On average, organisations with high volume, low value transactions leave hundreds of thousands of dollars on the table every year. Most of these organisations cannot quantify total spend on these low visibility transactions.

Barrington provides clarity around transactional banking fees and helps you to structure your bank accounts so that saving money every month becomes business as usual. Don’t just take it from us, the most common comment we hear from our clients is ‘I wish we’d done this a year ago.’  We call it ‘Money Streamlining’. Barrington reviews all costs incurred across payment and receipting channels related to the flow of money throughout your organisation. This review covers the whole process, from the moment cash hits your bank account (and the way it’s handled within the organisation) to the moment it leaves.

We establish the current state of play and then advise on best use of technology to streamline your processes, providing easy reconciliations, instant reporting and a reduction in time and cost within your organisation. Improved visibility around cashflow is not just good practice, it enhances reporting and reduces the chances of fraud and human error. Ultimately, ‘Money Streamlining’ delivers a more cost- effective cash flow.

Gain control of your transactional banking costs, call the Barrington team today

It’s literally all in a day’s work for the team at Barrington. Typically, one day on-site at the outset is all that we need and within eight weeks you’ll be benefiting from the savings. Our on-site visit will involve a series of 45 minute interviews with key stakeholders (accounts receivable, accounts payable, reconciliations manager, cards manager). The Barrington team then delivers a clear plan of action providing more control over your transactional costs and processes, including templates and information request formats for third parties. Our involvement in the background greatly reduces the time input at your end to secure a good outcome.