BankLab™
BankLab™ is PwC’s digital analytics solution that offers external bank fee comparison and extensive cash management market insights to boost your cash management strategies.
Constantly updated by banks and the PwC network, you have continual access to the latest information on what’s possible from a cash management perspective in more than 150 countries. BankLab ™ benchmarks bank fees with best-in-class pricing points, facilitates requests for proposals (RFPs) for bank selections, and provides actionable insights into banks’ footprints, products, and services.
With BankLab™, you gain full transparency on spend, can explore tailored scenarios, and make confident decisions, unlocking savings of 20% to 70% while simplifying complex processes. BankLab™ is a smarter way to optimise your banking landscape.
Turning Insight into Action: What BankLab™ Delivers
Improved Cost Visibility
BankLab™ reveals the true cost of your banking infrastructure. Empowered by AI technology, it breaks down fees and identifies hidden costs, giving you clarity on exactly where money goes. Real transparency empowers better decision making and uncovers hidden savings.
Secured Savings
Benchmarking and scenario analysis help you evaluate different options and negotiate better. With evidence-based insights, you can optimise service usage and secure savings of up to 70%, turning data into measurable value.
Better Cash Management
Stay ahead with real-time market intelligence across 150 countries. BankLab™ helps you understand the latest innovative services and products on the market and tailor cash management strategies to local realities.
More Efficient Process
From as-is analysis to RFPs, BankLab™ streamlines every step with embedded templates and dashboards to analyse data. You can manage requests, collect responses, and compare offers, all in one platform. It’s faster, clearer, and built for confident decision making.
What you get with BankLab™
01
Benchmarking tool
Compare bank charges against those offered to other companies, with a detailed breakdown of existing costs, to make sure future deals are competitive.
02
Project management tool
BankLab™ acts as a single interface for bank selection, supporting RFPs by sending requests, collecting bank inputs, and enabling like-for-like analysis and comparison.
03
Global Footprint and Functional Offerings
BankLab™ provides country coverage of banks’ products/services, helping you identify potential suitable banks before the RFP stage and save time.