NEBSG Cash Management Solutions (CMS):
We position ourselves as your Cash Management Program (CMP) Adviser. We are drivers of profitability. Consultants and On-Call Experts addressing vendor issues and customer requirements.
All of our client Financial Institutions (FI) are constantly improving and updating the Cash Management tools. Commercial customers large and small rely on the FI to provide needed tools to run their businesses. Where are you in the products and services evolution?
1) We design and build, or we assess, refine and improve, your Cash Management Program (CMP)
2) We guide, train, monitor and support your CMP personnel as they sell and deliver Cash Management Services (CMS)
Why is our Orchestration Service Relevant to Financial Institutions? It is a struggle to keep current with business payments, treasury and cash management product options/needs. “Big Banks” as well as the ever-growing and evolving technology providers are driving the market. Nearly all CMS are built and provided by 3rd parties and the structure of your partnerships with these vendors can and does vary- Sell/install/service/integration models all vary.
Let’s look At Cash Management Services…
NEBSG has seen nearly every financial institution we visit and those vendors we work with define CMS differently (i.e. they include a different set of products)
Generally, we believe CMS can be summarized into: Payments (Outgoing) – Methods, Channels and Execution, and (Incoming). Treasury – Money and Liquidity Services Merchant Services – Payment Acceptance and Processing Other – Unique services for commercial customers.
Where Are the Opportunities to Improve Revenues From Cash Management Services? Product Structure and Pricing, Sales Resources and Effort- Product Design, Personnel Expertise.
How Does NEBSG Execute the Orchestration Service? NEBSG can begin the service relationship by: An Assessment/Review of your existing CMP, Development of the CMP and its Strategy, Vendor/Product Contract Selection and Negotiation. Also, NEBSG will provide CMS Sales Training for your personnel. Cash Management Program Profitability Modeling or Determination
After our relationship is established, we then stay involved through the monitoring, coaching, training and /supervisory roles.
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