Payment Ecosystem Assessment
Transactions seem like such a simple concept; we obtain a product and/or service and pay for it. However, this is much more complicated behind the scenes. There are many ways to pay, physical check, Automated Clearing House (ACH), Credit/Debit cards, and new emerging ways such as Paypal, Venmo, CashApp and many more to come.
There is batch processes and real time payments to your systems and the banks and it’s challenging to reconcile that day or a few days later.
We will help you to navigate this world and ensure your efficient at what you do today and maximize what you can do tomorrow with Application Programming Interfaces (API’s) and Request to Pay (RTP) real time payment methodologies.
Payment Processing vendor fee’s can be very expensive and you may be paying more than you should. We will look at your rates and fee structure and assist in renegotiating better rates and Service Level Agreements (SLA’s) that financial align you and your payment partner.
