by Brian Weeks | Mar 20, 2023 | Registration, Webinars
Continuing the series on bank relationship management, we transition now to bank account management and structures. Properly designing the cash management structures is vital for operational efficiency and control. Banking structures, for most corporations, will include multiple banks, and several longstanding principles and techniques are being supplemented with new structures. Turmoil in the banking sector has caused a revival for operational backup structures to strengthen the risk management footing of the organization. Additionally, the process and tools of bank account management can look notably different depending upon the organization’s complexity and size. This session will highlight many of the key details from both of these components.
by Brian Weeks | Feb 27, 2023 | Replays, Webinars
Companies are well-served by understanding the competitive position of interest rates, ECR, and bank fees in times of stability. It is far more urgent in times of rapid change and high volatility that treasury groups monitor this activity more closely and secure competitive rates quickly. As the steward of good bank management, today’s treasurer wants to feel confident that the team is optimizing bank relationships, including fee structure. Being armed with data allows you to have a reasonable discussion with your banker about the overall compensation you are providing them. Any relationship with your bank includes a number of crucial factors, and not just fees alone. Key factors include the level of credit extended; advice and guidance provided; services and service level delivered; commitment to the relationship; fees, rates, and overall compensation. Strategic Treasurer’s series on bank fee management will educate the profession on the following: Fair transparent market pricing and data for reasonable discussions with your banks.Tracking ECR to make good investment/budget decisions.How has ECR been changing generally and with the rates paid to banks?How delayed ECR movements or shifts are, if at all?Optimizing your service lineup for efficiency and controls.Reducing fees by eliminating unnecessary services.Ensuring fee spend matches banking priorities (share of wallet).
by Brian Weeks | Nov 2, 2022 | Webinars
Managing bank fees through active monitoring of your analysis statements is typically on the to-do list but it rarely gets checked off as complete. Perhaps you are putting out a myriad of fires and the idea of getting out a magnifying glass to manually dig into your bank invoices is less than appealing. Is that something your team should even be doing? In this session we will help you understand the practical, operational, and strategic elements of effectively managing bank relationships and handling the mundane and vital process of managing expenses. This session will include a brief case study covering a multi-national corporation’s review of global bank fees and strategic ongoing management of their bank relationships. Corporate practitioner takeaways will include: 1) ways to architect your bank fee management process and 2) benefits of bank fee analysis and benchmarking.
by Brian Weeks | Jun 6, 2022 | Webinars
Managing bank fees through active monitoring of your analysis statements is typically on the to-do list but it rarely gets checked off as complete. Perhaps you are putting out a myriad of fires and the idea of getting out a magnifying glass to manually dig into your bank invoices is less than appealing. Is that something your team should even be doing? In this session we will help you understand the practical, operational, and strategic elements of effectively managing bank relationships and handling the mundane and vital process of managing expenses. This session will include a brief case study covering a multi-national corporation’s review of global bank fees and strategic ongoing management of their bank relationships. Corporate practitioner takeaways will include: 1) ways to architect your bank fee management process and 2) benefits of bank fee analysis and benchmarking.
by Elizabeth Jeffery | Mar 16, 2022 | Webinars
Managing bank fees through active monitoring of your analysis statements is typically on the to-do list but it rarely gets checked off as complete. Perhaps you are putting out a myriad of fires and the idea of getting out a magnifying glass to manually dig into your bank invoices is less than appealing. Is that something your team should even be doing? In this session we will help you understand the practical, operational, and strategic elements of effectively managing bank relationships and handling the mundane and vital process of managing expenses. This session will include a brief case study covering a multi-national corporation’s review of global bank fees and strategic ongoing management of their bank relationships. Corporate practitioner takeaways will include: 1) ways to architect your bank fee management process and 2) benefits of bank fee analysis and benchmarking.
