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