Bank Revenue Assurance and Recovery through Data Analytics

Course Objective:

This course is designed to help bank executives and officers understand the remote root causes of revenue leakages that erode profitability, and to show them how technology can be used to identify and deal with these problems to liberate your trapped revenue into profits.  It is that simple, and that is what this course is all about.  This will help organizations:
•    Optimize value by effectively managing areas of revenue activity
•    Maximize profitability by continuously tracking and assuring every revenue generation transaction
•    Promote business agility,  through real-time response to changes in revenue transaction cycles

Course Outline:

•    Insights into Bank Revenue Cycles
•    Internal Control Issues in Bank Revenue Management
•    Bank Database Integrity Issues
•    Continuous Monitoring of Bank Revenue Cycles
•    Continuous Controls and Auditing
•    Revenue Data Analysis for Error and Fraud Detection
•    Revenue Leakage Root Cause Analysis
•    Identifying and Qualifying Reportable Conditions
•    Orchestrating Revenue Assurance for Banking Institutions
•    Application of CAATs in Bank Revenue Assurance
•    Recovering Revenue Leakages: Stanch the Loss, Increase your Profits