How you can transform your RDC program by working with a partner who provides specialized servicesIn today's rapidly evolving competitive landscape, treasury departments must stay ahead of the curve by retaining and growing their business members or commercial customers. One segment that has proven to be particularly valuable is the RDC client base. Supporting an RDC program is often thought of as a sunk cost. However, investing in the seamless administration of your RDC services can be an investment in your financial institution’s future. Business members or customers who use RDC tend to be exceptionally loyal and open to using additional services and solutions from their banks. By improving your RDC program, you can bring in more deposits from this valuable segment. The Need for Efficient Onboarding![]() RDC services are easier to sell than they are to implement. Once a client signs up, the race to onboard them begins. How much time will it take to get a new or refurbished scanner to the client’s office, schedule a software installation appointment, complete the implementation (which includes user training and testing) so the client can start making deposits? When your treasury team is juggling a myriad of tasks and projects, the time to the first deposit can take weeks or months, especially if internal systems and processes are not aligned to enable seamless client journeys. A managed services partner can reduce the average time to the first deposit to just a few days. How you can transform your RDC program by working with a partner who provides specialized servicesIn today's rapidly evolving competitive landscape, treasury departments must stay ahead of the curve by retaining and growing their business members or commercial customers. One segment that has proven to be particularly valuable is the RDC client base. Supporting an RDC program is often thought of as a sunk cost. However, investing in the seamless administration of your RDC services can be an investment in your financial institution’s future. Business members or customers who use RDC tend to be exceptionally loyal and open to using additional services and solutions from their banks. By improving your RDC program, you can bring in more deposits from this valuable segment. The Need for Efficient Onboarding![]() RDC services are easier to sell than they are to implement. Once a client signs up, the race to onboard them begins. How much time will it take to get a new or refurbished scanner to the client’s office, schedule a software installation appointment, complete the implementation (which includes user training and testing) so the client can start making deposits? When your treasury team is juggling a myriad of tasks and projects, the time to the first deposit can take weeks or months, especially if internal systems and processes are not aligned to enable seamless client journeys. A managed services partner can reduce the average time to the first deposit to just a few days.
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