Automated Clearing House (ACH) is a popular payment method that your business is probably using already. If your business uses direct deposit to pay employees, then you’re using a form of ACH. However, ACH can also be used to boost sales for your business. To learn how ACH can increase your revenues, sales numbers, and overall efficiency watch our Solupay for NetSuite SuitePayments video.
Many merchants consider credit card processing fees as simply that... fees that are a normal part of doing business and a cut to their bottom line. But we challenge you to view credit card processing in a different light: As an opportunity to attract newer customers, increase shopping cart size with integrations, accept alternative payments and provide innovative and secure developments.
Earlier this year, Solupay was named 2017's Innovator of the Year because of our ability to focus on new and advanced features that are designed to not only make our clients operations easier, but to contribute to increasing their revenues.
For years, Becker Safety and Supply was accepting credit cards and saw the extra steps and inconveniences of their credit card acceptance program as just a nuance of business. Established in 1999, Becker is a wholesale/ distribution company providing protective clothing and tools for any industry where safety is a concern. Devin Becker quickly became excited by the many advances that Solupay provides with our Built for Oracle + NetSuite payments bundle.
Converting leads into sales is the bottom line of business. Getting a lead to the quoting stage of the sales lifecycle can be challenging enough. Depending on the length of your sales cycle, the process to generate actual cash flow from a hot prospect turned new client can seemingly move along at a snail's pace. Here are 3 secrets to close the deals faster, converting leads and turning quotes to cash for your business:
It’s no secret that many consumers have lost trust in financial institutions, especially millennials. This is underscored by the fact that the people in the age bracket of 25-35 years old carrying credit card debt is at its lowest since 1989.A recent survey conducted by Affirm, the financial service brainchild of PayPal co-founder Max Levchin, found that 64% of respondents worry about the final cost of items bought with credit due to a history of deceptive practices in the industry. In fact, more than half also said that the uncertainty of the final price—due to interest and unclear terms—made them enjoy their purchase less, which is never a good thing for a retailer. But is this reason enough for merchants to abandon financing? Absolutely not. It is, however, reason for merchants to look at more modern financing options that appeal not only to the millennial buying power, but to the masses.
Here’s why you should care: You can integrate accounting, CRM, and many other business applications along with your payment processing. That makes all your work processes more efficient, saving you money and allowing you to deliver better service. You’ll also eliminate dual entry errors and get a better overall picture of your business.
And finally, but most importantly, you get higher profit margins.
Topics: Integrated Payments