What are the consequences of Instant Payments for your organisation?
Your clients expect instant processing of their payments when they purchase your products or services. This has an impact on you as a business and on your operational and logistic processes. For example, instant display of payments in your client portal and real-time reconciliation of these. Do not forget that payment traffic now continues over weekends and evenings. In addition, it often requires acceleration of your processes; cash management, bank relationship management, payment methods, payment channels, etc.
What does this mean for your own organisation and respective operational processes and how can you manage this? Have you considered this or undertaken any action yet?
In discussions with our clients, it has emerged that there is a strong need for clarity about the impact and opportunities presented by Instant Payments. Enigma Consulting can assist in the form of an Instant Payments Scan for your company. We ascertain the impact and opportunities in consultation with you, enabling you to devise the best strategy for Instant Payments.
This scan is based on ascertaining the impact of instant payments across the whole chain.
We clarify the choices you will need to make step by step, from Front to Mid to Back office including liquidity management and reconciliation.
This approach proved very useful in a session Enigma hosted for a number of companies. We have also incorporated the experiences gleaned from this session into our Scan.
We would be delighted to provide you with this service!