In the fast-paced world of business, payment processing is more than just a back-office function—it’s the backbone of effective financial management. By accurately capturing data from a company’s daily transactions, firms can gain a clear view of their current liabilities and earnings, which is essential for strategic decision-making.
Efficient payment processing is a game-changer for enterprises, enabling CEOs and CFOs to make informed decisions that drive cost reduction and optimize cash flow management. In a data-driven landscape, timely and accurate payment processing empowers organizations with the financial agility needed to stay competitive, resilient, and flexible.
Recognizing the critical importance of this function, ARDEM stands out among top BPO companies, offering premier payment processing outsourcing solutions. We’re proud to be named one of the leading payment processing BPO firms by respected platforms like Clutch and Superb Companies, underscoring our commitment to excellence in business process outsourcing.
Discover ARDEM’s Payment Processing Solutions
What is Payment Processing?
At ARDEM, we believe in serving our clients to the best of our abilities and are extremely proud of delivering successful outsourcing solutions year after year.
When we talk of transaction or payment processing at the most basic level; a transaction refers to an exchange between two parties. It can be between a company and its vendors or its customers. Irrespective of its nature, every transaction must be duly recorded to ensure proper diligence and timely processing, including dispatching customer orders and making timely payments to current vendors.
Before we explore how ARDEM’s teams build and implement successful payment processing solutions for our clients, let us take a look at the most common issues that hinder efficient transaction processing:
- Continued dependence on manual processing that is subject to delays, errors, and careless mistakes.
- Outdated and unorganized processing, lack of proper coordination or alignment between different systems and departments.
- Lack of clear and accurate reporting on current and periodic transactions which results in a lack of visibility and hinders critical decision-making.
- A decentralized operating model which creates dissonances between different processes, resulting in redundancies, loss, and delays.
- Absence of standard regulatory protocols that lower efficiency.
- Lack of access to real-time data analytics and periodic performance charts that reveal the true state of the finance and operations systems.
What Sets Us Apart
ARDEM’s transaction processing services are specially designed to accelerate data processing. We also constantly focus on improving accuracy to provide timely analytics and faster reporting for smarter enterprise management.
We further recognize that as your business grows there is a greater need for efficient transaction processing services to provide quick and exceptional customer service.
Many of these tasks are tedious and time-consuming, but without great attention to detail, errors in processing can cause larger problems downstream. ARDEM accurately captures and processes data from varied enterprise transactions to ensure that each is fulfilled to further increase efficiency and manage your cash flow.
Unleash the Power of Data with the ARDEM Collaboration Platform
Using our proprietary cloud-based virtual workspace, the ARDEM Collaboration Platform, we streamline your workflow with a cost-effective solution that helps to free up your internal resources and refocus them on core business processes.
We also train remote teams using our customized virtual training processes that ensure the best outcomes for your transaction processing requirements.
Our live dashboard further comes with customizable features that allow you to view the status of each transaction in real-time and plan your future steps accordingly.
Discover the ARDEM Advantage in Payment Processing
Accelerating Sales Order Processing
Our sales order processing solutions are designed to help you build a strong market reputation for excellence with efficient sales order processing.
With the aid of our intelligent processing services, you can ensure systematic order processing that starts with accurate data capture and entry. We further use automation for your order processing steps for backend efficiency and faster order fulfillment.
Our high-performance remote teams work in round-the-clock shifts to ensure real-time order processing within 24 hours while improving efficiency and implementing quality assurance. Faster processing at our end empowers timely order fulfillment at your end. This results in high customer satisfaction.
Streamlining Claims Processing
We also offer precision processing and verification for different types of claims to ensure higher approval rates and timely dispensation of compensation.
Our claims processing workstream eliminates errors and streamlines application processing. It also ensures faster turnaround with our state-of-the-art processes executed by proprietary software bots.
We further incorporate effort-based processing to handle specialized data requirements whereinwe combine our dual data entry with in-house processing. This helps us deliver 99.97% accuracy.
Our team of qualified analysts with industry experience amplifies the benefits of automated efficiency to accelerate and improve your internal operations.
Accelerating Financial Transaction Processing
ARDEM’s finance transaction processing solutions provide fully managed finance and accounting outsourcing services. Thus, we provide efficient back-office support for a smoother finance function.
Our payment processing outsourcing services seek to streamline tedious yet essential tasks. These include invoice management, accounts payable, accounts receivable alongside bookkeeping, QuickBooks accounting, bank reconciliation, and more.
With nearly two decades of experience in the finance and accounting outsourcing sector, we have the expertise to shorten your processing cycles and improve accuracy.
Our payment processing BPO services also handle challenges like exceptions, duplicate bills, and incomplete or missing information. We even interact directly with your bank and vendors to ensure a comprehensive solution for your finance function.
By doing so, we provide greater transparency and visibility into your financial operations, helping you make smarter decisions for business growth and success.
Implementing Efficiency in Manufacturing Processing
One of the greatest challenges in manufacturing is maintaining an efficient process to provide quality work within a strict deadline. ARDEM offers you the advantage of 16 years’ worth of experience in improving backend efficiency for the manufacturing industry.
We take care of everything from entering orders and processing invoices to calculating conversion costs and carrying out document management. We help reduce your workload allowing your internal team to focus on improving customer service.
Our manufacturing processing services further offer you high precision for smarter bottom-line management and success.
Enhancing Logistics Payment Processing
As a leading transaction processing company, ARDEM provides fully integrated logistics outsourcing services. We cover a range of functions including issuing load statements, freight billing and auditing, bill of lading (BOL) processing, optimizing load confirmation statements, etc.
Our aim is to increase your agility, improve accuracy, and boost client satisfaction.
Simplifying Insurance Processing
Most insurance firms receive a large volume of insurance commission statements, forms, and claim applications daily.
All this data needs to be organized as soon as possible with the greatest possible accuracy and speed. Taking day-to-day repetitive tasks like data entry off your plate, ARDEM offers smart insurance outsourcing services to help clear away your backlog. We do this by implementing OCR technology, intelligent automation, and responsive solutions for faster processing.
We even process hand-filled forms and can decipher and extract handwritten data for faster data delivery and accelerated application processing.
Our primary goal is to ensure your path to success with advanced enterprise data management.
The ARDEM Promise
Improving Accuracy and Reducing Costs
As your business grows, so do your payment processing needs. Managing increased transaction volumes can be challenging, especially without standard operating procedures and clear visibility. ARDEM as one of the top payment processing BPO firms offers payment processing outsourcing solutions that allow you to quickly upgrade your internal processes. Within weeks, you can access global, high-performance remote teams that are specially trained to handle your payment processing with accuracy and speed, ensuring a cost saving of 30-40%.
Implementing Flexibility and Scalability
At ARDEM, we provide flexible and scalable payment processing BPO solutions. We anticipate changes in transaction volumes and adjust your teams accordingly to ensure seamless, uninterrupted operations. As one of the top BPO companies, we strive to exceed customer expectations by solving complex problems with dedication and persistence.
Ensuring Data Security and Confidentiality
Data security and confidentiality are critical in payment processing outsourcing. As an ISO27001-certified firm, ARDEM prioritizes the protection of your data. Our stringent security measures ensure that your data remains confidential and is accessible only to authorized personnel. We comply with GDPR, PCI, PHI, PII, and HIPAA regulations, providing you with peace of mind.
ARDEM still continues to secure a place in top BPO companies in the USA. We’re also one of the most trusted payment processing BPO firms in the world. If you’re interested in learning how ARDEM can streamline your payment processing for better visibility and growth, reach out to us to schedule a free 15-minute consultation with our experts today.
