Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

5 Steps to Easier Payments Outsourcing

835 views

Published on

Download 3 Point Alliance's guide to easier payment outsourcing. This guide contains actionable information that biller organizations can use to improve their remittance payments outsourcing business process. Download the free guide today: http://bit.ly/1jc2rXy

Published in: Business
  • Be the first to comment

  • Be the first to like this

5 Steps to Easier Payments Outsourcing

  1. 1. Remittance Payments Processing Best Practices
  2. 2. What You Need to Know 5 Steps to Creating New RP Processing Efficiencies
  3. 3. What You Need to Know 5 Steps to Creating New RP Processing Efficiencies 1 Understand the Business Case
  4. 4. What You Need to Know 5 Steps to Creating New RP Processing Efficiencies 2 Build the Outsourced Payments Solution Step-by-Step
  5. 5. What You Need to Know 5 Steps to Creating New RP Processing Efficiencies 3 Review the Required Business Services
  6. 6. What You Need to Know 5 Steps to Creating New RP Processing Efficiencies 4 Air-tight Implementation Planning
  7. 7. What You Need to Know 5 Steps to Creating New RP Processing Efficiencies 5 Validation & Contract Management
  8. 8. First: Identify Your Payments Processing Risk 8 Relevant Questions to Determine Potential Payments Risk
  9. 9. First: Identify Your Payments Processing Risk 8 Relevant Questions to Determine Potential Payments Risk 1 Do you know the indirect cost of processing errors and exceptions handling?
  10. 10. First: Identify Your Payments Processing Risk 8 Relevant Questions to Determine Potential Payments Risk 2 Can you meet time-sensitive payments requirements for all payments types?
  11. 11. First: Identify Your Payments Processing Risk 8 Relevant Questions to Determine Potential Payments Risk 3 Do you have national-scale payments routing?
  12. 12. First: Identify Your Payments Processing Risk 8 Relevant Questions to Determine Potential Payments Risk 4 Are you choosing your provider on price alone?
  13. 13. First: Identify Your Payments Processing Risk 8 Relevant Questions to Determine Potential Payments Risk 5 Are you leveraging enterprise-level business intelligence to contain costs?
  14. 14. First: Identify Your Payments Processing Risk 8 Relevant Questions to Determine Potential Payments Risk 6 Do you have a comprehensive payments strategy in place tailored to your needs?
  15. 15. First: Identify Your Payments Processing Risk 8 Relevant Questions to Determine Potential Payments Risk 7 Are your disaster recovery and business continuity plans current?
  16. 16. First: Identify Your Payments Processing Risk 8 Relevant Questions to Determine Potential Payments Risk 8 Can your payments provider demonstrate financial strength?
  17. 17. Second: Address 4 Key Outsourcing Objectives Can Your Provider Deliver…?
  18. 18. Second: Address 4 Key Outsourcing Objectives Can Your Provider Deliver…? 1 Value for Money – Evaluate how your vendor allocates resources
  19. 19. Second: Address 4 Key Outsourcing Objectives Can Your Provider Deliver…? 2 Effectiveness – Is there a ‘get it done’ approach to the relationship?
  20. 20. Second: Address 4 Key Outsourcing Objectives Can Your Provider Deliver…? 3 Efficiency – Does the solution provide benchmarking tools for measuring results?
  21. 21. Second: Address 4 Key Outsourcing Objectives Can Your Provider Deliver…? 4 Economy – Is there a sufficient ROI to achieve your business objectives?
  22. 22. Best Practice #1 Understand the Business Case Define business case objectives early in the outsourcing process.
  23. 23. Best Practice #2 Build an Outsourced Payments Solution Tailored to Your Needs
  24. 24. Best Practice #3 Required Services Review
  25. 25. Best Practice #4 Payments Transition Roadmap & Implementation
  26. 26. Best Practice #5 Validation & Contract Management
  27. 27. Start improving your remittance payments outsourcing business process and download our free guide today: A 5-Step Guide to Easier Payments Outsourcing:Be
  28. 28. 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.
  29. 29. To learn more, visit: http://www.3ptalliance.com. Contact: Gary I. Smith National Sales Director 3 Point Payment Processing Email: gsmith@3ptalliance.com Phone: (215) 378.7312

×