In a joint research report from Syntellis Performance Solutions and the Financial Managers Society (FMS):
80% of respondents have limited confidence in their institutions’ ability to forecast and manage profitability performance with current financial planning processes and tools.
How do your institution’s priorities and practices in profitability analysis compare to your peers? Find out in 2019 Profitability Perspectives: 10 Findings Reveal the Need for Specific Leadership Action, which delivers insights from a survey of more than 110 senior finance professionals in banks, credit unions, and other financial services organizations.
Read the report for 9 recommendations for improving profitability, such as:
- Adopt funds transfer pricing, using an instrument level-based approach
- Manage the full scope of relationships, integrating relationship data into pricing decisions
- Tie profitability performance to employee incentive compensation
Download the report now!