Treasury Fee Optimization Services
Banks depend on fees to grow profits.
SIB reduces your fee outlay for treasury services.
Increase financial agility with 25-35% average reduction in treasury service fees.
Achieve best-in-class pricing
Reduce transaction costs and errors associated with treasury fees and merchant services while improving the efficiency of your treasury operations.
Preserve banking relationships
Streamline and lower bank fees without cutting services or threatening your banking relationships
Mitigate risk and expand options
Understand risk exposure and achieve greater flexibility and negotiating leverage by exploring a multibank approach, assessing banking proforma and bids for alternative partners and solutions, and diversifying banking relationships
Safeguard your financial future
Protect assets, cut costs, enhance yields, optimize earnings credit rates, and explore investment opportunities to build financial health and improve corporate liquidity
Assess your current accounts, services, volumes, and spend to identify gaps and opportunities to streamline and reduce fees without impacting service levels. SIB supports corporate treasury optimization by reviewing at all bank transaction and merchant service fee invoices and data to find savings and correct billing errors. SIB’s financial fees spending review includes account maintenance, depository services, information reporting, lockbox services, ACH, wire transfers, credit card processing fees, NSF, and more.
Benchmark transactions, volumes, and spend profile against market rates and comprehensive real-time comparative data to secure best-in-class pricing for the services and volumes your business needs. Our database of 500,000+ pricing benchmarks in 200,000+ accounts across multiple spend categories provides the insight needed to more successfully negotiate lower costs.
Successfully negotiate contracts, fee structures, fee lock agreements, and back value with current or potential new banks and service providers. We work with your chief financial officer and treasury team. We meet with bankers on your behalf, bringing the industry expertise and data to the table, along with a commitment to understanding your treasury management system, financial needs and how you use your bank. We negotiate more advantageous terms and fee structures without downgrading services or jeopardizing your existing banking relationships.
Realize immediate and ongoing value optimized treasury fees. We confirm new pricing structure and discounts, validate the accuracy of future fees, and continuously seek new opportunities to increase your financial advantages, achieve improved efficiency and secure additional savings opportunities.
Resources and Case Studies
Meet Our Treasury Service Experts
Let us provide you with a trusted, experienced bank and treasury consultant with the skills, industry knowledge, and data to improve your banking relationship while saving you money.
Finley Horner
Vice President, Treasury Management
Drew McLean
Senior Vice President, Client Success
Sean Fox
Executive Vice President
Insurance
Reduce insurance costs by an average of 11%
Protect your business and your bottom line with rightsized health insurance and benefits coverage and lower premium costs. We help you understand risk and navigate the complex insurance environment to get high-value services while lowering your overall insurance spend.
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Payroll Processing
Cut payroll processing fees by an average of 24%
Smart businesses invest in people—not in redundant or unnecessary payroll processing services and fees. Optimize your payroll processing solution to simplify, save, and better meet your company’s human capital management needs.
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Property Taxes
Reduce property taxes by an average of 8%
Saving money on property taxes starts with knowing the true market value of your commercial real estate assets. We empower you with the data and expertise to know your portfolio’s real worth and ensure fair and accurate taxes for the long term.
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Shipping and Fulfillment
Save an average of 18% on small parcel and 3PL
Be empowered to strategically, confidently, and successfully secure the shipping terms you deserve. Through audits, contract optimization, and greater visibility, our team of experts with backgrounds in sales and pricing at major carriers will help you access better rates and transit times, so you can serve your customers better and save money doing it.
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Technology (SaaS/IT)
Unlock up to 26% savings on IT expenses
SaaS subscriptions, internet services, printing and copying, and other IT services keep your business operational. But usage needs change over time, and complex rate structures, contracts, and costs don’t always keep pace. An IT expense audit typically turns up major cost reduction opportunities with companies standing to save an average of 8% on SaaS subscriptions and 26% on printer and copier services through rightsizing, billing error reduction, and price optimization.
Telecom
Secure 28% average savings on telecom solutions
Saving money on telecom goes beyond removing costly billing errors to ensure rightsized networks and efficient network design. A comprehensive approach to optimization and modernization helps you save today while preparing for the technology and security demands of tomorrow.
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Utilities
Save an average of 11% on energy and utilities
Get the power to optimize your energy spend with better rates, more reliable service, and reduced billing errors. Beyond procurement, audits, and bill pay, we introduce new efficiencies and support sustainability to create best-in-class energy programs.
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Waste + Recycling
Capture 30% average savings on waste and recycling
Take control of your waste and recycling programs from end to end with better program design, pricing, management, and reporting. By optimizing services, rates, and contract terms, you can take the waste out of waste management.
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Other Operating Expenses
Spend smarter on everyday spend areas
From linen and laundry, to uniforms, document storage, food costs, maintenance, medical supplies, and more, we can help you tackle all your spend areas to reduce costs and ensure the greatest value for your business.
Learn moreSee How We Can Help You Spend Smarter
Get started easily and quickly with a no-risk, comprehensive evaluation of your vendor transaction history and put our market intelligence and industry expertise to work.
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