Posts Tagged ‘financial sector’
Why Checking Accounts of Small Businesses to Play a Larger Role?
A recent study by Synergistic Research Corporation reveals the importance of corporate controls and current accounts to small businesses.
The relationship that both companies and individuals with the financial institution to manage their funds generally stable. People do not change themselves, often because it is a nuisance. The same is true for businesses.
However, we show the results published by Synergistic, it was “an important part of the activity around small business account control.”
Research shows that about one third of the smaller organizations open or close an account in the last two years. Over 25% have opened a new account with the same period.
Genie Driskill, COO of Synergistic notes that the credit in the past it was thought that the most important financial service for small businesses.
“But small businesses have already passed control front and center, and small business bankers have stressed the importance of these products as the main custodian of the department of small business relations, especially since the crisis credit standards resulting from the credit crunch has virtually stopped lending to small businesses, “said Driskill.
It was difficult for the average firm size; a loan by the sluggish economy and problems in the financial sector receives.
What is interesting about this study is that entrepreneurs in particular, more open new checking accounts and closing old ones. 27% have opened new accounts, while 15% have closed accounts. Only 8% did.
These results show that financial institutions should review their business customers to adequately protect and also new features and benefits to customers with business accounts.
This is generally not necessary in the case of companies. Few businesses can earn rewards checking accounts or debit cards, even if you compare your credit card. Only one offer of twenty business accounts for each type of incentive award.
Features such as overdraft protection can also win for small businesses. This type of protection may also be useful for a company, as is the consumer.
Study data show that companies are still Synergistic considered the preferred method for conducting financial transactions in the world of small businesses.
When a company uses to control access to resources already available. This is something that consumers and experts have had to adapt. While credit remains difficult economic and controls are a necessity.
ING Direct is the Bank Most Recommended in Spain
According to the press report in 2010 Reputation ING Direct is the first Spanish entity to recommend it to others first and be prepared to speak positively.
Reputation Pulse is a report analyzing 140 companies selected according to their sales and reputation in Spain, in order to measure the public perception in terms of four variables that are the admiration, trust, printing and esteem.
The study has left the bank ING Direct winner with the best reputation in the financial sector in Spain a good result given that only five have reached a position in the top 100 companies with the best reputation.