"The rich data provided by HawkeyeBSB on bank billing statements gives us a sharp focus on the performance of our bank relationships and the treasury operations of all our entities"
- HawkeyeBSB – Analyze & Audit Cash Management Bank Fees
- Have a global view of the use of Cash Management services for the Group
- Analyze the performance of Cash Management activities of newly acquired business in the United States
- Automate the bank fee monitoring process
- A fine-tuned view on 80% of the group’s bank fees worldwide (8 banks/40 countries)
- Ability to detect billing anomalies increased by ten (5% of total bank fees)
- Streamlined refund process
- Automatic integration of bank billing files received from the banks into the system
- The solution seamlessly maps and aligns all AFP codes and pricing tables across all accounts, banks and countries
- HawkeyeBSB generates violations reports and highlights incorrect fees charged by the banks, thus speeding up the recovery process
Redbridge’s Value Added
- Unique database of bank service lines making Cash Management products readable, homogeneous and enabling cross comparison by country, product, etc.
- In-depth Knowledge of the bank fees structure and respectful approach, enabling a close partnership with the banks during the onboarding process