Overview
Banks love their fees, and they make billions from them. A bank fee audit can reveal how much of your cash flow is being eroded by unnecessary charges. At Cost Savings, we analyze your accounts in detail to identify hidden bank fees, reduce costs, and strengthen your overall cash position. Our process doesn’t stop there. We also review your broader treasury operations to highlight opportunities for optimization, ensuring your organization gains lasting transparency and control. After delivering an initial analysis for each bank relationship, we work directly with your bank representatives to collect deeper data and negotiate better terms on your behalf..
✅ Thorough review of routine bank maintenance fees including cash orders, deposit tickets, bag processing, lock box arrangements, wire transfers, ACH transfers, pickup and delivery fees, back credit, and more
✅ Complete analysis of service levels, as well as asset allocation to identify potential for a lower cash-carrying cost
- Identification of unused accounts and services
✅ Potential opportunities for aggregation of services to reduce overall costs
Our Process
Consult
Access 16 cost-saving solutions spanning 4 subcategories (Utilities, Contract Services, Financial Services, and Commercial Real Estate). There is often one, or more, areas in which we can aid our clients.
Audit
Cost Savings deploys proprietary knowledge, methods, and superior technology to thoroughly analyze invoices and services for errors, anomalies, and inefficiency in billing. Clients can login to track the progress of each audit, at each location, in “real time” using our Client Portal.
Advise
An interim report of findings can be downloaded at any time during the audit process through your CostSavings360™ Dashboard. A formal report of our audit recommendations is provided by Cost Savings on every audit project.
Deliver
Where some audit firms simply make recommendations, Cost Savings will assist you to implement the cost savings and obtain the refunds that we identify. We will act as your project lead, completing paperwork and compiling claim documents for your review that are required to realize the benefit of what we propose.
Achieve
As a contingency-based service we only invoice for cost savings and refunds if, and after, the client realizes them.
Visually Track Your Cost Savings
With Our Proprietary Client Portal
Visually Track Your Cost Savings With Our Proprietary Client Portal
View makes it easy to effectively assess your audit in real time, view detailed savings and analysis reports, approve/ decline recommendations and communicate with your live auditor.
Unlock Your Potential, Explore Our Dynamic Courses!
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Services You Can Trust
At Cost Savings, we are passionate about serving our clients, increasing operating efficiency and cutting costs. We treat each client the same to identify cost saving opportunities, and provide the absolute best solutions.
