revenue improvement strategies

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Lodestone Banking has considerable expertise with core banking platforms. Such as: Jack Henry, Fiserv, FIS, and Hogan.

We know their capabilities and limitations so we know how to get more revenue out of them. Lodestone is adept at using a client's core banking system to both identify profit improvement opportunities and manage settings so as to realize earnings benefits. Traditionally, banks have viewed their core systems as purely transaction processing and accounting systems. Lodestone sees them as tools to implement improved earnings.

Determine the appropriate internal organizational structure, the location for various deposit and lending activities in addition to the required staffing level at each department. Optimizing your profits requires a keen focus on right-sized departments to execute the business function (at times, generating additional revenues and profits requires adding key personnel within critical business functions). We identify improvements in procedures, workflow, data processing and other automation opportunities. Merger and Acquisition Consolidation services are used to better identify the projected value from combined organizations. Lodestone then helps to achieve projections soon after the M&A.

Lodestone improves lending business practices by streamlining, automating, and standardizing working methods, including credit administration. We review and analyze every commercial lending function, system and process as well as review knowledge level of all personnel and reporting structures. Our recommendations result in improved customer service and enhanced utilization of systems, through reduced redundancies and processing times. We right-size resource levels for maximum revenue and profits.