Bank Fees

Question: |

Are you paying too much?

Benchmark your bank fees to find out

Is your structure efficient?

Ask a trusted advisor to find out

Are you paying too much in Bank Fees?

Have Treasury Suite review your account analysis statements and find out


 

Treasury Suite will do all the work and you'll enjoy all the savings. The bank fee review consists of the following quick steps:

 

  • Send your most recent account analysis statements
  • Treasury Suite will run them through its proprietary benchmarking tool
  • You’ll receive an easy to follow report containing a detailed comparison of your fees along with suggestions for optimizing your bank account structure and services
  • Use the benchmark report to talk with your bank(s) to negotiate cost savings and more efficient account services and structure


Treasury Suite’s clients that utilize the bank fee review generate ongoing monthly cost savings and the ROI on the cost of this benchmarking program is typically less than 3 months!

 

Treasury Suite will even conduct a free review of one of your banks – just ask for the free bank fee review.

Additional benefits include:

  • Enable your resource-constrained treasury staff access to actionable analyses in minimal time
  • Track the increasing number of services you receive from your bank(s)
  • Treasury Suite automates the organizing and rationalizing of complex data...a tedious chore that is not the best use of your team's talent or time

Check out a few Treasury Suite Bank Fee Benchmark recent success stories:

Benchmarked the main bank for a rapidly growing, internet-based, global travel and hospitality company:

  • Their bank provided 20% cost savings, 10% of which was an automatic reduction after bank learned company was using Treasury Suite

Benchmarked two banks for a diversified billion-dollar entertainment and automotive group and identified savings for each bank:

  • Bank 1: between $55,000 to just over $330,000 annually, or 14% and 82% of total fees

  • Bank 2: between $60,000 annually to just over $245,000 annually, or 22% and 87% of total fees

Benchmarked and compared two bank RFPs for a billion-dollar international beverage company:

  • Provided side-by-side comparison and benchmarked pricing of pricing listed on the RFP

  • Helped company reduce final RFP list pricing by over 20%

Benchmarked specific accounts for global internet security firm:

  • “I highly recommend the Treasury Suite Bank Fee Review. The analysis provided was instrumental in helping me negotiate a 26% reduction in my ongoing monthly bank fees. The ROI was compelling - the review paid for itself in less than two months.” Charles Edington - Director of Global Treasury, DigiCert

Benchmarked main bank for a billion-dollar global nutritional and lifestyle company:

  • Identified between $96,000 to $300,000 in annual savings

  • Company successfully negotiated 15% fee reductions

Request More Information

Let our trusted advisors help you save time and money with an intuitive and powerful treasury workstation as well as benchmark your bank fees and optimize your account structure.


Phone:

1.866.792.2887


Address:

299 South Main, 13th Floor
Salt Lake City, Utah