Automation and Discrepancy Reporting Keep Costs Down and Revenue Up

Maintaining a large portfolio of commercial accounts can be costly and time consuming. Citi Financial uses Weiland BRMedge™ to automate bank fee analysis and better manage its commercial banking relationships.

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Citi Financial decided to use Weiland BRMedge to gain a comprehensive view of its treasury operation. The solution helped reduce bank fees, increase productivity and provide transparency of total cash management by enabling Citi Financial to:

  • Understand the global cost of bank relationships
  • Identify the most fee-efficient cash management strategies
  • Review and model the effect of hard interest on bank accounts
  • Reduce risk by identifying missing account protections
  • Grade the performance of banking partners

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