforms-in-the-world/feed/ 0 Vymo recognized in the Gartner Hype Cycle for Revenue and Sales Technology, 2023. https://vymo.com/press/vymo-recognized-in-the-gartner-hype-cycle-for-revenue-and-sales-technology-2023/ https://vymo.com/press/vymo-recognized-in-the-gartner-hype-cycle-for-revenue-and-sales-technology-2023/#respond Thu, 03 Aug 2023 09:43:59 +0000 https://vymo.com/press/?p=36567 The post Vymo recognized in the Gartner Hype Cycle for Revenue and Sales Technology, 2023. appeared first on Press Releases.

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The sales engagement platform of choice for large enterprises, Vymo has been mentioned as a sample vendor on the ‘Slope of Enlightenment’ by the global technological research and consulting firm.

Vymo, the world’s leading sales engagement platform of choice for financial institutions, has been mentioned as a sample vendor on the ‘Slope of Enlightenment’, representing cutting-edge technologies whose benefits are starting to be understood and gaining a foothold in the market. Gartner pegs the benefits of a sales engagement platform to ‘high’ and reports that the market penetration of sales engagement platforms is between 20-50% , underlining its adolescent phase.

Vymo has been mentioned as a sample vendor representing cutting-edge technologies whose benefits are starting to be understood and gaining foothold in the market.

Revenue and sales technologies today are evolving and maturing to improve both buyer and seller experiences. To understand the maturity of these technologies and they continue to evolve, Gartner recently released the Hype Cycle for Revenue and Sales Technology, 2023.

According to the report, “Sales engagement applications (SEAs) have emerged to serve as the primary system of action and user interface for daily B2B seller activities. SEAs optimize seller productivity with multichannel engagement, workflow execution and artificial intelligence

(AI)/automation into a single interface. Buyers need sellers to exceed expectations at every interaction on their preferred — and increasingly digital — channels. SEAs streamline how sellers orchestrate sales activities and deal workflows.”

Yamini Bhat, Co-Founder and CEO of Vymo, said, “As sales and revenue technologies continue to evolve, we are thrilled to be at the forefront of some of those changes with Vymo. We believe our mobile-first platform compliments the technologies and workflows our clients already have in place and digitally transform their sales & distribution channels.” She adds, ”Our clients report a step change improvement in salesforce productivity and quality of customer engagements within six weeks of going live with Vymo.”

Vymo works with some of the largest banks and insurance companies globally and has emerged as the unequivocal technology front-end for sellers. It integrates with core systems and provides a 360-degree view of the customer in a single window. Vymo captures sales engagement activities automatically and learns what top-performing salespeople are doing. It identifies winning behaviors and creates engagement playbooks to build sales cadence at the organizational level.

Earlier this year, Vymo achieved a Leader ranking in the Financial Services CRM category on G2, and is recognized among notable vendors by Forrester, one of the most influential research and advisory firms in the world, in ‘The Financial Services CRM Landscape, Q2 2023’ report.


About Vymo

Vymo (www.vymo.com) is the Sales Engagement Platform of choice for 350,000 salespeople across 65+ Global Financial Institutions such as AIA, Berkshire Hathaway, Generali, AXA, Sunlife, and HDFC Bank. The platform drives productivity bottom-up through nudges and interventions across the customer lifecycle.

Gartner recognizes Vymo as a Representative Vendor in the Sales Engagement Market Guide.

Vymo has raised over $45M in funding from Sequoia Capital, Emergence Capital, and Bertelsmann India Investments and is also a winner of CB Insights’ Demo Day and Microsoft’s ‘AI for All’ awards.

 

Relevant Links

Know more about Vymo – https://vymo.com/

Watch Vymo in action – https://www.youtube.com/watch?v=x-kxnDUAI84

 

Media Contact

Gunjan Saha

pr@getvymo.com

The post Vymo recognized in the Gartner Hype Cycle for Revenue and Sales Technology, 2023. appeared first on Press Releases.

]]> https://vymo.com/press/vymo-recognized-in-the-gartner-hype-cycle-for-revenue-and-sales-technology-2023/feed/ 0 Indocyber partners with Vymo to support Banks and Insurers with mobile-first sales and distribution technologies. https://vymo.com/press/indocyber-partners-with-vymo-to-support-banks-and-insurers-with-mobile-first-sales-and-distribution-technologies/ https://vymo.com/press/indocyber-partners-with-vymo-to-support-banks-and-insurers-with-mobile-first-sales-and-distribution-technologies/#respond Wed, 26 Jul 2023 11:14:52 +0000 https://vymo.com/press/?p=36576 The post Indocyber partners with Vymo to support Banks and Insurers with mobile-first sales and distribution technologies. appeared first on Press Releases.

