Splink transforms Bowline’s business with rapid revenue growth, costs savings, improved efficiencies
RESULTS
Revenue Growth
Rapidly exceeded operating level ahead of forecasted budget.
Additional Services
Adaptable solutions enabled extra services for customers and additional revenue lines.
75% Reduced Admin
Payment tasks reduced by 75% - 1 day weekly to 1 day monthly.
Time and Cost Savings
Splink’s solution integrated in 2 weeks - versus an expensive, time consuming, inferior product built in-house or outsourced.
The Problem
Bowline Quantum Solutions Limited, a company specialising in recoveries for insurance firms, faced challenges in managing payments due to the complexities of dealing with multiple clients across regions. Their existing payment processes were labour-intensive, requiring manual follow-ups that slowed down operations with no flexible payment solutions that resulted in delayed payment.
The Search
Bowline sought a payment solution that would improve the efficiency of their current operations to allow them to expand their service offerings and adapt to new business models. They needed a system that could handle both card and alternative payment methods, ensure security and simplify reconciliation processes.