CHARLESTON, S.C., March 19, 2018 (GLOBE NEWSWIRE) — SIB Fixed Cost Reduction announced today that it has hired financial industry insider Finley Horner as Director of Treasury Management. In this role, Horner will conduct all treasury reviews and work with SIB’s clients to negotiate and implement the most competitive bank fees on their behalf.
Horner brings more than 25 years of industry experience working with Fortune 500 companies, providing strategic cash management and operational best practices expertise. He was most recently vice president of treasury sales for SunTrust Bank and prior to that, directed treasury services for PNC Bank, Fannie Mae, Capital One and Freddie Mac.
“Finley built his career at some of the largest banks in America,” said Drew McLean, SIB’s VP of Client Success. “This insider expertise – decades of treasury management knowledge and negotiation from the other side of the table – will be a huge benefit to our clients and drive significant savings.”
SIB Fixed Cost Reduction was founded in 2008 and works with restaurant groups, hospitals, senior living facilities, universities, retail stores, Fortune 500 companies, and a host of other multiple-site organizations to analyze and reduce their fixed monthly costs. The company has grown to include offices in Charleston and New York.
“Helping our clients achieve the most competitive bank fees and optimize treasury service levels will be my singular focus,” said Horner. “I look forward to putting my expertise to use on the client side.”
About SIB Fixed Cost Reduction
SIB Fixed Cost Reduction specializes in reducing monthly expenses for companies with multiple locations. Unlike other companies, SIB only bills based on the savings they find, and clients are not billed until savings are realized. SIB has analyzed over $3B in spend across more than 50,000 locations nationwide. This expertise across a variety of industries and audit categories allows SIB to effectively rectify billing errors and negotiate lower pricing for our clients without changing vendors or service levels across dozens of spend categories, including telecom, utilities, waste removal, bank fees, maintenance contracts, and more. For more information about SIB, visit www.AboutSIB.com.