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Vymo, the world’s leading sales engagement platform for financial institutions, has partnered with Indocyber Global Teknologi, an integrated information and technology system provider. Indocyber is dedicated to delivering highly effective solutions in the field of Information Systems. By leveraging Vymo’s cutting-edge platform and Indocyber’s expertise in delivering digital transformation solutions, banks and insurance companies can deliver a mobile-first sales experience to their frontline teams.

Indonesia has one of the highest numbers of mobile internet users in Southeast Asia: 73.7% of the total population uses mobile internet, according to Datareportal. Although banks and insurance companies are quickly adopting digital technologies, the workforce of tomorrow in the BFSI industry needs to learn desktop-based legacy systems with minimal training.

To address this challenge, Indocyber, with its strong leadership in the financial industry, has partnered with Vymo to offer its clients an intelligent and intuitive mobile front-end application for field agents and relationship managers. Vymo eliminates the challenges associated with outdated, hard-to-use legacy systems. Context-aware automation captures and updates engagement data automatically and offers real-time performance reports to line managers, giving them complete visibility into their teams’ progress. 

Additionally, Vymo learns how top-performing agents engage with customers and nudges best behavior’s across the entire team. This helps improve productivity and eliminates the need for manual CRM record updates.

Rajesh Sabhlok, Managing Director – Asia Pacific, Vymo, says, “In today’s world, customers as well as users demand personalized service with minimal waiting time. The partnership with Indocyber will help banks and insurance companies adopt cutting-edge sales and distribution technologies to deliver this kind of one-tap experience. Conventional CRMs do not equip sales teams with the necessary insights to effectively engage with customers. We are excited about our partnership and will continue to invest in bringing the latest in sales and distribution technology to the region.”

Kresno Budoyo, Director of Indocyber, also stated, “As part of our commitment and collaboration with Vymo in the financial sector, we expect Vymo to provide products and solutions that not only focus on technology but also bring added value to the end users. Moreover, the key feature of the sales engagement platform, which can replicate the best practices and methods of top-performing sales, can be effectively applied to other sales teams.

Furthermore, Indocyber can play a role as a local  support and development partner for Vymo in Indonesia.”

Vymo is used by major banks and insurance companies globally to increase sales productivity, devise effective customer engagements, and address buyer needs with bottom-up insights and collaboration. While traditional desktop-based CRM systems typically have a user adoption rate of less than 30%, Vymo reports that over 75% of its users engage with the platform on a daily basis.

 

About Vymo

Vymo is the Sales Engagement Platform of choice for 350,000 salespeople across 65+ Global Financial Institutions such as AIA, Berkshire Hathaway, Generali, AXA, Sunlife, and HDFC Bank. The platform drives productivity bottom-up through nudges and interventions across the customer lifecycle.

Gartner recognizes Vymo as a Representative Vendor in the Sales Engagement Market Guide.

Vymo has raised over $45M in funding from Sequoia Capital, Emergence Capital, and Bertelsmann India Investments and is also a winner of CB Insights’ Demo Day and Microsoft’s ‘AI for All’ awards.

 

Relevant Links

Know more about Vymo – https://vymo.com

Watch how Vymo can help convert more leads – https://youtu.be/W8KODHivO_U

 

Media Contact

pr@getvymo.com

The post Indocyber partners with Vymo to support Banks and Insurers with mobile-first sales and distribution technologies. appeared first on Press Releases.

]]> https://vymo.com/press/indocyber-partners-with-vymo-to-support-banks-and-insurers-with-mobile-first-sales-and-distribution-technologies/feed/ 0 Vymo and Duck Creek partner to deliver Superior Agent Management Experience for P&C Insurers https://vymo.com/press/vymo-and-duck-creek-partner-to-deliver-superior-agent-management-experience-for-pc-insurers/ https://vymo.com/press/vymo-and-duck-creek-partner-to-deliver-superior-agent-management-experience-for-pc-insurers/#respond Wed, 03 May 2023 17:45:48 +0000 https://vymo.com/press/?p=36582 The post Vymo and Duck Creek partner to deliver Superior Agent Management Experience for P&C Insurers appeared first on Press Releases.

