Dispel the fog
Active bank relationship management means, that you know more about your relation than the bank does. Enjoy!
Monitoring your bank fees will save you 10% on cash management fees. An excellent start into bank relationship management. Checks on interest calculations, guarantee fees and financing fees are the next step.
Switch any communication with banks to electronic formats. This will take some time but will pay off in the long run.
Who gets how much, who is taking risk, and engages in risk-free business? A cornerstone of fair bank relationship management.
Most relevant bank data already exist in some systems. Create a place where all this data can be collected automatically using smart interfaces.
Simple, fast and flexible reports allow you to delve down into a relationship and compare different banks with one another.
Prepare for bank meetings
Preparing for a bank meeting should be possible at the click of a button. Including all the banks data but also comparisons with other banks.
Document bank meetings
Document any interaction with the bank. This will come in handy for follow-up meetings.