Digiliti Money Reviews | Glassdoor

Digiliti Money Reviews

Updated June 7, 2017
17 reviews

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2.3
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Jeffrey Mack
11 Ratings

17 Employee Reviews

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  1. Helpful (2)

    "Yelling and crying in conference rooms: a recipe for turnover."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Digiliti Money full-time

    Pros

    Decent benefits, hardworkers with drive, competitive atmosphere.

    Cons

    No standardization of process, constant infighting, high turnover. Zero career path in a company with a risky financial future.

    Advice to Management

    Make a strong effort to invest in your employees and reduce turnover. Build a team instead of throwing contractors at problems.


  2. Helpful (1)

    "The little shop of management horrors"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Digiliti Money full-time

    Pros

    I'll say this much: the work is interesting. It's a fascinating industry they're in, and with the necessary emphasis on security, it makes for an enlightening journey into banking.

    Cons

    I think you can boil their problems down to one word: bullying. Senior managers bully leads, leads bully the worker bees.

    Advice to Management

    You have created an intolerable work environment. Once you do your IPO, or get bought up by someone with deep pockets, let them have the problems, and go try doing something else.

  3. "Great Place to Work if You Have Drive"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chanhassen, MN
    Current Employee - Anonymous Employee in Chanhassen, MN
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Digiliti Money full-time (More than a year)

    Pros

    No limitations on advancement.
    Leadership has a clear vision on where it is heading.
    First class technology and immense talent in the company.
    Great pay, benefits, and perks.
    Everyone supports one another, we truly are one team.

    Cons

    Communication between departments could be better (no worse than anywhere else I've worked)

    Advice to Management

    Have more communication flow downward.


  4. "Excellent Benefits and Opportunty for Career Advancement"

    StarStarStarStarStar
    Current Employee - Anonymous Employee in Chanhassen, MN
    Current Employee - Anonymous Employee in Chanhassen, MN
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Hot products and high industry demand! Company is fast growing and now has a very impressive client base. The benefits are excellent and better than at any other company where I've worked. Entrepreneurial, motivated and talent employees have a real opportunity to shine and grow. The offices are also very nice and co-workers are supportive. I also love the Friday pizza, celebrations/events, and especially the quarterly bonuses.

    Cons

    Not too much to say here as I've worked for young companies before and understand the high expectations and need for hard work and periodic overtime. More process and communications around product development would be helpful though.

    Advice to Management

    Sharing company vision and strategy for the longer term would be appreciated. Better training for Sales and more time to establish their territories would also be good as the sales cycle can be long for some products.


  5. Helpful (1)

    "OK Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Digiliti Money full-time

    Pros

    Great people, free pizza on friday. Opportunities to advance if you perform.

    Cons

    Revolving door in sales. Change territories frequently. Lots of people get laid off or fired for a company of only 50 people.


  6. "Great Company if you are entreprenurial and driven"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales in Eden Prairie, MN
    Current Employee - Sales in Eden Prairie, MN
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Company provide sales training, inside sales team making outbound sales, CRM with leads and hires sales pro's to hunt and close. The company is clear when you are hired for sales that you need to contribute within the first 90 days. Comp plan is tremendous, without any caps.

    Cons

    High pace, high energy, sometimes chaotic

    Advice to Management

    Have more company meetings, be a bit more transparent.


  7. Helpful (2)

    "Horrific change Management here.....Leadership has 1 opinion"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales in Eden Prairie, MN
    Former Employee - Sales in Eden Prairie, MN
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Free purple shirts and Friday Pizza. Not enough information to build any case here

    Cons

    No continuity in sales/process management. Leadsership expects sales/results in 60-90 days which is un-realistic when selling into Financial Institutions. Nice people, bad leadership.

    Advice to Management

    Step Back, bring in true business leadership and let them do their jobs

  8. Helpful (2)

    "Poorly managed!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Account Executive
    Former Employee - Account Executive
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Digiliti Money full-time (More than a year)

    Pros

    Good technology making a splash in the Financial Institution industry. Good people in operations, great support personnel and able to deliver if you can get a deal over the finish line.

    Cons

    Over promise and under deliver. They act way too big for their actual size. Haven't broken even and stuck in startup mode. Revolving door in Sales department. Say one thing and mean another. They want sales to build pipeline and focus on relationships, but want results in weeks without giving any chance after every change. Change territories way too often causing chaos and confusion for any reputable sales rep to build/maintain/work territory or pipeline.

    Advice to Management

    Unfortunately, you went public too soon, so that cat is out of the bag. Advice would have been, don't go public until you're actually EBITDA positive or have stronger revenue numbers. Your IPO was premature. Realize what you are, (a young startup) that has major challenges in the market place. You have to realize that FI's are conservative and while they may want what you have to offer, they're NOT going to buy from you because of your age and will be very cautious even if they do choose you. It will take time to get over this hump and yet you don't realize it or plan for it. Plan for these challenges and you MAY succeed.


  9. Helpful (2)

    "Don't waste your time"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Very talented people on the IT side of the house

    Cons

    Politics, unethical, uncaring. This place is the equivalent of an oligarchy.

    Advice to Management

    Take care of your employees. They ARE your assets. You will never grow if the CEO doesn't allow VPs to do the jobs for which they were hired.


  10. Helpful (1)

    "Great company, nice atmosphere, room to grow"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Digiliti Money full-time

    Pros

    Every workday is different, input is highly regarded, collaborative environment, talented staff, great benefits, progressive tech company. You work hard, you get rewarded. You slack-off and don't get anything done, you get booted.

    Cons

    Nothing to complain about business wise, I do wish HQ were closer to my home


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