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Vymo will be a mobile-first frontend for P&C Insurers in the Duck Creek ecosystem and drive efficiency across agent networks.

Vymo, the leading Sales Engagement Platform for Insurance, has announced a solution partnership with Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, to offer P&C insurance insurers the flexibility they need to manage their agent networks. With Vymo’s easy-to-use, mobile-first platform, insurers can quickly adopt Duck Creek solutions and drive adoption.

The insurance workforce of tomorrow needs to adopt legacy systems with minimal training. However, adoption numbers remain woefully low, which results in most enterprise CRM deployments failing to deliver the expected benefits. To address this challenge, Duck Creek, with its Distribution Management product, has partnered with Vymo to offer its clients an intelligent and intuitive mobile front-end application for field agents and producers.

Vymo removes the difficulties associated with outdated, hard-to-use legacy systems. Its mobile-first interface is “context-aware” and automatically detects engagement activities and reports individual agent performance to line managers in real-time. This provides complete visibility into their teams’ day-to-day progress. Additionally, Vymo analyzes the master data source and offers contextual assistance to agency managers, helping improve productivity and avoid the need for manual CRM record updates.

“P&C insurance products require a high degree of customer involvement to understand their unique needs. Vymo’s mobile interface makes it easy for our partner insurers to deliver an outstanding buying experience that is tailored for each customer,” says Ken O’Sullivan, Sr. Director, Product Management at Duck Creek Technologies. “Vymo has developed world-class capabilities working with some of the largest insurance companies globally, and together, we look forward to helping our clients succeed,’ he adds.

 Yamini Bhat, CEO of Vymo, says, “We are excited to partner with Duck Creek Technologies’ leading SaaS platform for P&C insurers and offer our AI-enabled sales engagement platform to their customers. With Vymo’s intuitive interface and intelligent insights, insurance insurers will drive more business with their wholesaler/territory manager-driven distribution, faster speed to market, providing an exceptional customer experience.”

Vymo is trusted by more than 350,000 salespeople across 65+ global enterprises, including AIA, Berkshire Hathaway, and Generali. This partnership with Duck Creek Technologies will provide insurers with an end-to-end solution that simplifies their sales processes and helps them stay ahead of the digital transformation curve.

 

About Vymo

Vymo is the Sales Engagement Platform of choice for 350,000 salespeople across 65+ Global Financial Institutions such as AIA, Berkshire Hathaway, Generali, AXA, Sunlife, and HDFC Bank. The platform drives productivity bottom-up through nudges and interventions across the sales lifecycle.

Vymo is recognized by Gartner as a Representative Vendor in the Sales Engagement Market Guide and by Forrester as a ‘Strong Performer’ in the 2022 Wave Report on Sales Engagement Platforms.

Vymo has raised over $45M in funding from Sequoia Capital, Emergence Capital, and Bertelsmann Investments and is also a winner of CB Insights’ Demo Day and Microsoft’s ‘AI for All’ awards.

 

Resources

Watch Vymo in action – https://youtu.be/W8KODHivO_U

Explore platform capabilities – https://vymo.com/request-a-demo/

Comprehensive guide to Sales Engagement Platforms – www.vymo.com/seg

 

Media Contact

Gunjan Saha

pr@getvymo.com

The post Vymo and Duck Creek partner to deliver Superior Agent Management Experience for P&C Insurers appeared first on Press Releases.

]]> https://vymo.com/press/vymo-and-duck-creek-partner-to-deliver-superior-agent-management-experience-for-pc-insurers/feed/ 0 Salespeople vote Vymo as a Leader in Financial Services CRM on G2 https://vymo.com/press/salespeople-vote-vymo-as-a-leader-in-financial-services-crm-on-g2/ https://vymo.com/press/salespeople-vote-vymo-as-a-leader-in-financial-services-crm-on-g2/#respond Wed, 12 Apr 2023 11:03:35 +0000 https://vymo.com/press/?p=36584 The post Salespeople vote Vymo as a Leader in Financial Services CRM on G2 appeared first on Press Releases.

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Based on reviews collected by users, Vymo has been recognized as a Leader in G2 Spring 2023 Grid®  Report.

