Monday, April 9th
4:00pm – 5:00pm
James Brunnquell, CTP, Senior Vice President, Phoenix-Hecht
The number of companies planning to issue an RFP for treasury services or replace a credit bank are at an all-time high. What are the causes of this churn? Has the glue to the relationship become technology and service instead of credit? Are your existing banks still partners, or are they becoming interchangeable vendors?
The selection and management of bank relationships are the keys to reducing both direct bank fees as well as the time and staffing levels required of your treasury, cash application, and accounts payable groups. Price, technology, quality of service, and the ease of doing business are the cornerstones for controlling these expenses.
In this session, we will review data-driven steps that participants can take to ensure that they find and maintain the “right” bank relationship(s) in a world of faster payments.