On the contrary, according to Corporate One, in the long run adding RTP may actually help simplify your processes. A couple of examples:
- Auto posting. Only “correct” payments are posted. For example, payments coming in with wrong R&T and/or account # are immediately rejected. No second-day follow-up is needed.
- Payment info that accompanies the payment and confirmation makes reconciliation easier and minimizes payment inquiries. Information is less fragmented, and there is no need to go to multiple places to find information.
- There are no batch files to deal with. Everything is real-time and reconciliation is much simpler.