Any investment company (private equity or venture capital firm) wants to increase the performance of its portfolio. A relatively easy and un-intrusive way to do it is to negotiate lower processing costs for private equity portfolio embers. If the company’s net revenue amounts to 10% of its processing volume, then even 1.5% savings make a difference. This task of cost reduction is easier to accomplish when processing volume is consolidated and all operations around payment processing are unified. That is why implementation of an enterprise payment technology is a crucial step on the way to processing consolidation, cost reduction, and higher performance. Moreover, if this technology is implemented in the form of a licensable open-source-code payment gateway software product, it comes with a bunch of newly available features and boundless customization opportunities. It also provides a robust and flexible replacement for legacy technologies previously used by portfolio members.
Read more about the advantages of unified enterprise payment technology implementation for an investment company in our respective article on Paylosophy.