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Banking services can be reduced by more than half without changing banks
Co-owner Jolanta Burkotová says that her decision to work with ERA was also influenced by their fair business model, where the company does not pay for something it does not receive, and the consultants' maximum motivation to achieve significant savings. The result was 56% cheaper banking services, an additional investment loan to finance a new paint shop, and significant savings in several support cost categories.
Industry: Manufacturing
Cost categories and savings achieved:
foreign exchange transactions 83%
transaction fees 52%
interest on operating loans 40%
interest on investment loans 38%
gas 10%
electricity 8%
transport 5%
printing supplies 38%
office supplies 37%
protective work equipment 9%
"The ERA business model guaranteed us an effective approach. The analysts worked very independently and ERA kept us informed of their progress on an ongoing basis. We were very surprised by the amount of savings, which significantly exceeded our expectations." [Jolanta Burkotová, co-owner and chairwoman of the board of directors – Trestles]
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