Reconciliation utility
Radius is able to work with its clients in building a reconciliation managed service that provides strategic partnership to its clients.
Key focus of the reconciliation utility model is to deliver recognised benefits through its offering as a centre for process excellence.
Typical stages of the utilities lifecycle are :
Consolidation
- Define a common global structure and delivery mechanism
- Offshore enabler of existing manual processes
- Introduction of the technology operating model
Partnerships
- Strategic partner/vendor consolidation
- Embedded innovation to deliver continuous improvement
- Variable cost model. STP vs Volume
- Workflow capabilities
Extension
- Utility capabilities to expand into further business areas
- Offer utility solution to other market particpants
