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