| WHY
SHOULD A BANK CHOOSE THE SVEJDA QUICK START
PROFIT ENHANCEMENT PROGRAM? |
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| Why
Should A Bank Choose The SVEJDA Quick Start Profit Enhancement
Program?
Our
Quick Start Profit Enhancement Program has enjoyed an
extraordinary reception by financial institutions. It
is normally the initial profit enhancement service provided
for a client. Following are some of the features of
the Quick Start Profit Enhancement Program that set
us apart from competitors:
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Our
No-Risk Guarantee |
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Our
minimum fee is $0 |
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In
the event your bank approves none of our recommendations,
for any reason, there is no cost to you. We do not charge
for travel expenses. |
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Cap
on fees |
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We
strictly limit our fees and guarantee a minimum gain or
return. |
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Our
focus for Profit Enhancement Ideas |
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Our
focus for profit enhancement is different from any other
consulting firm. That is because our profit enhancement
ideas have been developed from our own studies at hundreds
of other banks. We have often come into banks after other
profit enhancement consultants have been there. Typically,
less than 10% of our normal profit enhancement idea recommendations
have been found and recommended by the previous consultants. |
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Unique
Areas of Profit Enhancement Evaluation |
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Our
Quick Start Profit Enhancement
Program evaluates many operations of a bank not considered
by other consulting firms. |
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We
stake our reputation and our compensation on results |
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Speed
of Results |
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Our
turn around time is the fastest in the industry. We present
recommendations approximately 4 to 5 weeks after our data
gathering visit and many of the recommendations can be
implemented immediately. |
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Program
is not disruptive to normal staff work |
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This
is Not an Audit |
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Our
function is to direct your entire staff toward discovery
of opportunities for earnings improvement, not to point
out things that are wrong with your business. |
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Surveys |
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We
survey your competition regarding issues where such surveys
would be helpful to your decision-making process. |
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Quality
of Analysis |
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Each
recommendation presented is supported by information and
analysis that is important to making a good management
decision. |
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Ease
of Implementation of Recommendations |
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Our
recommendations can be implemented quickly and easily.
Many can be implemented the same day as they are approved. |
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| WHY
SHOULD A BANK USE THE SVEJDA CONTRACT COST
REDUCTION SERVICE? |
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 SVEJDA
has worked with hundreds of banks and savings and loan
associations in more than 30 states and three foreign
countries. We have gained widespread market knowledge
of what banks pay for various services and products. We
have also negotiated many contracts and purchases for
our clients. As a result, we have knowledge of the price
at which vendors are willing to sell their products and
services. This special market knowledge can help our bank
clients lower their costs from third party vendors.
In
addition, SVEJDA has developed proprietary units of
measurement for comparing the cost for a given product
or service from one bank to another on an "apples
to apples' comparison basis. We have developed sufficient
market knowledge that we can tell you what kind of deal
you are receiving from a cost viewpoint for many of
the products and services you buy.
From
our experience, we have found the contract areas included
in this service consistently offer significant cost
reduction opportunities for banks. We have developed
an information data base and a negotiation process to
help banks achieve "A" deals in their contracts
for core data processing, ATM/Debit card processing,
item processing, Internet banking, bill payment, and
check vendor contracts.
This
review service also identifies key dates to put
into a tickler file so that both the financial institution
and SVEJDA will be notified of key dates to take action.
Many contracts automatically renew if no action is taken
by a certain time period before a contract is scheduled
to end.
Further,
we offer this service at no risk to your bank. Because
of our experience and confidence that we can reduce
your costs, we offer this service on a contingency fee
basis.
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