Vymo, the sales engagement platform of choice for the world’s leading financial institutions, has achieved a Leader ranking in the Financial Services CRM category on G2, the world’s largest and most trusted software marketplace. G2 scores and ranks products to help technology leaders compare and evaluate platforms and simplify the buying process.

Vymo G2 Leader Spring 2023 image

Vymo offers an industry-first one-tap mobile sales experience – comparable to the ease and convenience of leading B2C applications such as Uber, Amazon & Netflix. Its intuitive user interface seamlessly ties into an agent or relationship manager’s daily activities and helps them orchestrate customer engagements, automate workflow execution, and simplify sales reporting.

As a result, Vymo has set new benchmarks for enterprise applications, reporting a Daily Active Usage of over 75%, with users spending an average of 60 minutes on the platform every day.

Vymo captures sales activities automatically without any manual intervention and then nudges next best actions based on the winning behaviors of top performers. It helps sales functions improve sales productivity bottom-up and directly impact revenue outcomes.

“We’re thrilled with this recognition. Over the years, we have made significant investments on deep verticalization for BFSI and being the single pane of glass for our users across the globe. We’re glad that these efforts have paid off,” says Venkat Malladi, Co-founder & CTO of Vymo. “We are committed to providing the best and most innovative user experience to agents, relationship managers, wholesalers, producers, and other sales users in the Banking, insurance, and Financial Services industries,” he adds.

 

About Vymo

Vymo (https://vymo.com) is the Sales Engagement Platform of choice for 350,000 salespeople across 65+ Global Financial Institutions such as AIA, Berkshire Hathaway, Generali, AXA, Sunlife, and HDFC Bank. The platform drives productivity bottom-up through nudges and interventions across the customer lifecycle.

Gartner recognizes Vymo as a Representative Vendor in the Sales Engagement Market Guide and by Forrester in the 2022 Wave report on sales engagement platforms.

Vymo has raised over $45M in funding from Sequoia Capital, Emergence Capital, and Bertelsmann India Investments and is also a winner of CB Insights’ Demo Day and Microsoft’s ‘AI for All’ awards.

 

Resources

Watch Vymo in action – https://youtu.be/W8KODHivO_U

Comprehensive guide to Sales Engagement platforms – https://vymo.com/resources/ebook/seg/

G2 Grid® for Financial Services CRM – https://www.g2.com/reports/d86e1c29-fe34-4f5f-974e-97f4be5d6953/preview?product=vymo

 

Media Contact

Gunjan Saha

pr@getvymo.com

The post Salespeople vote Vymo as a Leader in Financial Services CRM on G2 appeared first on Press Releases.

]]> https://vymo.com/press/salespeople-vote-vymo-as-a-leader-in-financial-services-crm-on-g2/feed/ 0 Vymo recognized in the 2023 Gartner® Market Guide for Sales Engagement Applications https://vymo.com/press/vymo-recognized-in-the-2023-gartner-market-guide-for-sales-engagement-applications/ https://vymo.com/press/vymo-recognized-in-the-2023-gartner-market-guide-for-sales-engagement-applications/#respond Thu, 30 Mar 2023 10:01:09 +0000 https://vymo.com/press/?p=36586 The post Vymo recognized in the 2023 Gartner® Market Guide for Sales Engagement Applications appeared first on Press Releases.

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Vymo, the leading Sales Engagement Platform for Financial Institutions, has been recognized in the Gartner Market Guide for Sales Engagement Applications for the second time. The 2023 report provides objective insights to CXOs, Business, and IT leaders about how emerging sales & distribution technologies can benefit them.

Vymo solves over 18 industry-relevant use cases with AI nudges & industry playbooks.

 

Gartner notes, “Sales engagement applications streamline how sellers orchestrate sales activities and deal workflows at scale. They optimize seller productivity by combining three key capabilities into a single interface: multichannel engagement, workflow execution, and time-saving AI/automation.”

Vymo has emerged as the technology front end for financial institutions. It integrates with core systems and provides a 360-degree view of the customer in a single window. Vymo captures sales engagement activities automatically and learns what top-performing salespeople are doing. It identifies winning behaviors and creates engagement playbooks to build sales cadence at the organizational level. It unlocks the potential of your customer data and enables your salesforce to delight customers during every interaction.

