Trinity College Dublin (University of Dublin) is a leading international centre of research and innovation with 17,000 students.
It has partnered with Bankhawk to streamline its finance and banking activity. Trinity’s Financial Service Division is responsible for an annual budget of over £250m. Its own mission is ‘To enable Trinity’s mission to be one of the great universities in the world’.
The Finance team wanted to audit and benchmark its finance and banking activities. Bankhawk is a pioneering company which provides transformational analytics capability to finance teams across the globe.
Using Bankhawk Trinity College discovered new insights, improved governance and will generate savings of £800,000 over three years.
Trinity College has been able to quickly implement changes to streamline its finance operations and banking activity.
“Working with Bankhawk we had an expectation that we could reduce our banking and payment costs. We were very impressed with how we were able to uncover hidden costs and provide actionable insights from our data. As a result of their work Trinity College will generate savings of £325,000 over the next 12 months.
The use of Bankhawk Analytics software meant the project required very little finance staff time. Bankhawk also provided additional support to help us to implement their recommendations.
Overall the services provided by Bankhawk are excellent and we look forward to working with them in the future.”
Ian Matthews CFO, Trinity College Dublin
The finance team has unlocked large savings and generated new insights using its banking data. This data provides a new source of business intelligence, increased efficiency and improved governance.
Using Bankhawk Analytics supports Trinity College’s Financial Services Division to enable its mission to be one of the great universities in the world.