Improve procedures and productivity so you’re always ready for opportunity.
Agile means working hard to avoid getting bogged down by useless procedures, so that you’re always ready to seize new opportunities when they arise.
Some key efficiencies that agile companies seek to uncover include shortening business processes to save expenses, reducing costs and effort, improving productivity and saving time, and freeing up bandwidth to act faster when new opportunities arise.
Every company would like to implement continuous improvements to achieve agility,
but such processes can be hard to get right. Some companies may not have clarity of purpose, or lack skills, staff and the right tools.
Digital payments can be an impactful tool in gaining business process efficiencies and they they can have a direct effect on customer engagement and lifetime value.
A responsive, accurate, and reliable payments system helps companies stand apart by making them more efficient and customer-focused than the competition. So let’s take a step back to see what different types of buyers and other payers, and sellers and other other payees need — and how payment workflows can help create agile processes.