Based on the report, “Vymo is recommended for distributed sales organizations operating in the banking, financial services, and insurance industries demanding a remote-first experience. ”

Get complimentary access to the full research: https://www.gartner.com/reprints/?id=1-2D1XXC4O&ct=230328&st=sb

“We are thrilled that Gartner has recognized us. Improving sales orchestration and execution has emerged as a big differentiator among top financial institutions to win new customers, build stronger relationships, and drive business profitability. We are proud to work with the largest banks and insurance companies in the world and continue to build the sales engagement category further,” says Yamini Bhat, CEO of Vymo.

In less than six weeks of going live, Vymo delivers tangible benefits to frontline agents, managers, and sales leaders. As a result, the Daily Active Usage (DAU) is 75%, which is comparable to even top consumer applications such as Instagram and Slack. Today, Vymo works with over 65 banks, insurance companies, and financial services institutions, including –

  • Top 20 banks in the world to double their growth in customer acquisitions;
  • Asia’s #1 Insurer: 5.4X increase in customer engagement;
  • Fortune 500 Life Insurer: 26% increase in lead conversion within a week

For more information, read  Gartner, Market Guide for Sales Engagement Applications, By Dan Gottlieb, Keith Jones, Roland Johnson, Amy Jenkins, Guy Wood, 27 March 2023.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s Research & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

 

About Vymo

Vymo is the Sales Engagement Platform of choice for 350,000 salespeople across 65+ Global Financial Institutions such as AIA, Berkshire Hathaway, Generali, AXA, Sunlife, and HDFC Bank. The platform drives productivity bottom-up through nudges and interventions across the customer lifecycle.

Vymo is recognized as a Strong Performer in the Forrester Wave for Sales Engagement.

Vymo has raised over $45M in funding from Sequoia Capital, Emergence Capital, and Bertelsmann India Investments.

For more information, visit www.vymo.com

 

Resources

Download the Report – https://pages.vymo.com/gartner-market-guide-for-sales-engagement-applications/

Watch Vymo in action – https://youtu.be/9saePnvir4M

Understand what Vymo can do for you- https://www.vymo.com/request-a-demo

 

Media Contact
Gunjan Saha

pr@getvymo.com.

The post Vymo recognized in the 2023 Gartner® Market Guide for Sales Engagement Applications appeared first on Press Releases.

]]> https://vymo.com/press/vymo-recognized-in-the-2023-gartner-market-guide-for-sales-engagement-applications/feed/ 0 Vymo strengthens its Operational Resilience to mitigate Cloud Risks for Financial Institutions. https://vymo.com/press/vymo-strengthens-its-operational-resilience-to-mitigate-cloud-risks-for-financial-institutions/ https://vymo.com/press/vymo-strengthens-its-operational-resilience-to-mitigate-cloud-risks-for-financial-institutions/#respond Tue, 07 Mar 2023 07:30:26 +0000 https://vymo.com/press/?p=36588 The post Vymo strengthens its Operational Resilience to mitigate Cloud Risks for Financial Institutions. appeared first on Press Releases.

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Vymo successfully demonstrated its Business Continuity & Disaster Recovery (BCP & DR) capabilities in the production environment, significantly improving the platform’s uptime.

Vymo, the world’s leading sales engagement platform for financial institutions, recently announced that it has upgraded its Business Continuity and Disaster Recovery (BCP & DR) capabilities and implemented built-in redundancies for data availability & protection. Vymo’s high-availability data architecture ensures customers have access to their data whenever they need it.

The challenge of resiliency and security remains a key priority for IT leaders across the banking and insurance industries. Regulators increasingly require service providers to have a strong business continuity strategy that will allow them to fulfill their responsibility to their consumers and prevent any service interruptions, like those during the pandemic.

Vymo’s approach to a lean and agile cloud playbook replicates data across multiple zones and regions. In the rare occurrence that a data center fails, customers can continue operating their business from the other data center without worrying about data loss. This improves the overall CSAT and allows customers to reliably run their businesses.

“Some of the world’s largest banks and insurance companies rely on Vymo to provide real-time and always-on data accessibility to their teams for supporting their customers. With the industry adopting a cloud-first approach, we are continuously improving our data infrastructure which is consistent with our client’s business operations. This further enables our customers to increase operational efficiency, streamline analytics and enable better decision-making to outpace industry changes,” says Venkat Malladi, Co-Founder & CTO of Vymo.

