Enterprise Revenue Management

The Velocity Payment System provides clients with all of the products and interfaces necessary to effectively manage revenue across the enterprise. Success in today's business environment is predicated on the ability of the entire organization to effectively manage their accounts receiveable, reduce the expenses associated with collecting and processing payments, as well as provide exeptional payments-related service to their customers without breaking the bank. The Velocity Payment System provides a full suite of products and tools that enable organizations to effectively accomplish these important activities. Some of these products and tools include:

  • Least Cost Routing of Payment Transactions
  • Real-Time Transaction Reconciliation
  • Integrated Operational & Settlement Reporting
  • Payment Risk Monitoring & Management Solutions
  • Cashflow Forecasting Tools
  • Multi-Channel Payment Solutions
  • Integrated CRM Solutions to Collect Payments & Provide Customer Service

Velocity's full suite of products and tools enable organizations to optimize the revenue cycle; increasing the payment & service options for their customers, improving the efficiency of the payment collection & funding process, while reducing the costs needed to perform these activities.

ABOUT GOVOLUTION

Velocity is an electronic payment system and service provided by Govolution, LLC, a  wholly-owned subsidiary of First American Payment Systems. Velocity has been honed to meet the strict technical, financial and security standards of the U.S. Federal Government. Starting with payment processing, its modules enable a full spectrum of business activities including back-end reporting, data management and administrative tools that integrate with legacy accounting, cash management and CRM systems.