Make every dollar count.
Cash balances often accumulate across multiple accounts and institutions, while Earnings Credit Rates (ECRs) are accepted at face value. Meanwhile, the gap between what your cash is earning and what it could earn quietly compounds over time.
The complexity makes it even harder. ECR calculations are opaque, and comparing them to market benchmarks like Fed Funds, Treasury bills, or money market funds requires data that’s difficult to compile manually. Without a break-even analysis, it’s hard to know whether maintaining balances to offset bank fees is truly the best use of your cash.
The cost of inaction is lost yield.
Without a clear view of your balances and what they are earning, every underperforming dollar becomes a missed opportunity.
Leverage your balances and optimize your ECR.
The Open Fees Balance Optimization App gives you a live, comprehensive view of your balances across all your banking relationships, compares your ECR against real market benchmarks in real time, and calculates exactly how much you need to keep on deposit to offset your fees. Everything else can be put to work somewhere better.
Benchmark comparison
Know how your ECR stacks up against Fed Funds, Treasury bills, and money market funds in real time to uncover missed yield.
Break-even balance calculation
Keep only the cash needed to offset bank fees through ECR. Invest the rest with confidence.
Excess liquidity identification
Spot underperforming balances instantly and take action. No manual analysis. No spreadsheets.
Better returns in three simple steps
The Balance Optimization App connects to your banking relationships, runs the analysis, and tells you exactly where your money should be. Here’s how it works:
Connect and Import
Upload your balance and ECR data or connect your banking platforms. The app automatically consolidates balances across every institution, so you have a complete picture from day one.
Analyze and Benchmark
The app compares your ECR against live market benchmarks and calculates your break-even balance across each banking relationship. You can see at a glance where your cash is working and where it isn’t.
Act and Optimize
Use the app's real time insights to optimize your cash. Move excess liquidity into higher yielding investments, renegotiate ECR with your banks, and replace guesswork with data.
Simplicity built to grow with you.
Start for free and upgrade when you’re ready.
Free
Get started at no cost
The easiest way to see what Open Fees can do before you commit to anything.
- Access up to 2 apps
- Up to 5 banks or payment providers
- 1 user
- Manual file uploads (PDF, Camt83, EDI 820)
- Detailed dashboards and invoice analysis
- Limited Bank Health Check access (discrepancy analysis and optimization)
- Complementary benchmarks scorecard
Starter
For growing treasury teams
Access more of the platform and put real data to work across your banking relationships.
- Access up to 5 apps
- Unlimited users with Administrator access
- Manual file upload (PDF, Camt83, EDI 820, CSV)
- API and secure host-to-host bank connectivity*
- Detailed dashboards and fee analysis
- Full Bank Health Check analysis (catch all changes in volume and services)
- Unlimited hyper-detailed benchmarking analysis**
*API and host-to-host connectivity available upon request for a limited number of banks. Contact us for details.
**6 months of data required to run a Bank Health Check or detailed benchmarks analysis.
Go from clear as mud to clear as day.
Are you tired of wondering what you’re paying and why? With Open Fees, you get a single source of treasury truth—the kind that puts you in control of every banking cost and relationship. Request an invite to our Early Adopter program to start banking on intelligence today.
Explore the Bank Fees App
Balance optimization is only half the equation. The Bank Fees App identifies and eliminates overcharges across every banking relationship you manage.
See the full platform
The Balance Optimization App is one piece of a complete treasury relationship management solution. See everything the platform can do for your team.
Balance optimization, answered.
The questions treasury teams ask us most about ECR, idle cash, and the Balance Optimization App.
An Earnings Credit Rate (ECR) is the rate your bank applies to your deposit balances to offset the cost of banking services and fees. Instead of paying fees directly, you maintain a certain balance, and the bank credits you at that rate. The problem is that ECR is set by the bank and isn’t always competitive with what your cash could earn elsewhere. If your ECR is below market benchmarks like Fed Funds or Treasury bill rates, you’re effectively subsidizing your bank fees with below-market returns. Knowing where your ECR stands relative to the market is the first step to fixing it.
The app calculates your break-even balance by analyzing your fee structure and applying your current ECR. The result is the precise deposit level needed to offset your bank fees through earnings credits. Anything above that figure is excess liquidity that could be earning more elsewhere. The calculation runs for each of your banking relationships, so you get a clear picture at the account level.
The app sends an automated alert when your balances exceed your break-even threshold. From there, your team can evaluate whether to sweep the excess into a higher-yield instrument like a Money Market Fund or Treasury bills, use it to pay fees directly, or leave it in place if there’s a strategic reason to do so. The app gives you the information to make the right call.
Yes. The Balance Optimization App is built for organizations managing complex, multi-institution banking relationships. It consolidates balance data from all of your banking partners into a single view and runs benchmark comparisons and break-even analyses for each.
Most treasury management systems track balances, but very few give you real-time ECR benchmarking, break-even calculations, or automated alerts for excess liquidity. The Balance Optimization App is purpose-built for optimizing the relationship between your deposit balances and the fees you pay, which is a specific problem that general TMS platforms weren’t designed to solve. It also integrates with the rest of the Open Fees platform, so your balance data connects directly to your fee and document management, and relationship tracking, all in one place.