Optimise your Banking Activity

Optimise your banking activity quickly and easily using your Banking Data

Bankhawk Analytics can help you reduce your company’s Banking Costs using our team of analysts and ground breaking Banking Analytics Software.

Establish what your banking costs are (including hidden costs like interest and FX margins). Are you overpaying for your banking? Benchmark your costs against the market and learn how to reduce your costs.

Bank fees and charges vary significantly for companies according to a number of factors but are primarily driven by the volume of day to day bank transactions and the level of working capital facilities.

For B2C businesses like retailers, hotel groups and utility providers, bank fees and charges will be driven by the volume of consumer transactions and working capital requirements.

Discover opportunities for reducing Banking and Interest costs

 
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Bankhawk provides an analytics service for companies using their historical banking data. The company simply provides Bankhawk with its banking data for a recent period. This data is processed by Bankhawk using its global leading bank data analytics platform Bankhawk365.


UNDERSTANDING WHAT DRIVES BUSINESS BANKING COSTS.
BANK FEES AND INTEREST CHARGES COSTS EXPLAINED:

 
DISCOVERANALYSEBENCHMARKOPTIMISE

DISCOVER

Identify what is driving the costs. Firstly what are the activities driving the cost and secondly what are the prices. Logically consumer transactions that require manual intervention tend to cost more.

Construct a Price Matrix

The price matrix for bank transactions should be reviewed. Pricing for transaction services varies hugely depending on your day to day banking provider and the geographical market in which you are based.

BENCHMARK

Benchmarking bank transaction pricing allows companies to establish whether the level of pricing is appropriate for their business and whether a pricing discussion should be had with their bank.

OPTIMISE

A comprehensive report with detailed analytics, conclusions, recommendations and an action plan is provided to the company by Bankhawk’s analysts. Companies use the information in the report to negotiate better terms with their existing banking provider and to optimise the way their banking is structured. The savings generated by clients of Bankhawk are very significant across a range of different sectors.