New banking tool to save businesses thousands
By Tom BelgerThe first ever banking benchmarking service for UK business customers which will identify where businesses are incurring unnecessary banking costs has been launched
The first ever banking benchmarking service for UK business customers which will identify where businesses are incurring unnecessary banking costs has been launched...
Business Banking Measured (BBM) has been launched by Ben Martin, CEO of bmbal, and outlines the steps businesses can take to eradicate those costs and make thousands of pounds of financial savings.
Bmbal provides specialist banking and treasury services to UK businesses and Ben believes businesses need to be confident that they are getting the most suitable banking services and products to meet their needs.
“Yet, by failing to review their banking relationships regularly, they are simply leaving money on the table when they could be benefitting from thousands of pounds of savings,” said Ben.
“So far, on average, sbusinesses that have trialled the banking measurement tool are finding potential annual savings in excess of £56,000 each.
“That’s a huge extra expense these businesses are incurring because their banking relationships are simply not fit for purpose.”
The tool asks directors and owners a series of questions which takes fewer than 10 minutes to complete before giving a tailored client report which identifies areas for savings.
To find out more you can view the BBM tool here.
Keywords: Banking, BBM, BMBAL, Businesses, Ben Martin, Directors, Savings