One of the most significant cost components incurred by any business entity is the cost of broadly defined banking services. These include both fees charged by the bank for operations performed on behalf of the enterprise (domestic and international transfers, check verification, cash turnover processing, issuing opinions, etc.), as well as interest or commissions on granted loans.
The objective necessity of constantly increasing the efficiency of management in market economy conditions forces enterprises to seek cost reductions in all areas of activity, including the sphere of banking services (including loans). This raises the question of whether the methods used by business entities in this regard can be considered sufficiently effective?
The article comes from the magazine “Logistyka” 2002/4.