Are Banks Interchangeable Vendors?
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10/17/2018
When: 11:45am
Where: Corporate College East
4400 Richmond Road
Cleveland, Ohio  44128
United States


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Jim Brunnquell of Phoenix-Hecht will be joining to talk about banks: Are they interchangeable vendors?

The number of companies planning to issue an RFP for treasury services or replace a credit bank are at an all-time high. What are the causes of this churn? Has the glue to the relationship become technology and service instead of credit? Are your existing banks still partners, or are they becoming interchangeable vendors?

The selection and management of bank relationships are the keys to reducing both direct bank fees as well as the time and staffing levels required of your treasury, cash application, and accounts payable groups. Price, technology, quality of service, and the ease of doing business are the cornerstones for controlling these expenses.

So, are banks really interchangeable?

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