AFP is now giving members access to average prices charged by banks for nearly 200 frequently-used cash management services. This information, which is provided by Informa Research Services and available exclusively to AFP members, will help finance professionals benchmark the competitiveness of the prices offered to them in response to requests for proposals (RFPs) and the prices appearing on their organizations' account analysis statements.
Pricing information is available for services related to commercial checking accounts, cash services, zero balance accounts, automated clearing house (ACH), account reconciliation, controlled disbursement accounts, sweep accounts, information reporting, imaging services and wholesale lockbox. Armed with this knowledge, finance professionals will be better prepared to effectively manage bank relationships and control bank compensation spending.
AFP offers members access to three levels of bank pricing data:
Level I pricing data includes averages
for 40 of the most commonly used cash management services. Average
prices are available for the large corporate market at the national
level, and for middle-market and small businesses at the national
and regional levels. Pricing averages are updated quarterly. Level
I pricing averages are available at no cost to AFP members.
Become a Member
Members: Access Level I data
Level II pricing averages are available
for a total of 180 bank services (including the 40 services included
in Level I). Average prices are available for the large corporate
market at the national level, and for middle-market and small businesses
at the national and regional levels. Pricing averages are updated
quarterly. For $450, AFP members can access Level II pricing averages
for a full year.
Purchase Access Now.
Subscribers: Access Level II data
Level III Pricing Reports are custom surveys conducted by Informa Research Services specifically for your organization. This research can include the services covered in Level I and Level II pricing averages, and may also include other services that are of particular interest to your organization. Level III Pricing Reports identify the individual banks that were surveyed and provide a price point for each of those banks rather than an average price across all banks. Pricing for Level III Pricing Reports will depend on the number of banks your organization would like included in its survey, the number of services included in the survey, and a number of other factors. For information on Level III Pricing Reports, contact Informa directly at 800-848-0218 Ext. 452.
