Integrated Receivables: Five Critical Factors for Adoption
In this new paper, we help you understand how to approach adopting a complete integrated receivables solution.
3 Point Alliance Facts:
Onsite and outsourced options with our proprietary software with web-based workflow tools to manage processes, images, exceptions, archival and data aggregation.
Clifton, NJ (PRWEB), May 22, 2014 – 3 Point Alliance, a leading remittance payments solutions provider, has released a white paper aimed at helping treasury and other payments professionals leverage best practices for managing payments compliance, risk and costs.
The paper, “Building Optimal Bill Payments Environments: Strategies for Managing Payments Types, Compliance and Risk,” provides insight into two major challenges facing the payments industry today:
This paper details these market challenges and discusses some of the key optimization practices billers would use to maintain a competitive edge in a bill payments landscape marked by explosive growth and innovation.
“Accelerated technological change in the payments arena is driving billers to seek payments strategies that holistically align with business and marketing objectives combined with a changing payments landscape. Increasingly billers conclude outsourcing the payments function – which our new white paper explores – can streamline the payments function, reduce risk, and more effectively manage burgeoning compliance issues,” said Gary Smith, national sales director at 3 Point Alliance.
Richard Daidone, co-founder and president of 3 Point Alliance, said, “Success in today’s payments environment means finding the optimal balance between fixed and variable costs while measuring indirect costs from risks associated with everything from data loss due to an unexpected event to regulatory fines for non-compliance with a new payments regulation. We equip billers with practical strategies that help manage these critical business processes appropriately.”
“Billers need to know their options when it comes to reviewing whether to outsource their payments,” said Norman Grunberg, 3 Point Alliance co-founder and president, “They need a flexible, scalable, resilient payments infrastructure that provides least-cost routing, actionable business intelligence, and a way to adopt new technology easily when responding to market drivers.”
This white paper describes what to look for in a payments provider and offers strategies for framing the payments outsourcing business process to control costs, reduce risk, manage compliance issues, and free up resources to respond to new marketplace opportunities.
Download a complimentary copy of the paper, “Building Optimal Bill Payments Environments: Strategies for Managing Payments Types, Compliance and Risk.”
About 3 Point Alliance
3 Point Alliance, Inc. is a leading provider of vertically integrated remittance processing solutions and services. Our four companies – 3 Point Payment Processing, Qwinstar Corporation, Equipment Leasing Organization and Business Continuity Services – together create innovative, efficient and cost-effective accounts receivables payments solutions for our clients. 3 Point’s wholesale and retail remittance processing centers enable flexible, scalable remittance payments solutions across many business categories. In addition to the Clifton, NJ corporate offices, 3 Point has processing centers in Philadelphia, PA; Seattle, WA; Saint Paul, MN; and, Chicago, IL. To learn more, visit: www.3ptalliance.com.
3 Point Alliance has expanded operations of all business capabilities and is now offering services for Canadian financial institutions, utilities, cable providers, healthcare organizations, local governments, and any company requiring remittance processing, maintenance, business continuity and financing strategies and solutions.
Maintenance services for both IBM and NCR equipment will be offered, making 3 Point Alliance the first non-OEM to offer comprehensive maintenance services with cross-trained technicians. All technicians will be trained at the company’s lab facilities, by experts in both IBM and NCR processing environments and equipment.