The company is the market-leading association for 400+ specialist retailers in the sports and apparel sector.
The association negotiates the most attractive offers for card payments for its affiliated companies. The company's management had to ensure that it could take advantage of the most attractive price for the market-compliant service.
During discussions with senior representatives of the company, it became clear that SCUVERTA would provide expert support to the company tender. Through SCUVERTA, cost savings are to be realised and the acceptance solution provided.
What SCUVERTA did
After breaking down the company's current costs granularly to each cost component(Interchange++), SCUVERTA found that the pricing structure and contractual arrangements were not optimal. The current costs were then compared with SCUVERTA's pricing database, where the most up-to-date market prices for card payments from all of SCUVERTA's projects are mapped.
Based on the payment infrastructure/terminals and also based on the findings from the granular cost analysis, SCUVERTA recommended the company to conduct a tender to find the most competitive bids for card payments.
SCUVERTA prepared the professional tender documents and managed the tender process. Best offers were obtained from several established card payment solution providers.
By creating a professional competitive situation and the sophisticated methodology, the best offers were compared.
In several meetings held by SCUVERTA with the company and the suppliers, the focus was placed not only on the price for transaction processing, but also on the technical integration of the payment terminals into the POS system. The set-up processes and the roll-out planning were heavily weighted and coordinated internally. In the form of a webinar, the specialised trade companies affiliated with Verbarnd were informed about the successes of the tender, the omni-channel sales and payment processes as well as trends in card payments.
The following added values were created for the company through the holistic consultation, the detailed cost comparison and the professional implementation of the tender:
- Transparency in the costs for card payments.
- Sustainable cost reduction for card processing as well as for the acceptance infrastructure/terminals.
- Security and conviction to use the most ideal acceptance solution at the most attractive price.
- Minimum effort for the company - project management by SCUVERTA from A to Z.