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Matteo Ricci

Veenendrecht Payments / BG-Demo – Proposal

Callcompleted

Veenendrecht Payments logo Veenendrecht Payments · 1 Jun 2026 11:30

Matteo Ricci walked Eline Bakker and CFO Pieter de Groot through an expansion proposal valued at £2,973 under the existing Growth order form. Pieter will not decide on the call and wants the written proposal first.

What was said

What this says

As at Fri 9 Oct 2026

Matteo Ricci walked Eline Bakker and CFO Pieter de Groot through an expansion proposal valued at £2,973 under the existing Growth order form. Pieter will not decide on the call and wants the written proposal first.

What happened: Matteo Ricci presented an expansion on top of the existing Growth contract. Pieter de Groot first checked that the quarterly invoice matches the order form, and Matteo confirmed it does.

Customer view: Eline Bakker said usage is the reason they are here, with questions now more than double the earlier level. Pieter said he will not decide on the call.

Commercial: The proposal has a total value of £2,973, which Matteo said is not an annual price. It sits under the order form signed on 5 Feb 2026, and the renewal on 5 Feb 2027 is unchanged.

Watch: Pieter needs the one-page change description for the De Nederlandsche Bank outsourcing register. The record does not show whether the aim of settling by 2 Jul 2026 was met.

AI · claude-sonnet-5-5 · as at Fri 9 Oct 2026

Themes

As at Fri 9 Oct 2026
Theme
Growth expansion proposal
Importance
upsell
Sentiment
positive
Voice
decision-maker

Who was there

BG-Demo

Them

Follow-up

Next steps

As at Fri 9 Oct 2026
  • Matteo Ricci sends the written proposal, the one-page change description and the invoice confirmation to both Eline and Pieter by the end of the week.
  • Pieter reads the documents and talks to Eline, then Matteo speaks to them again before the end of June.
  • Elena Novak takes the practical side once the paperwork is done.

Risks

As at Fri 9 Oct 2026
  • Pieter de Groot made no decision on the call and wants to read the proposal and the one-page note first.
  • A change of scope may count as material for the De Nederlandsche Bank outsourcing register, which is Pieter's judgement with compliance.
  • Eline asked for plain words and no vague answers, so an unclear proposal could stall the deal.

Opportunities

As at Fri 9 Oct 2026
  • Questions from merchant success and merchant risk are now more than double the earlier level, which supports the expansion.
  • A short expansion order form under the existing master agreement keeps the Growth base subscription and renewal date untouched.

Transcript

  1. Matteo Ricci
    Matteo Ricci
    Hello, can you hear me all right? I think the recording has just started.
  2. Eline Bakker
    Eline Bakker
    Yes, loud and clear. Hi Matteo.
  3. Matteo Ricci
    Matteo Ricci
    Eline, good morning. Pieter, are you with us as well?
  4. Pieter de Groot
    Pieter de Groot
    I am here. Sorry, I was finishing something. Good morning. Before we start, one question about the invoice. Does the quarterly invoice match the order form?
  5. Matteo Ricci
    Matteo Ricci
    Good question, and I would rather you asked it first. Yes. The order form and the invoices both say forty-seven thousand five hundred pounds a year for Growth, and nothing is overdue on our side or yours. Let me confirm that in writing after the call, so you have it with the contract.
  6. Pieter de Groot
    Pieter de Groot
    Good. Then I am happy to continue.
  7. Eline Bakker
    Eline Bakker
    Matteo, before the proposal, last time's actions. You were going to send the written scope for the extra part. I was going to check who on my team needs access. I did that. It is a short list.
  8. Matteo Ricci
    Matteo Ricci
    Perfect, thank you. And I did send the scope on Friday, so you should have it. Let me restate where we are on timing, because it matters for Pieter. We are aiming to settle this by Thursday 2 July 2026, which is about a month from now. No rush before then.
  9. Eline Bakker
    Eline Bakker
    Yes, I have it. It is short. Good. Let's make it practical. Matteo, what exactly changes for us?
  10. Matteo Ricci
    Matteo Ricci
    Fair. You stay on Growth, with the forty licensed users you have today. This is an expansion on top of the existing contract, so it sits under the same order form and the same terms. Nothing about your current subscription is renegotiated.
  11. Pieter de Groot
    Pieter de Groot
    What does it cost per year?
  12. Matteo Ricci
    Matteo Ricci
    Let me be careful here, because the number can be misread. The total value of the proposal is two thousand nine hundred and seventy-three pounds. That is the value of the expansion deal as a whole. I would not call it an annual price, and I will put exactly what it covers and how it is invoiced in the written proposal.
  13. Pieter de Groot
    Pieter de Groot
    Is this in the contract, or is it a new document?
  14. Matteo Ricci
    Matteo Ricci
    It would be an addition under the existing master agreement. A short order form that refers to the one you signed on 5 Feb 2026. Your base subscription and your renewal date stay as they are.
  15. Pieter de Groot
    Pieter de Groot
    And the renewal date is?
  16. Matteo Ricci
    Matteo Ricci
    5 Feb 2027, with the current term ending the day before, 4 Feb 2027. The expansion would not move that.
  17. Pieter de Groot
    Pieter de Groot
    Good. How is it governed? For De Nederlandsche Bank I need the outsourcing register to be correct. If the scope changes, I need to know whether that is a material change.
  18. Matteo Ricci
    Matteo Ricci
    That is the right question. What does your regulator need to see? I would suggest this. We send you a one-page description of the change, with the data location unchanged because the brain still runs inside your own Snowflake account, and you decide with your compliance people whether your register needs an update. I will not tell you it does not, because that is your judgement.
  19. Pieter de Groot
    Pieter de Groot
    That is a sensible way to do it. Please send that page.
  20. Matteo Ricci
    Matteo Ricci
    Yes, with the proposal, same email.
  21. Eline Bakker
    Eline Bakker
    From my side, usage is the reason we are here. More people in merchant success and merchant risk are asking questions now. Last quarter it was a few of us. Now it is more than double. Who owns the next step if we say yes? That is what I need to know.
  22. Matteo Ricci
    Matteo Ricci
    Elena Novak, your customer success manager in Amsterdam, would own the practical side once the paperwork is done. I own the commercial side until signature. That is the split.
  23. Eline Bakker
    Eline Bakker
    Good. I like that Elena is in Amsterdam. Same time zone. It helps.
  24. Pieter de Groot
    Pieter de Groot
    I will not decide on this call. I want to read the proposal and the one-page note. Then I talk to Eline. Is that acceptable?
  25. Matteo Ricci
    Matteo Ricci
    Of course. That is exactly how I would want you to do it. So, to be clear on who sends what. I send the written proposal, the one-page description and the confirmation about the invoices by the end of the week. You read, you talk to Eline, and we speak again before the end of June, so there is room before Thursday 2 July 2026.
  26. Eline Bakker
    Eline Bakker
    Fine. Send it to both of us, please. And Matteo, no vague answers in the proposal. Plain words.
  27. Matteo Ricci
    Matteo Ricci
    Understood. Plain words. Anything else from either of you?
  28. Pieter de Groot
    Pieter de Groot
    No. Thank you.
  29. Eline Bakker
    Eline Bakker
    Nothing. Thanks, Matteo. Groetjes.
  30. Matteo Ricci
    Matteo Ricci
    Thank you both. Speak soon. Goodbye.

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