How to Evaluate a Business Case for ARC - Association for Financial Professionals

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Summary

This document is a guideline for evaluating a business case for implementing Accounts Receivable (ARC) check conversion. Sections of the paper include: A brief overview of ARC check conversion; A Quick Evaluation Matrix for determining the potential of an organization's ARC check conversion business case; Detailed instructions for analyzing a business case; and Resources for additional information on ARC check conversion. Read the executive summary.

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The Quick Evaluation Matrix is based on information compiled by the Business Issues Work Group of the TAWPI Remittance Processing Check Conversion Council. The Remittance Processing Check Conversion Council includes a wide representation of industry segments with a strong stake in check conversion, including large retail billers, lockbox processors, software vendors and financial institutions. Industries represented include banking, telecommunications, utilities, credit card, retail and insurance. The group includes numerous participants having live production experience with ARC check conversion as well as those in evaluation stages.

The goal of the Quick Evaluation Matrix is to provide a tool for billers and remittance processing providers to quickly determine the potential attractiveness of ARC for an organization. Please note that the results of the matrix provide a general indication of the strength of the business case but are not conclusive and are not intended to substitute for the full business case analysis.

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Summary

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