5 Steps to Easier Payments Outsourcing
Post on 08-Jul-2015
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Remittance Payments Processing Best Practices
What You Need to Know
5 Steps to Creating New RP Processing
Eff iciencies
What You Need to Know 5 Steps to Creating New RP Processing
Efficiencies
1
Understand the Business Case
What You Need to Know 5 Steps to Creating New RP Processing
Efficiencies
2
Build the Outsourced Payments Solution
Step-by-Step
What You Need to Know 5 Steps to Creating New RP Processing
Efficiencies
3
Review the Required Business Services
What You Need to Know 5 Steps to Creating New RP Processing
Efficiencies
4
Air-tight Implementation Planning
What You Need to Know 5 Steps to Creating New RP Processing
Efficiencies
5
Validation & Contract Management
First: Identify Your Payments Processing Risk
8 Relevant Questions to Determine Potential
Payments Risk
First: Identify Your Payments Processing Risk8 Relevant Questions to Determine
Potential Payments Risk
1Do you know the indirect cost of
processing errors and exceptions handling?
First: Identify Your Payments Processing Risk8 Relevant Questions to Determine
Potential Payments Risk
2Can you meet time-sensitive
payments requirements for all payments types?
First: Identify Your Payments Processing Risk8 Relevant Questions to Determine
Potential Payments Risk
3Do you have national-scale
payments routing?
First: Identify Your Payments Processing Risk8 Relevant Questions to Determine
Potential Payments Risk
4Are you choosing your provider on
price alone?
First: Identify Your Payments Processing Risk8 Relevant Questions to Determine
Potential Payments Risk
5Are you leveraging enterprise-level
business intelligence to contain costs?
First: Identify Your Payments Processing Risk8 Relevant Questions to Determine
Potential Payments Risk
6Do you have a comprehensive
payments strategy in place tailored to your needs?
First: Identify Your Payments Processing Risk8 Relevant Questions to Determine
Potential Payments Risk
7Are your disaster recovery and
business continuity plans current?
First: Identify Your Payments Processing Risk8 Relevant Questions to Determine
Potential Payments Risk
8Can your payments provider
demonstrate financial strength?
Second: Address 4 Key Outsourcing Objectives
Can Your Provider Deliver…?
Second: Address 4 Key Outsourcing ObjectivesCan Your Provider Deliver…?
1Value for Money – Evaluate how your vendor allocates resources
Second: Address 4 Key Outsourcing ObjectivesCan Your Provider Deliver…?
2Effectiveness – Is there a ‘get it
done’ approach to the relationship?
Second: Address 4 Key Outsourcing ObjectivesCan Your Provider Deliver…?
3Efficiency – Does the solution
provide benchmarking tools for measuring results?
Second: Address 4 Key Outsourcing ObjectivesCan Your Provider Deliver…?
4Economy – Is there a sufficient ROI
to achieve your business objectives?
Best Practice #1
Understand the Business CaseDefine business case objectives early
in the outsourcing process.
Best Practice #2
Build an Outsourced Payments Solution Tailored to Your Needs
Best Practice #3
Required Services Review
Best Practice #4
Payments Transition Roadmap & Implementation
Best Practice #5
Validation & Contract Management
Start improving your remittance payments outsourcing business process and download
our free guide today:
A 5-Step Guide to Easier Payments Outsourcing:�Best Practices for Payment and Remittance Outsourcing
3 Point Alliance is a pioneer in the development and deployment of vertically integrated remittance processing software and hardware, business continuity services
and financing for in-sourced and out-sourced payment applications.
To learn more, visit: http://www.3ptalliance.com.
Contact:�Gary I. Smith
National Sales Director3 Point Payment Processing
Email: gsmith@3ptalliance.comPhone: (215) 378.7312
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