Some recent Bank Charge savings for our clients
(2 votes, average: 5.00 out of 5)
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A client in Surrey asked us to review annual banking charges of £103k that included cash processing costs of £78k. Our review identified simple changes, with full and enthusiastic help of their bank, which produced yearly savings of £46k.
A national retailer client asked us to tender their banking where costs totalled £282k a year. Working on some modest process changes, with a bank that we knew had a competitive advantage matching their specific needs, we implemented a change that saves them £223k pa.
It’s not all about large amounts. A Cheshire business recently saw us secure savings of £8.7k on annual costs of £14.4k mainly by agreeing a different way of processing their business with their bank. As in the first case, the bank manager was fully supportive of the change.
- One of Expense Reduction Analysts most experienced and widely respected consultants, Steve joined ERA after a successful bank management career.
- A highly effective negotiator, Steve heads ERA's UK Banking Team in projects that gain significant savings for clients of all sizes and industries.
- A recent "Associate of the Year", Steve has successfully used his skills to achieve significant savings for clients ranging from family businesses to quoted international groups.
At Expense Reduction Analysts we are frequently asked to review the waste and medical supplies costs associated with Nursing
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