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PwC’s Digital Services
Cost savings in Cash Management
Cost Savings in Cash Management
August 2019
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PwC’s Digital Services
Agenda
Confidential information for the sole benefit and use of PwC’s client.
2
Introduction1
A real case study2
Deep dive – BankLab™ 3
Contact details4
PwC’s Digital Services
Can you answer trustfully all questions below?
Confidential information for the sole benefit and use of PwC’s client.
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In the majority of the cases, answers cannot be found easily…Today, there is no multi-bank central source of information available on the market!
Where is “collection or payment on behalf of”
possible?
In which country is my bank present and can it really
serve my needs?
Are there any legal restrictions in terms of bank
account opening?
What are the latest cash pooling techniques available in different
countries?
How many bank accounts does an
entity have on average?
Are the rates for my banking services competitive and how does that compare
to my peers?
How much do I really pay for my banking
services?
PwC’s Digital Services
BankLab™ - A unique digital Cash Management solution
Confidential information for the sole benefit and use of PwC’s client.
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On-line global database on Cash Management services
1. BankLab™ will automatically compare the costs applied to all of your services and dynamically benchmark them against similar sized companies, identifying savings you will make.
2. Our BankLab™ solution (patent pending) is a unique online analytics solution which will help you navigate the cash management world across 150 countries. Constantly updated by the PwC network and the banks, you’ll always have access to the latest information on what is possible.
3. BankLab™ will manage your banking restructuring project, from analysis and design up to the selection of your banking partners.
http://www.pwc.be/banklab
150 countries 100+ references 50+ banking group
PwC’s Digital Services
Agenda
Confidential information for the sole benefit and use of PwC’s client.
5
Introduction1
A real case study2
Deep dive – BankLab™ 3
Contact details4
PwC’s Digital Services
Pre-Project situation
PwC’s Digital Services
Our approach (1/2)Accelerated data gathering phase by using data from SAP
PwC’s Digital Services
Our approach (2/2)Strategic Design and Bank Selection using BankLab™
PwC’s Digital Services
Agenda
Confidential information for the sole benefit and use of PwC’s client.
9
Introduction1
A real case study2
Deep dive – BankLab™ 3
Contact details4
PwC’s Digital Services
Confidential information for the sole benefit and use of PwC’s client.
Building up a business case
Fee benchmark analysis
1. Automated comparison with your selected peers (criteria: size, business type, industry segment, banks, etc.)
2. Identification of quick wins
3. Min, max and average expected savings
Real data:
❑ Banking fees paid in specific (big)country
❑ Banking fees paid to specific banking partner
(monthly fee statement with transaction volumes and unit fee)
✓
✓
Business case
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PwC’s Digital Services
Confidential information for the sole benefit and use of PwC’s client.
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Navigating the Cash Management world
Bank presence dashboard Country dashboard – example for Italy
PwC’s Digital Services
Confidential information for the sole benefit and use of PwC’s client.
12
BankLab™ will manage your bank restructuring projects
Analysis through automated dashboards with dynamic information update (Power BI)
PwC’s Digital Services
BankLab™ will manage your bank restructuring projects
Confidential information for the sole benefit and use of PwC’s client.
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Project management and dashboard
PwC’s Digital Services
Contact details
Didier VandenhautePartner Tel: +32 2 710 9634Email: [email protected]
Madhu PadmanabhanSenior ManagerTel: +79 878 01 22Email: [email protected]
PwC’s Digital Services
Thank you!
