A Compelling Business Case for BOC Adoption, Now.
This study found that the Retailer could reduce bank fees by 97%, improve access to funds by 54% and reduce losses from returned items by 20% through implementation of BOC via conversion into an ACH payment (BOC/ACH). By implementing BOC/ACH, Retailer realizes an overall savings of 59.9%. The projected annual benefit for the Retailer would be $4.4 million, enterprise-wide... More
Maximizing the Return on ARC in a post-Check 21 World
This study documents that remittance processors can realize savings of 37.9% of their operating budget if they implement a solution that takes full advantage of the capabilities of ARC and Check 21 applied in concert. In addition to lower clearing fees and improved float, a joint ARC/Check 21 solution – the “Next Wave” of ARC implementation, if you will – also generates substantial operational benefits... More
Mastering the Multi-Channel Payments Environment
Upon initial review, sourcing applications from multiple software vendors for individual payments mechanisms and clearing channels doesn't seem so bad. Applications can be quickly added to an organization's payments processing mix to respond rapidly to changing business needs…More
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