Payment Processing Toolkit

Save time, empower your teams and effectively upgrade your processes with access to this practical Payment Processing Toolkit and guide. Address common challenges with best-practice templates, step-by-step work plans and maturity diagnostics for any Payment Processing related project.

Download the Toolkit and in Three Steps you will be guided from idea to implementation results.

The Toolkit contains the following practical and powerful enablers with new and updated Payment Processing specific requirements:

STEP 1: Get your bearings

Start with...


• The latest quick edition of the Payment Processing Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.


Organized in a data driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…


• Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation


Then find your goals...

STEP 2: Set concrete goals, tasks, dates and numbers you can track

Featuring 992 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which Payment Processing improvements can be made.

Examples; 10 of the 992 standard requirements:


1. Are there trends which could be rectified, as errors being made on sales order processing, inappropriate promises on payments being made by sales, a recurring functionality issue?
   
   

2. Is the oversight of all purchases and payments centralized in your organization office, including the issuance of all warrants and the processing of all contracts?
   
   

3. Does the rental payment processors system offer any additional benefits as online rental payments or access to free credit scores on its tenant facing interface?
   
   

4. Is the use of shared service providers to handle routine finance operations, as payroll and payment processing, an integral part of the finance strategy?
   
   

5. Have the threats been fully catered for in the strategic payments planning process, with appropriate assumptions made and necessary actions agreed?
   
   

6. Has your organization developed an internal processing system capable of separating payments received from related accounting departments?
   
   

7. Will you be notified when plan payment offsets will occur, and will plans have an opportunity to validate the accuracy before processing?
   
   

8. How interested would your business be in using an integrated payment processing service provided by one of your primary software vendors?
   
   

9. How will it impact your sales and client retention if you offer clients a solution to collect payments instead of just paying for yours?
   
   

10. What are best practices for maintaining check processing efficiency while dually maintaining an electronic payments migration focus?
    
    


Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:


• The workbook is the latest in-depth complete edition of the Payment Processing book in PDF containing 992 requirements, which criteria correspond to the criteria in...


Your Payment Processing self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:


• The Self-Assessment Excel Dashboard; with the Payment Processing Self-Assessment and Scorecard you will develop a clear picture of which Payment Processing areas need attention, which requirements you should focus on and who will be responsible for them:
  
  


• Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix

• Gives you a professional Dashboard to guide and perform a thorough Payment Processing Self-Assessment

• Is secure: Ensures offline data protection of your Self-Assessment results

• Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:



STEP 3: Implement, Track, follow up and revise strategy

The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage Payment Processing projects with the 62 implementation resources:


• 62 step-by-step Payment Processing Project Management Form Templates covering over 1500 Payment Processing project requirements and success criteria:


Examples; 10 of the check box criteria:


1. Schedule Management Plan: Is the steering committee active in Payment Processing project oversight?
   
   

2. Team Operating Agreement: How will you resolve conflict efficiently and respectfully?
   
   

3. Scope Management Plan: Do you have the reasons why the changes to your organizational systems and capabilities are required?
   
   

4. Schedule Management Plan: Are the processes for status updates and maintenance defined?
   
   

5. Project Schedule: Is the structure for tracking the Payment Processing project schedule well defined and assigned to a specific individual?
   
   

6. Project Management Plan: If the Payment Processing project management plan is a comprehensive document that guides you in Payment Processing project execution and control, then what should it NOT contain?
   
   

7. Change Management Plan: What risks may occur upfront, during implementation and after implementation?
   
   

8. Team Operating Agreement: Do you prevent individuals from dominating the meeting?
   
   

9. Quality Management Plan: How does your organization use comparative data and information to improve organizational performance?
   
   

10. Source Selection Criteria: Do you have designated specific forms or worksheets?


 
Step-by-step and complete Payment Processing Project Management Forms and Templates including check box criteria and templates.

1.0 Initiating Process Group:


• 1.1 Payment Processing project Charter

• 1.2 Stakeholder Register

• 1.3 Stakeholder Analysis Matrix


2.0 Planning Process Group:


• 2.1 Payment Processing project Management Plan

• 2.2 Scope Management Plan

• 2.3 Requirements Management Plan

• 2.4 Requirements Documentation

• 2.5 Requirements Traceability Matrix

• 2.6 Payment Processing project Scope Statement

• 2.7 Assumption and Constraint Log

• 2.8 Work Breakdown Structure

• 2.9 WBS Dictionary

• 2.10 Schedule Management Plan

• 2.11 Activity List

• 2.12 Activity Attributes

• 2.13 Milestone List

• 2.14 Network Diagram

• 2.15 Activity Resource Requirements

• 2.16 Resource Breakdown Structure

• 2.17 Activity Duration Estimates

• 2.18 Duration Estimating Worksheet

• 2.19 Payment Processing project Schedule

• 2.20 Cost Management Plan

• 2.21 Activity Cost Estimates

• 2.22 Cost Estimating Worksheet

• 2.23 Cost Baseline

• 2.24 Quality Management Plan

• 2.25 Quality Metrics

• 2.26 Process Improvement Plan

• 2.27 Responsibility Assignment Matrix

• 2.28 Roles and Responsibilities

• 2.29 Human Resource Management Plan

• 2.30 Communications Management Plan

• 2.31 Risk Management Plan

• 2.32 Risk Register

• 2.33 Probability and Impact Assessment

• 2.34 Probability and Impact Matrix

• 2.35 Risk Data Sheet

• 2.36 Procurement Management Plan

• 2.37 Source Selection Criteria

• 2.38 Stakeholder Management Plan

• 2.39 Change Management Plan


3.0 Executing Process Group:


• 3.1 Team Member Status Report

• 3.2 Change Request

• 3.3 Change Log

• 3.4 Decision Log

• 3.5 Quality Audit

• 3.6 Team Directory

• 3.7 Team Operating Agreement

• 3.8 Team Performance Assessment

• 3.9 Team Member Performance Assessment

• 3.10 Issue Log


4.0 Monitoring and Controlling Process Group:


• 4.1 Payment Processing project Performance Report

• 4.2 Variance Analysis

• 4.3 Earned Value Status

• 4.4 Risk Audit

• 4.5 Contractor Status Report

• 4.6 Formal Acceptance


5.0 Closing Process Group:


• 5.1 Procurement Audit

• 5.2 Contract Close-Out

• 5.3 Payment Processing project or Phase Close-Out

• 5.4 Lessons Learned


Results

With this Three Step process you will have all the tools you need for any Payment Processing project with this in-depth Payment Processing Toolkit.

In using the Toolkit you will be better able to:


• Diagnose Payment Processing projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices

• Implement evidence-based best practice strategies aligned with overall goals

• Integrate recent advances in Payment Processing and put process design strategies into practice according to best practice guidelines


Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.

Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'

This Toolkit empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make Payment Processing investments work better.

This Payment Processing All-Inclusive Toolkit enables You to be that person.

Includes lifetime updates

Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.