Payments, donations, checks, credit cards, and accounts receivables—having these deposited timely is the life blood of your organization, right? Your company has invested good money in fast, accurate, automated, and efficient in-house remittance systems that deposit millions of dollars each day. Better yet, you’ve outsourced your processing to a bank or other 3rd party provider. What could possibly go wrong?
•A California earthquake closed a telephone payment center 20 days.
•A Texas union strike halted work at a remittance center for a week.
•Hurricane Ike shutdown a credit card processor for a month.
•A Mississippi electric co-op center was destroyed by Katrina.
•A non-profit was shut down for a week due to an Anthrax scare.
Where Will It Happen Next? Your Bank or Office?
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