Banking Optimization
Working with Bankhawk, Companies can now leverage their historical banking data using data mining, market intelligence and benchmarking to drive profitability within weeks with very little effort.
Banking Cost Audit
Corporations employ Bankhawk to audit of their banking costs, including fees, interest margins, and FX margins. Most companies pay more than they should for their banking services or miss out on opportunities to improve their cash flow and profitability.
Bank Interest Margin Optimization
Working with Bankhawk, companies can easily audit and benchmark their interest margins.
Bank Fee Optimization
We ensure bank fees are categorized and counted correctly. At Bankhawk, we help companies gain a clear and comprehensive view of their banking costs, across all banks, accounts, and currencies. We also help track and measure banking performance and trends, and identify any issues or risks.
Cash Management
For corporations, cash is their largest tangible asset. Working with Bankhawk, they can ensure that their return on cash is optimized without compromising their risk or liquidity.
FX Margins Optimization
We also certify whether FX rates have been applied correctly and compare company costs with market rates and best practices. Our team also identifies potential savings and opportunities.
“Conscious that Bankhawk was helping other insurance companies to reduce their banking costs, RSA engaged them to assist us in optimizing our banking and payments activity.
Bankhawk prepared an initial business case that convinced us there was substantial value to be secured in tendering our long-held banking arrangements. They partnered with us to tender the business and select our new provider.
Bankhawk then played a key role in the implementation, both advisory and hands-on role, of a new best-in-class banking and payments operation. This was a complex project given our legacy arrangements.
They fully understood our requirements and challenges, helping us to navigate through the migration.”
— Kerry McConnell, Group Investor Relations Director, RSA Insurance PLC