Revenue Enhancement Solutions
Revenue Enhancement Solutions from Fiserv help commercial and retail banking institutions identify their greatest areas of opportunity and create a strategy to manage revenue and achieve sustainable growth.
The secret to achieving rapid, sustainable revenue growth in commercial banking is no secret. It requires strong fundamentals, long-range planning and a measured strategy for developing growth initiatives. That strategy must include ideas for adding new customers, increasing revenue from existing customers, turning unprofitable customers into profitable ones and focusing scarce resources on your greatest areas of opportunity.
A comprehensive revenue enhancement strategy is integral to retail banking, but developing such a plan can be a significant undertaking — one that takes critical resources away from day-to-day operations. Our solutions can help.
At Fiserv, we offer revenue enhancement solutions that achieve rapid, sustainable revenue growth and retention, while improving the customer experience. We listen to you — and take into account your objectives and goals to develop a roadmap for your institution.
Rather than delivering a single opportunity, we provide you with a number of viable growth initiatives, emphasizing increased deposit opportunities and substantial revenue lift. We can also work with you to time revenue improvements when and where you need them most.
We quickly pinpoint your best opportunities for revenue and customer value by leveraging our experience, methodology, technology and world-class best practices.
You can address practically every key area of your organization, including:
- Retail and small business
- Trust and wealth management
- Commercial banking
- Consumer credit
Our Revenue Enhancement Solutions will help you set goals to achieve measured, sustainable growth, and achieve those goals every step of the way without hidden costs. Our solutions can help you:
- Grow, preserve and diversify revenue streams
- Create new products that meet your needs and those of your consumers
- Improve sales management process and execution
- Turn risk mitigation into management with smarter tools
- Implement solutions that address regulatory and economic changes
What We Offer
Business Lending Strategies
Fiserv analysts will conduct an in-depth review of your commercial and small business lending strategies and lifecycles to identify where improvements can be made.
- Check Recovery Check Recovery™ from Fiserv accelerates the recovery of returned checks and ACH debits by automating the collection process with state-of-the-art practices, including strategically timed electronic re-presentment and advanced online reporting capabilities.
- EnAct Grow your organization by optimizing sales automation and management efforts with EnAct™ from Fiserv, powered by Microsoft® Dynamics® CRM. By providing an enhanced end-user experience, you will shorten sale cycles, increase close rates and retain valuable customer relationships.
Excessive Overdraft Manager
Excessive Overdraft ManagerTM from Fiserv protects your institution by shutting off funds availability for accounts flagged with excessive overdrafts, based on parameters you set, to manage your risk.
- Fee Retention Advisor Fee Retention Advisor from Fiserv provides banks with the ability to focus on account-level waiver amounts that target the right customers – quickly and with a consistent message.
- Revenue Performance Monitor Revenue Performance MonitorSM from Fiserv provides banks with the valuable perspective and actionable recommendations they need to improve retail revenue performance.
Small Business Banking Growth Strategy
Small businesses are the foundation of the economy in towns across the nation, yet few financial institutions focus on this market's needs. Fiserv small business segmentation methodology can help you grow these relationships and tap into a new customer growth.
- SmarterPay With SmarterPay™ from Fiserv, a patented overdraft limit solution, you can achieve the optimal balance between revenue, principal loss and customer retention while managing the increasing number of regulatory guidelines.
SmarterPay™ Express from Fiserv delivers a next-generation overdraft limit solution, engineered to balance the rewards of providing good customer service against the risk of principal charge-off. This secure hosted solution is designed for community banks and credit unions that want robust over-draft functionality without the expense of onsite hosting and support.
- Wealth Management Consulting Optimize the revenue potential of your wealth management services with the Wealth Management consulting practice from Fiserv. This service can help you maximize revenue sources, generate process efficiencies, realize expense reductions and better understand your market position.