Real Estate Investment Company Optimizes Bank Fees and Maximizes Yield With Redbridge
Industry
Real Estate
Region
North America
Service
Cash Management
Overview
Cash Management fees and services analysis and optimization for the US, involving 4 banks.
Objectives
- Analyze client’s current banking services and yield structure to assess current cost.
- Identify areas for significant pricing and yield improvement and set target prices.
- Conduct negotiations with banking partners while ensuring client’s service level requirements.
Results
- Targeted approach to achieve best results while maintaining a short timeline (3 months)
- Enhanced visibility and understanding of current cash management services
- Optimized Cash Management pricing and yield conditions thanks to bilateral discussions
Methodology
- Defined project scope, project governance, framework, objectives and constraints.
- Presented industry best practices and relevant benchmarks.
- Negotiated directly with the main cash management banks and identified areas for improvement, including realistic and achievable cost savings and strategies to leverage technology to increase efficiencies.
Value Added by Redbridge
- Rigorous, proven and tailor-made data collection and analysis process.
- Unique industry price database and benchmarking capabilities.
- Customized negotiation strategies while safeguarding client’s relationships with relevant providers.
“In real estate investment, liquidity and timing are critical. By delivering full transparency on banking fees and yield structures, we helped the client unlock material savings and secure more competitive cash returns, all within a tight, 3-month window. Our targeted approach balanced cost efficiency with strong banking relationships.”
Mike Russell
Director, Redbridge