Bayberry Associates utilizes a four phase approach to determining your cash and treasury requirements:

Phase I - Getting to know you
Before we can offer meaningful solutions, we will first spend time with your company in order to get an understanding of how your business operates (the "look-under-the-hood" and "kick-the-tires" approach). We will then do a complete review of the cash management services that you are currently using. Following this, we will examine your current policies and procedures to determine the strengths and weaknesses of your present system. We will also assess your personnel currently involved with the cash process. Finally, we will listen to your concerns and goals.

Phase II - Our recommendations
Bayberry Associates will then be in a position to provide customized recommendations specifically tailored to your company’s needs. We will take into account your type of industry since some cash management practices are industry specific and adopting them will not be efficient or cost effective. Finally, the capabilities of your staff are also factored in as certain components of a cash system will not be beneficial if your staff can not handle them.

Phase III - The Request for Proposals (RFPs) Process
If applicable, we will next select a preferred list of banks or other service providers (new ones and possibly existing ones) that can provide you with the desired products and services. We will then prepare (if applicable )tailored RFPs for each bank/service provider to complete. Finally, we will evaluate the completed RFPs and choose the right bank/service provider that can best deliver the recommended products and services (meeting both your current and future requirements) in a cost effective manner.

Phase IV - Implementation and training
Finally, we will help with the implementation and offer complete training on whatever products and services are chosen. We will also provide as much handholding as necessary to get you and your staff completely comfortable. It will not help your company’s productivity or our reputation if new products or services are used improperly or scrapped altogether because of poor or incomplete training.