In this episode of The Open Ledger Podcast, host Stephan Ireland speaks with Damaari Drumright, Former VP Treasurer at Ankura, about treasury visibility, bank fee management, and banking relationships. Damaari explains how treasury teams often lose visibility as businesses grow, leading to higher costs, budget challenges, and missed opportunities to improve banking services. He discusses the importance of strong governance, better controls, and using data to identify issues before they become costly. Damaari also shares how technology, dashboards, and AI can help treasury teams improve visibility, manage bank fees more effectively, and make better decisions while maintaining strong banking relationships. With extensive experience in treasury and corporate finance, Damaari Drumright shares how treasury teams can improve visibility across banking relationships and bank fees as businesses grow. He explains how budget pressure, limited fee transparency, and manual processes can make it difficult to control banking costs and identify issues early. Damaari also discusses the importance of governance, dashboards, and strong controls. He highlights how data, technology, and AI can help treasury teams improve visibility, manage bank fees more effectively, and make better decisions about banking services and financial partnerships. In this episode, expect to learn: -How treasury teams lose visibility into bank fees and banking relationships as businesses grow -Why budgeting, governance, and strong controls are important for managing banking costs and improving treasury performance -How hidden bank fees, payment methods, and account growth can increase costs over time -The challenges of comparing bank fees, tracking pricing across multiple banks, and maintaining long term banking relationships -How data, dashboards, technology, and AI can help treasury teams improve visibility, control costs, and make better banking decisions 📢 Ready to improve transparency in your banking operations? Learn more and discover how to start banking on intelligence.Visit: https://www.open-fees.com/📢 Want more insights on treasury visibility and banking relationships? Explore additional episodes, articles, and expert resources.Visit: https://www.open-fees.com/resourcesTimestamps: [00:00] - Teaser [00:54] - Introduction of podcast and guest Damaari Drumright [04:07] - Budget Variance and Early Warning Signs [06:25] - Bank Fee Transparency and FX Costs [09:16] - Budget Planning and Banking Cost Management [12:56] - Treasury Budgeting and Peer Practices [16:53] - Strategic Banking Relationships and Fee Negotiation [19:23] - Treasury Lessons and Payment Control Challenges [24:00] - Building Better Controls and Treasury Governance [27:54] - Technology, AI, and the Future of Treasury [30:38] - Treasury Advice and Banking Best Practices "Disclosure: Portions of this episode (such as the introduction or promotional segments) use AI-generated voice narration produced under human editorial review." Follow our Guest Damaari Drumright on: -LinkedIn: https://www.linkedin.com/in/damaaridrumright/ -Ankura (LinkedIn): https://www.linkedin.com/company/ankura-consulting-group/ -Ankura (Website): https://ankura.com/ Follow Host Stephan Ireland on: -LinkedIn: https://www.linkedin.com/in/stephanireland/ Follow the Podcast: -YouTube: https://www.youtube.com/@openfees -Visit the Website: https://www.open-fees.com/ -Apple Podcasts: https://podcasts.apple.com/us/podcast/the-open-ledger/id1896878038 -Spotify: https://open.spotify.com/show/033sorpebHWsYCZCdoCkBq?si=60eddd8e59ba4320