Profit & Process Improvement

Profit & Process Improvement

Bank Profitability and Process Improvement

Rethink your revenue and cost structure for the future


We have built our Profit and Process Improvement practice by uncovering operational inefficiencies and revenue opportunities for hundreds of financial institutions while respecting each organization’s culture.

We recognize the pressure that net interest margins are under. We understand that regulatory compliance costs are rising, making revenue growth more difficult. We also know that rising technology costs constantly challenge financial institutions.

To combat this, we help to implement a structure to maximize revenues and reduce operational inefficiencies that drain your resources from other more profitable opportunities.

 

Components and benefits of this service include:

  • Third-Party Review. Operational tasks within a community financial institution are so customized it is very difficult for senior managers to know if certain areas are performing at peak efficiency. Using us to periodically review operations, invoices, software use and vendors gives you fresh perspective to improve profit and performance.
  • Benchmarking and Peer Comparison. We will compare operating expenses to peer statistics and individual departments to industry benchmarks and recommend opportunities for efficiency.
  • Revenue Enhancement. Our analysis is not limited to expense reduction. To increase non-interest income, we provide insight on current trends and traditional strategies and introduce best practices to enhance fee tracking and collection.
  • Technology Utilization. Many financial institutions have difficulty maximizing their current technology. We have the expertise to assist institutions in understanding system capabilities, while matching these capabilities to long-term objectives.

Recent Publications

October 30, 2019  Do costs outweigh benefits in executive contracts?

Unintended Consequences of Executive Change in Control Provisions

October 29, 2019  October 2019

Finxact Core System – It’s Different!

September 24, 2019  Episode 45

Byline Bank Turned its Future from Bleak to Bright!
View all Publications

Our Team Leader

Jill A. Pursell

Managing Director

Jill has been with The Kafafian Group since August 2008. She works in all of our lines of business and areas of expertise, with a focus on process improvement, strategy, and financial advisory. Jill’s career in the financial service industry spans over 30 years. She has worked in nearly every department within a financial institution, […]

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