Q: Why should I employ Consultants to review my banking and treasury operations?

A: Because, second only to company payroll, the cost of Finance and Banking is typically a company's biggest overhead. Banking arrangements, like those of any other suppliers, should be reviewed periodically by independent professionals. Banking costs are, unfortunately,  not transparent and cost and service benchmarks are not readily accessible

Q: What areas does the Review typically cover?

A: It includes:

• Borrowings
• Working capital arrangements

• Investments
• The bank account structure and, commonly,the  client’s use of a treasury system
• Corporate Risk policy on

     Liquidity
         Interest and currency

• Bank interest calculations and other pricing
• The desirability of tendering specific requirements

Q: How is it possible, to identify the benefits of a Finalysis review?

A: Before commencing its review, Finalysis discusses and agrees the "baseline" with the client (ie the current status of the company's affairs), against which it must deliver measurable value, but first noting any changes proposed by the client itself to that baseline.

Q: Will this review upset our existing good banking relationships?

A: No!!

Reports are prepared by consultants who, as former bankers, recognize the importance of having and maintaining sound banking relationships. Further, if report recommendations are considered by the client to be insensitive or aggressive, the client is free to defer or reject these entirely.

Q: What benefits should I expect from this review - and will they continue in later years?

A: Over many reviews and across all business sectors, Finalysis has consistently found that it can deliver benefits of at least €/$1000 for each €/$1 million of corporate turnover.( an observation which will vary with the size and structure of the client)

Note:In today’s recessionary climate it is especially important for the Corporate to have an advocate, able to present the client in the best possible light to its bank and to ensure that the client’s interests are safeguarded in terms of liquidity and value for money.
Cost and relationship  benefits repeat annually - and also increase with corporate growth.