Planbox’s ‘strong API’ will facilitate Kindred’s co-creation activities and concept development
Montreal, Quebec — Planbox, a pioneer in cloud-based, AI-powered agile innovation management solutions, today announced its platform has been selected by Kindred Credit Union, a member-owned financial cooperative offering a complete range of banking, investing, and borrowing products and services.
Kindred will use Planbox as a co-creation platform for idea management to discover potential efficiencies and drive the best business ideas toward implementation more quickly and effectively. With Planbox, Kindred will enable employees across all branches, including the head office and work-from-home settings, to contribute and collaborate on ideas, identify business challenges, and co-create solutions that improve member service and further its purpose. Kindred aims to eventually extend this collaborative capability to its nearly 25,000 members.
Following an in-depth evaluation that considered 15 innovation management systems, Kindred ultimately selected Planbox, the top-ranking platform having received the highest score in strategy and current offering in The Forrester Wave: Innovation Management Platforms, Q1, 2020. Kindred was drawn to the agile innovation platform’s superior level of flexibility that will adapt to their needs as they evolve, as well as Planbox’s advanced integrations that seamlessly connect Kindred’s innovation system with an array of internal tools, and allow Kindred to manage collaborative concept development from inception to implementation with greater ease, speed and agility.
“We’re excited to move our business adaptiveness and resiliency efforts forward with this scalable, flexible agile innovation platform,” says Nolan Andres, Kindred’s Chief, Technology and Innovation. “We look forward to exploring how Planbox can provide a space for staff and members to work with us to co-create actionable solutions that improve member services and further our purpose. And given its strong API and out of the box connectivity, we’re excited that we will be able to integrate Planbox with our other systems to create a seamless user experience.”
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About Planbox
Planbox is the pioneering agile innovation management platform software provider for full lifecycle Innovation Portfolio Management, Emerging Tech Empowerment and Ecosystem Enablement. Planbox is recognized by Forrester as the top-ranking innovation management platform in the marketplace, having received the highest score in strategy and current offering in the Forrester Wave: Innovation Management Platforms, Q1, 2020. As the most robust and scalable platform on the market, we empower our clients to discover, collaborate and capitalize on the best strategically aligned concepts with their ecosystem of employees, customers, suppliers, partners, startups, academia, government and the general public to pursue breakthrough innovations, create a sustainable continuous improvement program, build a framework for corporate venturing and action on consumer insights. With over 20 years of domain expertise, 400 enterprise deployments, 5M participants and $10B of realized ROI for customers, Planbox’s AI-powered cloud-based agile innovation solutions accelerate business outcomes for some of the world’s most recognized brands, including Whirlpool, Dow, Novartis, ExxonMobil, Cargill, Bobcat, Honeywell and Sun Life.
In 2020, Planbox acquired IdeaConnection, the best-in-class open innovation platform and expert solver network. IdeaConnection by Planbox provides access to millions of diverse and brilliant minds and a global network of 20,000+ multidisciplinary experts and world-class facilitators in more than 180 countries, with an 80% solve rate for open innovation services such as public and confidential challenges, crowdsourced tech scouting and prior art search.
About Kindred
Kindred Credit Union (Kindred) is a member-owned financial cooperative based in Kitchener, Ontario. Kindred’s values-centred approach is woven into everything we do and makes us the one-of-a-kind choice for people across Ontario who want to connect their values and faith with their finances. Kindred has eight full-service branches in southwestern Ontario offering a complete range of banking, investing, and borrowing products and services.