An Action Plan for Bank Fee Analysis
It may be the understatement of the year, but…things have changed. With the Federal Reserve slashing rates to near zero, our entire thought process around treasury has changed.
Now That ECR Is Dead, We Can Finally Focus on the True Cost of Cash Management
With the fast-spreading threat of the coronavirus paralyzing the U.S. and global economy for months to come, the Federal Reserve made the drastic decision on March 15, 2020, to slash interest rates to zero.
The Rising Costs of Digital Imaging in Commercial Banking
Whether you are looking at a check image through an online banking portal, image file, DDA statement, or CD-ROM, there is a cost for each image, and the dollar amount may surprise you.
“We combine artificial intelligence with business skills to revolutionise cash flow forecasting.” Rupert Schiessl, founder of Verteego
Verteego believes that cash flow forecasts should be rethought to improve how companies are managed and increase their profitability.
Machine Learning or AI Could Perform Repetitive Patterns to Improve the Process of Cash Forecasting
Redbridge invited three international treasury professionals based in the US, UK and France to share their views on successful cash flow forecasting. In this post, Ferdinand Jahnel, VP, Treasurer at Marsh & McLennan Companies, explains how artificial intelligence (AI) could improve the process of cash forecasting.
NACHA’s Same Day ACH Limit Increase
Effective March 20, 2020, the Same Day ACH (automated clearing house) per-transaction dollar limit will increase from $25,000 to $100,000.
The New Year Bank Fee Diet
How to reduce your company’s bank fees in 2020
Bankers, If You Can’t Produce a BSB, You Are Late
We have reached the tipping point in bank billing transparency globally, and it is exciting. The vision of creating a global standard for bank fee reporting started with a few individuals willing to do the work, a few large corporations willing to apply pressure, and a few global banks willing to be leaders in providing transparency to their customers.
Top 3 Year-end Checklist Items for Bank Fee Analysis
By the end of the calendar year (and for many of us, fiscal year-end), we have a growing mountain of tasks to complete – close the books, conduct our annual budgeting exercise, get ready for the audit, and review upcoming changes to regulations that may affect our cash.
Treasury’s Big Data: How to Transform Account Analysis Statements Into Analytics
Key takeaways from our educational session at AFP 2019
See you at Windy City – May 21-23, 2019
NAVY PIER CONVENTION CENTER, CHICAGO, IL. | Redbridge is excited to be presenting insights pertaining to Global Treasury and Cash Management. Don’t miss our educational session with Dan Gill!
Will Corporates Feel the Benefits of the Recent Reduction in FDIC Surcharges?
When fuel prices rise and fall consumers expect airline tickets and other prices to follow suit. With the recent reduction in FDIC surcharges, many large corporations are wondering if their banks’ “deposit assessment fees” will also be reduced.
Account and Transaction Controls through Account Analysis
In our bank account management (BAM) blog series, we strive to look at the problems of bank account management from a modern perspective. Our first installment focused on proper bank account management practices in the risk-focused world.
Redbridge Provides Confidence and Peace of Mind to Clients With SOC 2 Certification
Redbridge earns the SOC 2 Type 2 certification after an audit in early 2019. The certification confirms Redbridge has established and follows strict information security policies and procedures.
Bank Smarter, Not Harder!
Power Up Your Next Bank Relationship and Fee Review. As a treasury professional, having visibility into costs is a starting point for negotiation and cost-saving opportunities with your banks.