Austin, Texas - January 27, 2010 - Sheshunoff Consulting + Solutions announces enhanced consulting services to help financial institutions create, improve and maintain revenue stream and profitability, focusing on non-interest income, non-interest expenses, interest expenses, and net interest margin. Initially, SCS’s experts will assess the institution’s revenue enhancement opportunities to identify quick hitting strategies that can self-fund implementation with positive cash flow as soon as possible.
“The first phase of the revenue enhancement services always include what we call an opportunity assessment where we analyze transaction flows and channels, identify specific strategies, quantify potential benefits, assess implementation efforts, and prepare assessment documents,” says Larry Hutt, Director, Consulting Sales.
SCS’s longer-term revenue enhance strategy evaluation looks at areas such as:
- Exception Processing (NSF/ODs, stop payments, RDIs)
- Account Interest
- ATM/Debit cards
- Account Balances and Waivers
- Inactive Accounts
- Non-customers and the “unbanked”
- Pricing/Product – Growth Rationalization and Maximization
- Process and Procedural Improvement
“One of the benefits clients receive from our services is adopting the best practices we recommend with the ultimate goal of improving performance throughout the institution,” says Gabrielle Sheshunoff, CEO and President.
Besides consulting services, SCS offers solutions such as InstantAdvance and DepositScore to complement our revenue enhancement strategy assistance regarding customer service.
For more information about our Revenue Enhancement Services, click here.
About Sheshunoff Consulting + Solutions
For more than 35 years, Sheshunoff Consulting + Solutions has been a leading financial services industry consulting firm. SCS enhances its consulting services with proprietary technology solutions, and also offers its financial industry customers executive development programs and investment banking services. Sheshunoff is a trusted advisor to the banking industry, providing institutions with the tools they need to improve profitability, optimize business processes, manage risk, maximize technology, and meet regulatory requirements. Ultimately, SCS positions institutions for long-term growth.
Sales Contact:
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1-800-477-1772
Press Contact:
Lisa Cone
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1-800-477-1772 ext. 571