Bank Expense Reduction
Managing Your Banking Relationship, Utilizing Bank Depository Management and Money Management Techniques

• Determine cost avoidance and fee reductions.
• Inform your financial area on how your bank makes money on YOUR relationship and how you can reduce THEIR profits.
• Review your existing banking relationship and current system.
• Educate your staff on the policies and practices within your current banking relationship(s).

These are some of the opportunities that we at BCS & Associates offer in the BANK EXPENSE REDUCTION section of our services.

BCS & Associates employs former bank professionals, positioned to share the knowledge gained through years of experience in the financial environment. This specialized knowledge makes us unique. We will show you how to DRIVE your banking relationship, not be DRIVEN by it. And in the process, you will improve your profitability and decrease your expenses.

Request for Proposals
Custom Developed Request For Proposals (RFPs)
As former bankers, we possess the knowledge and expertise to assist in choosing the appropriate banking relationship for your business. This is accomplished through our personalized Request For Proposal (RFP) documents. Here are some of the ways we will assist:

• Prepare, disburse and receive RFPs for the number of banks you wish to participate. 
• Act as a primary interface for questions and clarifications.
• Score, compare and document the weighted responses. 
• Evaluate and report on the findings, both verbally and in written form. 
• Present and substantiate recommendations. 
• Educate your staff on the policies and practices of your current and potential banking relationship(s).

The Banking Smarter System
This is our Account Analysis Software System.  Our copyrighted software provides a complete Windows-based solution, finding ways to assist in lowering costs and increasing bank account earnings. Utilizing this bank expense reduction and reporting software, the system will:

• Simplify your banking relationship.
• Explain and make banking information more meaningful.
• Improve bank reconcilement productivity.
• Warn you of accounts and services needing special attention.
• Provide you with relevant reports for specific needs.
• Maintain error detection.
• Compare fees.

Merchant Credit Card Processing (MCCP) Analysis

With experience in analyzing all types of MCCP Processors, we are able to present the most profitable processor for your business and, at the same time, reduce your current expenditures within this expense category.  Our analysts will:

• Determine what you are paying for the services you currently possess.
• Establish services needed vs. services provided.
• Compare costs, rates and services against other processors.
• Group all locations and outlets for the best possible rates.
• Inventory devices and their usage and/or non-usage.
• Perform a Request for Proposal if necessary.

Custom Developed Training and Review Sessions
As former bankers and consultants since 1990, we will assist your organization by sharing knowledge regarding banking and its impacts in the current and future environments.  Our unique, individualized training sessions will address these by:

• Saving you money explaining how your banking relationship operates.
• Providing you with information about Banking Services previously unavailable.

We accomplish this through our Training and Review Sessions (TRS) designed to:

• Inform your financial area on how your bank makes money on your accounts and how you can keep some of their profit for yourself.
• Identify cost avoidances, fee reductions and decreased expenses.
• Educate your staff on the components of the account analysis statement, services and system.

The four-hour sessions have been so successful, we guarantee that the information presented identifying the changes that can be made will more than pay for the session. Sessions are not limited to the number of attendees. All presentations are at your facilities, and are coordinated for your convenience.

PAYCE (Processing All Your Checks Electronically

The electronic processing of checks has become the most practical and cost effective way to accept payments without processing paper.  PAYCE makes it simple and develops a process to conveniently migrate to or enhance your individual processing  situation.  With PAYCE, we will:

1.      Save you money by reducing bank service charges and allowing you to improve availability.

2.      Enable you to automatically update your Account Receivables.

3.      Provide you with:
- Enhanced research capabilities

- Improved Return Item Processing and associated costs

- Reduced storage requirements

Every Business Should Read This Book!

“BANKING SMARTER—How To Save Money In Your Business Banking Relationship”

We wrote and published this book/workbook designed to:

• Show you places to save money that you never thought of looking before.
• Tell you how you can sit in the driver’s seat and put your banker in the back.
• Teach you how to improve your profitability by achieving better use of your money.
• Decrease your monthly bank expenses.