Billers can expect to improve customer services and streamline bill collection / reconciliation processes
SADAD will benefit billers in many ways, some of those benefits are listed below:
Cost Reduction:
- Lower CapEx due to reduced investments in infrastructure and software development Lower OpEx due to fewer resources required to build, operate and support outsourced EBPP.
- Faster collection of bills, leading to lower working capital.
- Single interface point– no need to link separately with multiple banks.
- Lower reconciliation processing costs.
- Reduced disconnections due to delay in bill processing.
- Reduced CSRs through fewer customers paying at Biller sites.
Revenue Generation:
- Improved cash availability resulting in increased interest revenue.
- Potential for cross-selling and up-selling using available CSRs.
- Increased ARPU due to fewer disconnections.
- Potential to leverage SADAD infrastructure to sell new services.
Intangibles:
- Improved customer satisfaction and image.
- Increased opportunity to communicate with customers.
- Ability to tailor marketing messages per customer segment.
- Guaranteed bill presentment independent of customer address.
- Constantly updated bill status information across all channels.
- Pre-notification to upload new bills to SADAD.
- Flexibility to consistently apply business rules across all channels.
If you are a Biller and want to use SADAD services and open all banking channels to you to collect your payments, please send your request to SADAD by clicking here.