The challenge: With both US and UK operations, Bank of New York had a history of negotiating separate local arrangements and had also experienced recent change within the organisation. Having spent in excess of £2 billion over 4 years, it needed to move towards a centralised processing environment and systems change.
The JBA solution: JBA conducted thorough data analysis to identify duplicate payments and invoice consolidation opportunities for Bank of New York. Its Accounts Payable Audit included the review of major contracts for overhead expenditure; the identification of over-payments and recoveries; and the implementation of future transaction assurance recommendations. Click here to read more…
- powered by SMF audit
- Powered by Article Dashboard high museum of art
- Powered by Article Dashboard british art gallery
- Powered by Article Dashboard high museum of art atlanta
- Powered by Article Dashboard car audio wiring
- Powered by Article Dashboard museum of art atlanta
- powered by phpBB checking account number
- bank of New York archives
Related Case Studies:
- Case Study on iSecurity Audit General: iSecurity Audit is being used by the Luxembourg subsidiary...
- A Case Study on Technical Audit in a Bank The Challenge: Within their yearly security strategic plan, custodians of...
- Case Study on Internal Audit Solution for a Global Bank Evaluation and Selection: The bank undertook a comprehensive evaluation of...
- Bank of America Case Study The concept solves a critical banking problem — how to...
- Case Study on First Hawaiian Bank The oldest and largest financial institution in the state, First...