Does a settlement system remove the need for settlement analysts?
No. Using a settlement system does not remove the need for settlement analysts. However, the use of ISOSettlePro saves considerable cost to a customer by changing the manner in which the settlement analyst’s time is used. By using the ISOSettlePro settlement system, the settlement analyst will no longer need to spend their time performing manual processes such as importing data, processing data, updating spreadsheet formulas, and running reports. Instead, the settlement analyst will be able to spend their time reviewing the ISOSettlePro output workbooks, performing more dispute analysis, and performing additional duties which they did not have time to perform prior to using the ISOSettlePro settlement system.