Community Banking Practice
Most community banks today are faced with constant pressure on interest margins,
strong competition for quality loans, increasing difficulty in raising low cost
deposits and continual pressure to reduce expenses. Community banks continue to
struggle with technology that is under utilized and more difficult to manage. Technology
decisions are getting more complex, more expensive and executives are being presented
with an increasing number of requests for significant technology expenditures.
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Large Bank Practice: Expense Management
A Few Interesting Statistics? Did you know that?
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3.6% of vendor invoices contain error
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2.5% of vendor checks are reissued
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1.6% AP payments contain errors
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6.8 days is the average time to process an invoice -
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Vitex International Practice
Vitex, Ltd. is a professional services firm dedicated to assisting indigenous
bank General Managers and senior executives achieve their strategic business objectives
through vision, leadership, and creativity. Vitex specializes in a wide array of
consulting and project management services for its clients throughout the Caribbean
Community (CARICOM).
Our major focus is to assist indigenous banks increase employee productivity, bank
revenue, and shareholder value through better selection, implementation, and utilization
of technology. Read More...