Traditional sign-up of new merchant accounts is a complex process of capturing and processing data between Independent Sales Organizations (ISOs), Merchants and Acquirers. Merchants must fill out lengthy customized applications and send supporting documents such as bank records, void checks or other forms of disclosure. Then the complex process of transmitting the merchant application to the Acquirer begins, including web form data entry, transmission of the application and supporting documents. Only when these items are delivered can the adjudication process begin.
Agreement Express for Electronic Payments & Banking
- Pre-load your merchant application forms and start sending customer applications instantly.
- Integrate directly into processor’s front-end boarding platforms.
- Create and customize the online self-enrollment process.
- Easily and instantly adjust the application workflow.
- Integrate Agreement Express into Salesforce.com CRM or any front or back-office system.
- Create new application forms or templates (with associated sign-offs and workflows).
- Configure and adapt the system on your own as your business evolves.
Operating Margin Improvements
- Reduce operational expenses associated with merchant on-boarding by 75% annually: realize up to 90% savings per application to assemble, deliver and error-check merchant application packages.
- Improve sales performance: reduce time in the on-boarding process of new customers by 40% and significantly increase closing percentage.
- Instantly eliminate 80% of errors on forms: increase data accuracy by enabling users to manage and control contracts at the data level.
- Eliminate inefficiencies: accelerate and streamline complex, multi-touch processes with new account openings with automated workflows.
- Increase Customer satisfaction: boost productivity with faster, more-efficient forms-driven business processes.
Leading financial institutions have transformed their business processes with Agreement Express by Recombo.
Discover how businesses like yours are gaining a competitive edge with Agreement Express by Recombo.
Download Electronic Payments Industry Solution Brief Now!
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