VENDOR SELECTION

Select Strategic Vendors, Risk-free

Vendors need to support your business model, sales channels, business requirements and provide an operational fit. PaymentGenes is experienced in selecting PSP partners, orchestration layers, issuing & acquiring solution providers and processors.

PSP & Orchestration Layer Selection

Select the best PSP or PSP orchestration layer with help of Glocalised Payments Expertise.

Issuer Selection

Make sure your issuing processing platform covers all modern needs, from virtual cards to instant funding.

Acquirer Selection

Preventing complexity allowing you to compete and operate efficiently.

PAYMENTS CONSULTANCY

A better way of vendor
selection is needed.

To reduce risks, most companies use RfI and RfP processes in order to find the best partners. However, it is an increasingly risky process, which is not ideally set-up, takes a lot of time, and the outcome is questionable.

61%
of CPOs believe that
procurement-related risk
has increased
77%
Of professionals
acknowledge a lacking
proposal process
35%
Of RfP scoring
lacks consensus

The Best Fit for Purpose,
Time & Decision-making

We designed a Vendor Selection process that ensures you will find the vendor that is best fit for purpose, on time, and with a structured decision-making process. With this process we create a clear picture of your requirements, and which vendors will
prove to be the best partners.

Service Overview

Our Vendor Selection Process

1

Identify the gap between your
current and admired service level.

We determine your business model, map sales channels & markets, discuss the main objectives and identify the requirements the vendors need to service, resulting in the minimal service levels vendors need to offer for the RfP.

2

Pre-Qualify potential vendors, validate capabilities & verify strategic fit.

This step saves valuable time for both you and your vendors resulting in higher response rates and more value out of the RfPs.

3

Translating specifics in vital abilities & combine with tailored RfP questions.

Our extensive database of RFP questions combined with a format that is easy to fill out, ensures quick and concise responses from all vendors, and the ability to accurately score these responses resulting in the best possible fit.

4

Pinpoint RfP response obstacles & offer vendors clarification for responses.

Human input is always a factor of RfP responses. We ensure accuracy of the provided input. After these clarifications the vendors present their business cases and pitch why they would be the best fit for the specific needs.

5

Qualitative and quantitative analysis of vendor RfP response for fit.

Being able to accurately score the responses of the RfPs is a critical step in finding the vendor best fit for purpose.
We devise a thorough scoring system that combines a strong qualitative and quantitative analysis to highlight the strengths and weaknesses of each vendors. The outcome of the scoring provides a clear overview of each vendor and a decisive advice which vendor(s) to partner with.

Our Tools For Secured Vendor Selection

PSP & Orchestration Layer Selection

Select the best PSP or PSP orchestration layer with help of Glocalised Payments Expertise.

  • Functional fit analysis
  • Geographical coverage
  • Value added services
Get In Touch

Issuer Selection

Make sure your issuing processing platform covers all modern needs, from virtual cards to instant funding.

  • Tailored Solutions
  • Global Coverage
  • Transparent Processing Insights
Get In Touch

Acquirer Selection

Preventing complexity allowing you to compete and operate efficiently.

  • Vertical specialization
  • Pricing
  • geographical coverage
Get In Touch
The PaymentGenes Network of Payments & FinTech Professionals With Industry specific expertise

Why PaymentGenes?

People do business with people. It sounds simple, but it’s often and easily forgotten in the business world. PaymentGenes does things differently. We help businesses achieve their growth goals by focusing on the organisational growth pillars: People, strategy, and execution.

By providing talent-acquisition & business consultancy in payments and FinTech we provide multi-layered organisational growth tools for companies looking to accelerate business results.

Learn more about us

Testimonials

Gaston Aussems
Managing Director - Mollie

"You were there to help us lay the foundation and continued to contribute along the way with advice, reflection and introductions"

Johan Been
COO '16-'17 - Ingenico ePayments

"An excellent job restructuring the team, embedding the vision and strategy in the day-to-day operations and re-building the relationships with the global teams. Jeroen is very strong in building and maintaining (international) relations and aligning teams to reach a common goal. He has a strong focus on vision and strategy and is able to translate this into day-to-day practice. It has been a pleasure to work with him"

Michael Roos
COO '15 - EMS

Key contribution to defining our merchant services proposition, partner selection and implementation of the joint venture”

Bob koster
Sales Director - Owlin

"We were looking for a partner with specific knowledge in the Payment Services market, which PaymentGenes was able to provide. Our relationship was fostered by good communication from day one, where PaymentGenes really made the effort to translate our needs into suggesting the right candidates for an open position at hand"

Peter Majgaard
VP Business Development - Konsentus

"I have had the pleasure of being approached by PaymentGenes. The result is, that I am now in a new exciting job. The process was very professional with an extraordinary level of dialogue with the PaymentGenes consultants. The two contacts, I talked to had a strong understanding of the Payment Industry and we actually had several strategy discussions, which I thoroughly enjoyed."

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