A creative and comprehensive exercise to find ways to increase revenues and profits.

Simply trimming costs is not the answer.  In this extremely competitive and dynamic marketplace it is critical to seek and identify creative ways to enhance your bottom line, primarily from your existing business operations.

CCG Catalyst financial consulting services include an industry-specific revenue enhancement and profit improvement service to help you accomplish to boost profitability. Our consultants will review your current revenue streams, including product offerings, fees and sales strategy to identify potential revenue enhancement opportunities.

The project maximizes fee income by reviewing all fees currently charged across delivery channels, fee processing, fee waivers, and refunds. In addition, non-earning asset areas including cash levels, item processing, cash flows, payment and funding processes are examined and minimized.  This project includes:

• Examining transaction flows and ensuring fees are properly assessed
• Reviewing waivers, refunds and collection rates of fees to ensure the institution is at least achieving industry standards
• Comparing current fee amounts to those of competitors and recommending increases where feasible
• Reviewing non-earning assets to determine how they can be converted to earning assets
• Analyzing the timing and posting of item processing to ensure items are cleared in an efficient and timely manner
• Assessing cash levels and processing to ensure optimal level of cash is maintained and the processes are efficient and timely
• Examining all electronic, paper and manual transactions to ensure fees are properly assessed or recommending a fee where none is currently charged
• Reviewing other revenue enhancement opportunities as determined throughout the project

If you need revenue enhancement, act promptly.  Every day that is delayed results in lost revenue.x