It is important to know how much you are paying for banking services. But for treasurers this has typically been an impossible job. Until now.
There has been progress in this space, however thanks to the Bank Service Billing (BSB) standard, which is an ISO 20022 standard and allows the banks to digitally report to their clients exactly what they are paying for their banking services. Whilst this is positive progress for the corporate treasury community, many corporates lack the software that is required to consume these data files. And when they do the solutions often do not provide the analytical capabilities required.
INTIX will help you analyse your fees using the ISO 20022 standards.
Read the TreasuryToday article here.