Argoz Consultants, a payments consulting firm, has launched Savvy®, an AI-powered SaaS solution to optimize Brand Scheme costs. Savvy® helps financial institutions manage scheme costs, reduce expenses, and improve profitability while achieving operational efficiency.
Savvy® is a tool for optimizing Brand Scheme costs. Brand Scheme costs can be complex and challenging to assess. The AI engine behind Savvy® analyzes costs in real-time, providing financial institutions not only with a clear view of their expenses but also with specific optimisation actions and step-by step instructions for implementation
Savvy® uses machine learning to analyze invoices, identifying areas for cost savings. By leveraging a growing benchmark database of over 200 entities across 30 countries, Savvy® delivers best practices to help clients optimize their costs.
Savvy® makes scheme costs transparent and actionable. It categorizes billing lines, offers visualizations, and provides real-time updates. Clients can access Savvy® as a SaaS platform, integrating it with their existing systems for:
ARGOZ is a niche strategy consulting firm focused on boosting issuers' and acquirer's profitability. Its team combines decades of worldwide strategy consultancy experience with leading-edge technologists and data scientists.
ARGOZ has served over 200 entities worldwide, focusing on reducing scheme costs, interchange fees, and discount rates. With Savvy®, Argoz’s most advanced scheme cost SaaS, the company integrates AI to help clients continuously monitor and optimize these costs.
Savvy®, powered by Paytech and developed by Argoz’s, complements their consulting services, by combining technology with strategic insights from experienced consultants.
Argoz’s launch of Savvy® aims to simplify payment consulting with AI-powered analysis, real-time updates, and benchmarking. Combined with BST®, Argoz offers a solution for managing payment network costs effectively.
