Principles and Options for Bank Fee Management

​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.