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Managing Account Analyses – Key Components of a Best in Class Bank Fee Management Program

Jacob Nygren, Principal, Treasury Strategies
David Stutts, CPA, Senior Vice President, Stewart Title

Treasury Strategies estimates that companies spend nearly $20 billion per year on bank treasury management services in the U.S., and more than $200 billion worldwide. Corporate treasurers who optimize their use of these services enjoy accelerated cash flow, improved risk management, higher investment income and quality information, all at a reasonable cost.

Treasury Strategies and Stewart Title will discuss key components of a best in class bank fee management program to optimize your bank transaction spend by analyzing your bank fee analyses statements, including:

  • Technology to automate account analysis – PDFs, EDI, TWIST files
  • Managing bank services at the product family level vs. line item level
  • Specific services used to get the most bang for your buck
  • Benchmarking to ensure fair pricing
  • Consolidating volume for scale economies

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