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Remittance Payments Processing Best Practices
What You Need to Know
5 Steps to Creating New
RP Processing
Efficiencies
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 Risk
8 Relevant Questions to Determine
Potential Payments Risk
1
Do you know the indirect cost of
processing errors and exceptions
handling?
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?
First: Identify Your Payments Processing Risk
8 Relevant Questions to Determine
Potential Payments Risk
3
Do you have national-scale
payments routing?
First: Identify Your Payments Processing Risk
8 Relevant Questions to Determine
Potential Payments Risk
4
Are you choosing your provider on
price alone?
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?
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?
First: Identify Your Payments Processing Risk
8 Relevant Questions to Determine
Potential Payments Risk
7
Are your disaster recovery and
business continuity plans current?
First: Identify Your Payments Processing Risk
8 Relevant Questions to Determine
Potential Payments Risk
8
Can your payments provider
demonstrate financial strength?
Second: Address 4 Key
Outsourcing Objectives
Can Your Provider Deliver…?
Second: Address 4 Key Outsourcing Objectives
Can Your Provider Deliver…?
1
Value for Money – Evaluate how
your vendor allocates resources
Second: Address 4 Key Outsourcing Objectives
Can Your Provider Deliver…?
2
Effectiveness – Is there a ‘get it
done’ approach to the relationship?
Second: Address 4 Key Outsourcing Objectives
Can Your Provider Deliver…?
3
Efficiency – Does the solution
provide benchmarking tools for
measuring results?
Second: Address 4 Key Outsourcing Objectives
Can Your Provider Deliver…?
4
Economy – Is there a sufficient ROI
to achieve your business
objectives?
Best Practice #1
Understand the Business Case
Define 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:Be
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 Director
3 Point Payment Processing
Email: gsmith@3ptalliance.com
Phone: (215) 378.7312

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5 Steps to Easier Payments Outsourcing

  • 2. What You Need to Know 5 Steps to Creating New RP Processing Efficiencies
  • 3. What You Need to Know 5 Steps to Creating New RP Processing Efficiencies 1 Understand the Business Case
  • 4. What You Need to Know 5 Steps to Creating New RP Processing Efficiencies 2 Build the Outsourced Payments Solution Step-by-Step
  • 5. What You Need to Know 5 Steps to Creating New RP Processing Efficiencies 3 Review the Required Business Services
  • 6. What You Need to Know 5 Steps to Creating New RP Processing Efficiencies 4 Air-tight Implementation Planning
  • 7. What You Need to Know 5 Steps to Creating New RP Processing Efficiencies 5 Validation & Contract Management
  • 8. First: Identify Your Payments Processing Risk 8 Relevant Questions to Determine Potential Payments Risk
  • 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. 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. First: Identify Your Payments Processing Risk 8 Relevant Questions to Determine Potential Payments Risk 3 Do you have national-scale payments routing?
  • 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. 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. 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. 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. First: Identify Your Payments Processing Risk 8 Relevant Questions to Determine Potential Payments Risk 8 Can your payments provider demonstrate financial strength?
  • 17. Second: Address 4 Key Outsourcing Objectives Can Your Provider Deliver…?
  • 18. Second: Address 4 Key Outsourcing Objectives Can Your Provider Deliver…? 1 Value for Money – Evaluate how your vendor allocates resources
  • 19. Second: Address 4 Key Outsourcing Objectives Can Your Provider Deliver…? 2 Effectiveness – Is there a ‘get it done’ approach to the relationship?
  • 20. Second: Address 4 Key Outsourcing Objectives Can Your Provider Deliver…? 3 Efficiency – Does the solution provide benchmarking tools for measuring results?
  • 21. Second: Address 4 Key Outsourcing Objectives Can Your Provider Deliver…? 4 Economy – Is there a sufficient ROI to achieve your business objectives?
  • 22. Best Practice #1 Understand the Business Case Define business case objectives early in the outsourcing process.
  • 23. Best Practice #2 Build an Outsourced Payments Solution Tailored to Your Needs
  • 24. Best Practice #3 Required Services Review
  • 25. Best Practice #4 Payments Transition Roadmap & Implementation
  • 26. Best Practice #5 Validation & Contract Management
  • 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. 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. 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