Built for the full complexity of bank relationships
Banking and payment vendor relationships mean juggling fees, contracts, contacts, balances, loans, and compliance across dozens of institutions. Open Fees brings it all into one platform.
From raw data to real decisions in three steps
Open Fees takes the most complex, fragmented financial data your team deals with every day and turns it into something you can actually act on. Here’s how it works:
1. Import
Connect your vendor platforms, existing tech stack (TMS, ERP) or upload your files. Open Fees pulls it all into one workspace, so your team spends less time hunting for data and more time using it.
2. Insights
Once your data is in, our AI/ML engine uncovers hidden inefficiencies, explains what you're paying and why, and benchmarks your banking relationships against industry peers—all in one customizable dashboard.
3. Action
Insights only matter if you act on them. Open Fees sends automated alerts that flag invoice anomalies before they become costly problems, keeping your team in control without manual review.
Every tool you need. One place to find them
Open Fees is built around a suite of specialized apps, each designed to tackle a specific part of your treasury relationship. Together, they give you complete visibility and control across every bank and payment vendor you work with.
Bank Fees
Manage and improve fee structures.
Use it for:
Reviewing monthly bank account analysis files, identifying gaps between negotiated rates and actual charges, catching unsolicited services, and automating fee monitoring so nothing slips through the cracks.
Balance Optimization
Leverage your balances and optimize your ECR.
Use it for:
Tracking balances against real-time benchmarks like Fed Funds and Treasury bills, calculating your break-even balance, and identifying excess liquidity that’s earning less than it should.
Documents
Centralize your bank and payment documents and information.
Use it for:
Storing and retrieving account analysis files, credit facilities, ISDA agreements, and trade confirmations in one secure, paperless hub. No more digging through inboxes or shared drives for the terms you need.
Contacts
Adopt a CRM for all your bank and payment vendors.
Use it for:
Organizing your full network of relationship managers, product specialists, and treasury officers, tracking every interaction, and making sure key contacts never fall through the cracks during staff turnover.
Payment Fees
Manage and improve your processing costs.
Use it for:
Monitoring payment processing fees across all your vendors, identifying where you’re overpaying, and getting the data you need to negotiate better rates with acquirers and PSPs.
Banking relationship Management
Understand your wallet-share analysis.
Use it for:
Getting a clear, real-time picture of how your banking spend is distributed, understanding which relationships are delivering value, and making faster, more confident strategic decisions.
Bank Account Management
Keep your house in order.
Use it for:
Maintaining an accurate, up-to-date record of every bank account across your organization, tracking signers and compliance requirements, and eliminating the chaos of managing accounts across multiple institutions.
Debt Management
Monitor all loans, LC’s and debt in one view.
Use it for:
Tracking all outstanding loans, lines of credit, and debt obligations in a single view so you always know your current position and never miss a critical deadline or covenant requirement.
Transaction Reconciliation
Verify reconciliations and dispute errors.
Use it for:
Automating the reconciliation process, flagging discrepancies between expected and actual charges, and building a clear paper trail when you need to dispute errors with your banking partners.
Connectivity
Sync directly with your vendor ecosystems.
Use it for:
Connecting Open Fees directly to your banking and payments platforms so data flows in automatically. Fewer manual uploads, fewer errors, and a system that stays current without extra effort from your team.
Risk Profile
Understand your organization’s risk profile.
Use it for:
Understanding your company’s credit rating and getting a consolidated view of your exposure across banking relationships, identifying concentration risk, and making sure your treasury strategy aligns with your organization’s risk tolerance.
Built to perform. Designed to last.
Open Fees isn’t just feature-rich. Every capability is built with the specific demands of treasury and finance teams in mind. Here’s what’s under the hood.
Powerful technology
Our AI/ML engine processes every file type your banking ecosystem throws at it, including TWIST, EDI, Camt86, CSV, and PDFs. It doesn’t just organize your data. It transforms it into intelligence you can actually use.
Benchmark ready
Stop negotiating blind. Open Fees gives you instant, transparent comparisons across banks and services so you always know exactly where you stand relative to your industry peers. Better data means better conversations.
Seamless experience
From onboarding to daily use, Open Fees is built to be intuitive. Connect your platforms, upload your files, and get to insights fast. No long implementation cycles, no steep learning curves.
Scalable and affordable
Whether you’re managing a handful of banking relationships or a global network across dozens of institutions, Open Fees grows with you. One platform, one price, built for organizations at every stage.
Simply secure
Open Fees is compliant with the most stringent treasury and finance regulations. Your data is protected at every level, so you can work with confidence knowing your most sensitive financial information is always secure.
Start banking
on intelligence today
See what Open Fees can do for your treasury team. Request early access today and get hands-on with the only platform built to manage the full complexity of your banking and payment relationships.
Everything you want to know about the Open Fees platform
Here are the questions we hear most from treasury teams exploring Open Fees:
Open Fees is built to handle whatever your banking ecosystem sends your way. The platform processes all major file types, including TWIST, EDI, Camt86, CSV, and PDFs. You can connect directly to your vendor platforms for automatic syncing, or manually upload files at any time. Either way, the data gets organized and analyzed automatically, so your team isn’t spending hours formatting or cleaning anything up.
Once your data is in the platform, fully encrypted and anonymized , Open Fees compares your banking fees, rates, and service costs against real industry benchmarks. You can see at a glance how your relationships stack up against peers of similar size and complexity. That context is what turns raw data into negotiating power. You’ll know exactly where you’re getting a fair deal and where there’s room to push back.
Open Fees is built to scale in both directions. Whether you’re a lean treasury team managing a focused set of banking relationships or a global finance operation working across dozens of institutions and currencies, the platform adapts to your complexity. Pricing is structured to be accessible regardless of organization size.
Security is built into the platform from the ground up. Open Fees is compliant with the most stringent treasury and financial data regulations, and every layer of the platform, from data transmission to storage, is designed with your security requirements in mind. You get the full power of an intelligent platform without compromising on the data protection standards your organization demands. Check our trust center to check on our latest standards in terms of data privacy and security.