Existing customers are being migrated to the new cloud architecture without any disruption for end-users. Currently, Vymo is able to demonstrate a Recovery Point Objective (RPO) of less than 2 minutes and a Recovery Time Objective (RTO) of 4 hours.

“Our focus has been to provide stable cloud infrastructure to our customers. We are closely collaborating with our customers across North America & Asia to ensure a seamless transition to the new cloud architecture. Over the next few quarters, we are investing more on periodic recovery drills, technology upgrades to assist seamless data & services migration across data centers, and load testing of services to further improve our RTO & RPO benchmarks”, adds Sujay Koduri, SVP – Engineering at Vymo.

 

About Vymo

Vymo is the Sales Engagement Platform of choice for 350,000 salespeople across 65+ Global Financial Institutions such as AIA, Berkshire Hathaway, Generali, AXA, Sunlife, and HDFC Bank. The platform drives productivity bottom-up through nudges and interventions across the customer lifecycle.

Gartner recognizes Vymo as a Representative Vendor in the Sales Engagement Market Guide and by Forrester in the 2022 Wave report on sales engagement platforms.

Vymo has raised over $45M in funding from Sequoia Capital, Emergence Capital, and Bertelsmann India Investments and is also a winner of CB Insights’ Demo Day and Microsoft’s ‘AI for All’ awards.

 

Additional Resources

Watch Vymo in Action – https://www.youtube.com/watch?v=W8KODHivO_U

Talk to an expert – https://vymo.com/request-a-demo/

 

Media Contact:

pr@getvymo.com

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]]> https://vymo.com/press/vymo-strengthens-its-operational-resilience-to-mitigate-cloud-risks-for-financial-institutions/feed/ 0 Vymo Releases Comprehensive Guide to Sales Engagement, states “In 2023, AI will be able to intelligently guess customers’ financial needs and shorten sales cycles.” https://vymo.com/press/vymo-releases-comprehensive-guide-to-sales-engagement-states-in-2023-ai-will-be-able-to-intelligently-guess-customers-financial-needs-and-shorten-sales-cycles/ https://vymo.com/press/vymo-releases-comprehensive-guide-to-sales-engagement-states-in-2023-ai-will-be-able-to-intelligently-guess-customers-financial-needs-and-shorten-sales-cycles/#respond Thu, 12 Jan 2023 09:36:20 +0000 https://vymo.com/press/?p=36590 The post Vymo Releases Comprehensive Guide to Sales Engagement, states “In 2023, AI will be able to intelligently guess customers’ financial needs and shorten sales cycles.” appeared first on Press Releases.

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Vymo Releases Comprehensive Guide to Sales Engagement, states “In 2023, AI will be able to intelligently guess customers’ financial needs and shorten sales cycles.”

The report explains how contextual customer insights through a single pane of glass can drive sales productivity bottom-up.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

While the pandemic accelerated the digitization of customer interactions and internal operations, FSIs need to be faster in adopting new technology. Customers expect the same one-tap experience and convenience from their banks and insurance providers as they do with the likes of Uber, Netflix & Doordash. Yet, the average sales rep spends just 23% of their time interacting with customers – less than what they spend on admin tasks. 

Companies like Berkshire Hathaway, AIA, BNP Paribas, and Generali have deployed Vymo to capture customer engagement activities automatically, removing the need for manual sales reporting. Integrating with core systems, Vymo offers a 360-degree view of the customer to the agent, so he/she has a complete understanding of his/her needs. The ‘Comprehensive Guide to Sales Engagement’ serves as a checklist for enterprises transitioning from experience and intuition-based selling to data-driven selling – merging their sales process, applications, data, and analytics into a single pane of glass. 

Tom Ulrich, GM – North America of Vymo, says, “Insurance companies and banks are increasingly seeking solutions beyond their CRM to enable their agents and sellers to deliver the highest customer experience levels. A sales engagement solution like Vymo is like an intelligent, digital Rolodex for today’s sellers.”

As people become more cautious about where they are investing their savings and earnings, adopting predictive technologies will play a key role in helping incumbents transform their agents into trusted advisors to their customers.

The complementary guide is available for download on Vymo’s website at www.vymo.com/seg

 

About Vymo

Vymo is the Sales Engagement Platform of choice for 300,000 salespeople across 65+ Global Financial Institutions such as AIA, Berkshire Hathaway, Generali, AXA, Sunlife, and HDFC Bank. The platform drives productivity bottom-up through nudges and interventions across the customer lifecycle.

