Getting paid is essential in business and making it easy for your customers to pay you is just smart. But when you do that, sometimes the work on your end is manual, cumbersome and laden with fees. What are you to do? You can’t stop making it easy for your customers. You need a solution that is embedded within your ERP, that’s efficient, easy to use and that prevents errors.
If you are using Acumatica, there is some great news. Acumatica Payments, released in Acumatica 2023 R2, is a comprehensive solution that revolutionizes how businesses manage their transactions. Whether you’re a finance professional, business owner, or Acumatica user, it’s time to discover all the benefits Acumatica Payments can bring to your business, plus it will save you money!
What is Acumatica Payments?
Acumatica Payments is an integrated payment processing solution that simplifies and secures financial transactions. By connecting seamlessly with financial and banking networks, it allows businesses to accept various forms of payments, such as credit cards and ACH, from any device, anywhere, anytime. This capability not only enhances operational efficiency but also reduces the risk of fraud, providing a secure platform for all your financial activities.
Here’s What People Love About Acumatica Payments
1) Complete Integrated Payment Processing
Acumatica Payments offers an embedded solution, giving your business a secure, compliant, and low-cost way to process financial transactions. It supports all major forms of payment, including credit cards, debit cards, checks, and ACH payments from Visa, Mastercard, AmEx, and Discover.
2) Quickly Send Payment Links for Easy Payment
No more paper checks or waiting for banks to process them. With Acumatica Payments, you can send a payment link directly from your invoices and/or sales orders. Now, your customers can quickly pay an invoice in full, make partial payments, or even pay multiple invoices at once. It’s convenience at its finest.
3) A 24×7 Customer Self-Service Portal
The self-service portal is a game-changer, offering a simple and secure way for customers to pay invoices. Customers can store their preferred payment method and manage their balances, making the payment process seamless and efficient.
4) Gift Cards – No Problem
Enhance customer loyalty and boost sales by being able to offer gift cards without any processing hassles. Acumatica Payments allows you to manage both physical and electronic gift cards, making it easy to offer promotions or handle refunds. Plus, the system automatically accounts for expiring gift cards, benefiting your bottom line.
5) Accelerate Settlement and Reconciliation
Improve your cash flow with daily bank deposits. Acumatica Payments automatically imports electronic files detailing merchant fees and deductions, significantly reducing the time spent reconciling sales with bank deposits.
6) Mobile Payments
With Acumatica’s mobile application, you can accept payments anywhere, anytime. Imagine your techs on a service call or on-site and easily being able to collect payments on the spot, providing flexibility and convenience to your operations.
7) Built-In Security
One of the standout features of Acumatica Payments is its robust security. Secure storage of credit card information in the payment network and employing secure tokens reduces the effort needed to achieve PCI compliance, minimizes processing fees, and protects everyone against fraud.
8) Recurring Payments Automated
Automate your invoice and payment collection with Acumatica Payments. With this system you can easily manage recurring payments and handle expiring credit cards, ensuring continuous revenue flow.
9) Manage Partial Shipments and Future Deliveries
With Acumatica Payments, you can reserve amounts on customer credit cards for scheduled services and future deliveries. It ensures you capture the proper amount when services are completed or goods are shipped, making transaction management effortless.
10) Integrated Card Readers
Use industry-standard credit card terminals to collect payments directly from Acumatica screens. These integrated card readers support magnetic stripes, smart cards, and contactless payments, including Google Pay and Apple Pay, reducing chargeback risk and transaction fees while automatically recording payment transactions.
Why Choose Acumatica Payments?
“Acumatica Payments allows us to confidently process our credit cards without the constant fear of data corruption from the integration. It’s saved countless time reconciling transactions with the automatic Settlement Batch Imports built in Acumatica.”
— Jeff Foster, VP Operations, West Coast Turf
Acumatica customers say this is the best feature to come along in years. SMBs now have the tools built into their ERP solution to link to their banking network, allowing them to greatly reduce the cost of collections and easily manage their receivables. Say goodbye to manual errors and inefficiencies while offering top-notch security and customer convenience.
Get Started with Acumatica Payments Today
If you have an older version of Acumatica or are thinking about switching ERP solutions, look at Acumatica and transform your payment processing power.
Join the ranks of successful businesses that trust Acumatica Payments to manage their financial transactions seamlessly and securely. Don’t miss out on the opportunity to elevate your business operations with cutting-edge technology designed to meet your needs.
Contact us for more information.
By CAL Business Solutions Inc., Connecticut Acumatica & Microsoft Dynamics GP / 365 BC Partner, www.calszone.com
