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The Top 3 Reasons We Don’t Build Financial Services Cloud Data Models on Sales Cloud

Sikich

May 18 2023

2 min read

As the adage goes, “the customer is always right.” However, we wouldn’t be fulfilling our mission of providing the best customer service possible if we agreed to every request without at least presenting alternative solutions that we know to be more cost effective, more efficient, and better suited to their goals.

That’s why when customers ask us if we can build the Financial Services Cloud data model on Salesforce’s Sales Cloud platform, we tell them, “Yes, sort of,” but “No, we won’t.”

WHY YOU SHOULDN’T BUILD FINANCIAL SERVICES CLOUD DATA MODELS ON SALES CLOUD

We’re glad you asked! There are several reasons we recommend that our clients in the insurance industry and across the financial service sector, such as wealth management, mortgages, and banking choose Financial Services Cloud over Sales Cloud.

Benefits of regular Financial Services Cloud updates and new functionalities
Salesforce introduces new enhancements to FSC three times a year, which aren’t available in custom-built solutions. By choosing FSC, you’ll have access to these features as they roll out, and pass the benefits along to your agents and customers as well.
Experience better integration with third-party financial services platforms
As Financial Services Cloud becomes the preferred platform of the financial services industry, many third-party financial services companies are developing integrations exclusively for FSC. By choosing FSC over Sales Cloud, you’ll be able to utilize these tools too.
Save money and time.
As a platform designed for insurance agents, bankers, mortgage brokers, and wealth managers, Financial Services Cloud is a more cost-efficient and flexible solution for financial services firms than a custom-built CRM system.

WANT TO LEARN MORE ABOUT HOW FINANCIAL SERVICES CLOUD CAN TRANSFORM YOUR BUSINESS?

Salesforce Financial Services Cloud is a revolutionary tool for the financial services industry that can help you streamline and enhance your systems, and expand your business while providing a superior customer service experience. Contact Sikich today to find out all that FSC can do for you.

This publication contains general information only and Sikich is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or any other professional advice or services. This publication is not a substitute for such professional advice or services, nor should you use it as a basis for any decision, action or omission that may affect you or your business. Before making any decision, taking any action or omitting an action that may affect you or your business, you should consult a qualified professional advisor. In addition, this publication may contain certain content generated by an artificial intelligence (AI) language model. You acknowledge that Sikich shall not be responsible for any loss sustained by you or any person who relies on this publication.

About the Author

Sikich

Sikich is a global company specializing in technology-enabled professional services. With more than 1,900 employees, Sikich draws on a diverse portfolio of technology solutions to deliver transformative digital strategies and is comprised of one of the largest CPA firms in the United States. From corporations and not-for-profits to state and local governments and federal agencies, Sikich clients utilize a broad spectrum of services* and products to help them improve performance and achieve long-term, strategic goals. *Securities offered through Sikich Corporate Finance LLC, member FINRA/SIPC. Investment advisory services offered through Sikich Financial, an SEC Registered Investment Advisor. 