Gartner recognizes Vymo as a Representative Vendor in the Sales Engagement Market Guide and by Forrester in the 2022 Wave report on sales engagement platforms.

Vymo has raised over $45M in funding from Sequoia Capital, Emergence Capital, and Bertelsmann India Investments and is also a winner of CB Insights’ Demo Day and Microsoft’s ‘AI for All’ awards.

 

Resources

Download the report – www.vymo.com/seg

Learn more about sales engagement – https://vymo.com/why-vymo

Forrester Wave™: Sales Engagement, Q3 2022 Report: https://www.vymo.com/forrester-wave-sales-engagement-2022/

 

Media Contact

Gunjan Saha

pr@getvymo.com

The post Vymo Releases Comprehensive Guide to Sales Engagement, states “In 2023, AI will be able to intelligently guess customers’ financial needs and shorten sales cycles.” appeared first on Press Releases.

]]> https://vymo.com/press/vymo-releases-comprehensive-guide-to-sales-engagement-states-in-2023-ai-will-be-able-to-intelligently-guess-customers-financial-needs-and-shorten-sales-cycles/feed/ 0 Independent Research Firm Recognizes Vymo among Notable Financial Services CRMs https://vymo.com/press/independent-research-firm-recognizes-vymo-among-notable-financial-services-crms/ https://vymo.com/press/independent-research-firm-recognizes-vymo-among-notable-financial-services-crms/#respond Sun, 01 Jan 2023 16:33:30 +0000 https://vymo.com/press/?p=36578 The post Independent Research Firm Recognizes Vymo among Notable Financial Services CRMs appeared first on Press Releases.

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Vymo has been recognized among notable vendors by Forrester, one of the most influential research and advisory firms in the world, in ‘The Financial Services CRM Landscape, Q2 2023’ report.

Press Release
Forrester recognizes Vymo as a notable Financial Services CRM in its latest report.

The financial services industry is increasingly considering deploying CRM solutions that are tailored to their specific needs. An industry-focused solution can impact top-line metrics such as improvement in sales productivity & number of deals closed per rep. But a one-size-fits-all approach of horizontal CRM systems falls short in customizing the user experience required for frontline agents and managers. As a result, many enterprise CRM deployments fail to yield the expected outcomes due to challenges with poor user adoption and change management.

“At the heart of any great customer experience are employees who engage with customers and prospects and ultimately win their business,” says Yamini Bhat, CEO of Vymo. “We are proud to be recognized by Forrester as among the notable financial services CRM solutions providers. Our platform sees exceptionally high adoption rates, which are comparable even to apps such as Instagram and Slack. We continue to invest in understanding how market conditions are evolving so our clients are always ready to support their customer engagements.”

Vymo’s sales engagement platform is designed to reduce repetitive work and help agents focus on the right activities at the right time, enabling them to better engage with customers.

Frontline agents use Vymo’s intuitive mobile application to automatically capture and record customer engagements, giving their managers real-time visibility of on-ground activities. Its proprietary AI-generated nudges and suggestions help salespeople focus on profitable sales activities. With over 3 million “next best action” delivered every month, it has successfully driven behavioral change bottom-up at scale.

Vymo has been deployed for top banks & insurers around the globe to modernize their sales processes. Unlike traditional CRM systems that have an average user adoption rate of less than 30%, Vymo reports that over 75% of its users perform activities on the platform on a daily basis.

 

About Vymo

Vymo is the Sales Engagement Platform of choice for 350,000 salespeople across 65+ Global Financial Institutions such as AIA, Berkshire Hathaway, Generali, AXA, Sunlife, and HDFC Bank. The platform drives productivity bottom-up through nudges and interventions across the customer lifecycle.

Gartner recognizes Vymo as a Representative Vendor in the Sales Engagement Market Guide.

Vymo has raised over $45M in funding from Sequoia Capital, Emergence Capital, and Bertelsmann India Investments and is also a winner of CB Insights’ Demo Day and Microsoft’s ‘AI for All’ awards.

 

Relevant Links

Know more about Vymo – https://vymo.com

Watch how Vymo can help convert more leads – https://youtu.be/W8KODHivO_U

Listen to Gordon Ritter (Founder & General Partner, Emergence Capital) speak about the deskless workforce – https://youtu.be/9CvjfYOj6SI

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