Challenged with identifying new ideas, PROFIT INSIGHT still uncovered earnings improvement solutions ranging from £40 - £68 million for this valued customer.
Client needed to identify opportunities to reduce operational costs and leakage, streamline card operations, improve process efficiency and increase bottom line earnings.
Profit Insight had worked with the client previously on three prior engagements generating significant revenue and savings. Client challenged Profit Insight to capture and implement new ideas not previously identified in prior engagements.
Profit Insight conducted a 12-month review of detailed authorizations and transactions leveraging the PI3 analytics platform to quickly evaluate the data and formulate recommendations.
Profit Insight worked with the client to define a series of account profit and loss models leveraging the analytics platform and its capabilities.
Even though Profit Insight conducted 3 prior earnings enhancement engagements, Profit Insight identified and recommended ideas ranging in value from £40.2m and £68.3m with several presented ideas currently in planning stages for implementation.