Clearsulting launches new ClearFee advisory service to uncover hidden bank fee savings
Clearsulting launches new ClearFee advisory service to uncover hidden bank fee savings
This new offering draws on more than 100 bank fee analysis projects to help treasury teams challenge unnecessary costs, optimize banking relationships, and turn overlooked expenses into measurable savings.
Clearsulting, a global digital finance consulting firm that drives enterprise transformation by connecting technology, processes, and people, announced today’s launch of ClearFee, a new bank fee advisory service designed to help organizations uncover potential savings, improve visibility into banking costs, and get more value from their financial institutions.
For many treasury teams, bank fee reviews are, at most, a routine exercise: check the statements, reconcile the charges, and move on. But knowing what a bank charges is not the same as knowing whether those charges are justified or associated with value-added services. Outdated pricing, unnecessary services, and billing discrepancies can go unnoticed for years, quietly adding to costs that organizations may have an opportunity to reduce.
ClearFee aims to help treasury teams take a closer look. Backed by Clearsulting’s experience across more than 100 bank fee analysis projects, the service combines specialized treasury expertise, data-driven analysis, and practical recommendations to identify where organizations may be overpaying and what they can do about it.
“A reasonable service price doesn’t mean much if you’re paying for a service you no longer need,” said Kevin Koeneman, Director of Treasury Advisory at Clearsulting, who leads the ClearFee offering. “We’ve seen how easily unnecessary or erroneous costs can get buried in analysis statements, especially when treasury teams are stretched thin. The opportunity isn’t always obvious, but when you know what to look for and how to challenge it, the savings can be significant. Our results speak for themselves.”
Through ClearFee, Clearsulting analyzes bank pricing, service utilization, account activity, and earnings credits to pinpoint cost drivers, validate charges, and identify opportunities for improvement. The team works with clients to turn those findings into action, from correcting billing discrepancies and eliminating unnecessary services to strengthening bank negotiations and establishing a repeatable approach to fee oversight.
Designed as a technology-agnostic advisory service, ClearFee works alongside existing treasury systems, ERPs, and banking environments without requiring a system implementation or IT resources. ClearFee can even assist clients without systematic bank fee capabilities and can overcome bank or format limitations thanks to proprietary and AI-enablers. Engagements are structured to minimize demands on internal teams, with flexible, success-based pricing available for qualifying clients.
“Bank fees are often treated as a fixed cost of doing business, but they shouldn’t be,” said Kevin Stevens, Head of the Treasury Practice at Clearsulting. “There’s real value in understanding not just what you’re paying but why. Our team brings experience from banking, treasury operations, and technology to help clients ask better questions, make smarter decisions, and build stronger banking relationships. And we can do that without asking them to take on another major initiative.”
Clearsulting’s bank fee advisory experience demonstrates just how much value a closer look can uncover. In one engagement, we helped a leading dental support organization realize at least $674,000 in recurring annual savings, generating a positive ROI on the company’s recent large-scale treasury transformation investment in its first year. By establishing a monthly due diligence process driven by dashboards, trend analyses, and granular service data, Clearsulting helped turn a control gap into a sustainable approach to managing banking costs.
The engagement is detailed in Clearsulting’s case study, A winning smile: Bank fee savings fund a treasury transformation. For a broader perspective, the firm’s white paper, Beyond bank fees: A CFO’s guide to turning bank fee analysis into strategic value, explores how bank fee analysis can expose operational inefficiencies, strengthen oversight, and reveal opportunities that extend beyond cost savings.
To learn more about ClearFee and explore potential savings opportunities, connect with the Treasury Advisory team or sign up for a ClearFee workshop to take a closer look at your bank fee management opportunities.
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