The next generation of bank fee analysis software for treasury.
Hawkeye BSB is a web-based software solution built by treasury experts to monitor, manage and reduce your bank fees globally.
Access reliable data on your global use of cash management services.
Hawkeye BSB transforms the account analysis statements from all of your banks, regardless of the format, into a reliable, standardized view, presented in a harmonized way. It all adds up to clear and transparent information on the cost of cash management.
- Any machine-readable statement format can be captured: EDI 822, TWIST BSB, CAMT.086 BSB, CSV, PDF
- Automatic integration of all bank billing statements
- Comprehensive mapping of each item charged, based on AFP Domestic and Global Service Codes
- Single user-friendly platform
- Captures any number of currencies, countries, accounts, banks and services
Identify and correct all billing violations.
Validate every service, price, volume, charge and rate to an established baseline.
Hawkeye BSB verifies every element of your bank fee statements and identifies every billing violation, speeding up the recovery of incorrect fees.
It is common to find 7 to 10% in billing errors every month.
Banks bill more than $500B annually in service charges. Many of those charges simply go unverified. A control minded treasury needs all the tools necessary to decipher the complicated statements banks produce.
- Price errors
- Volume errors
- Rate errors
- Calculation errors
- New services added
- New accounts added
- Dormant accounts
- Automatic notifications to inform your banks of all billing violations
- Fully automated “Hawkeye Report” lets you quickly and easily report excess charges and other bank statement errors to your providers
- Streamlined processing allows you to receive the full refund without spending a lot of time
Knowledge is power.
The rich data provided on bank billing statements gives a lens into all aspects of your company’s cash management engine.
As Hawkeye BSB accumulates your bank fee statements over time, the performance of your treasury operations comes into focus. Virtually every cash management function you have performed with your banks lands on the account analysis.
Compare the cost of banking services worldwide bank by bank, entity by entity.
By standardising and organising all of the information in your bank fee statements, you gain the ability to evaluate the effectiveness of your treasury practices. In the same light, with a strong baseline of what has happened, HawkeyeBSB can then model and predict the impact of future treasury operations on your bank fees.
Hawkeye BSB precisely measures consolidated bank charges so you can:
- Model and predict future bank fees
- Plan for business expansion
- Strengthen your negotiating power