Did you know that 90% of intranet projects fail in financial services due to poor user experience and low adoption rates? (Gartner) For banks, insurance providers, and accounting firms, this isn’t just an IT problem—it’s a compliance and operational risk. Outdated intranets lead to inefficiencies, frustrated employees, and even regulatory breaches. In fact, 31% of employees rarely or never use their company intranet, leaving critical information unaccessed and collaboration fragmented. (Nielsen Norman Group)
But there’s a solution: Powell Intranet. Designed specifically for the financial sector, Powell addresses these challenges with centralized governance tools and AI-powered search. For example, a global bank reduced compliance breaches by 30% after implementing Powell’s governance features. By automating site provisioning and enforcing role-based permissions, Powell ensured that only authorized personnel could access sensitive information, significantly reducing the risk of data vulnerabilities.
Moreover, Powell’s AI-powered search allows employees to quickly locate critical documents, such as policy updates or client records, reducing the time spent on manual searches by 25-30%(McKinsey) .This is especially valuable in fast-paced environments like financial services, where every second counts.
The financial services industry can’t afford to ignore the pitfalls of outdated intranets. With compliance risks, operational inefficiencies, and low employee engagement at stake, the need for a modern solution is urgent. Powell Intranet offers a tailored approach, combining AI-powered search, centralized governance, and role-based personalization to meet the unique needs of financial institutions. Investing in a modern intranet can streamline compliance, boost productivity, and create a digital workplace that empowers your teams to thrive.
Ready to fix your intranet and streamline compliance? Discover how Powell Intranet can help, schedule a demo today!
Want to learn why traditional intranets fail in financial services and how Powell can transform your organization? Download the Why Intranets Fail white paper today!