Paperless Merchant Boarding - Reduce Operational Costs
Posted by Melanie Aizer on Fri, Jan 21, 2011 @ 11:53 AM
Signing-up and boarding new merchants is a complex, multi-touch process of capturing and processing data between Independent Sales Organizations (ISO), Merchants and Acquirers.
ISOs require merchants to fill out lengthy customized applications and send ancillary documents such as bank records, void checks, or other forms of disclosure. Once complete, the tedious process of transmitting the merchant application to the Acquirer begins. This involves time-consuming data-entry into appropriate Acquirer web forms, while also ensuring the Acquirer receives the completed application and all ancillary documents.
Agreement Express for Electronic Payments & Banking improves completion rates, reduce costs & speeds time to revenue with paperless merchant boarding by:
- Pre-loading your merchant application forms and sending customer applications instantly
- Integrating directly into processor’s front-end boarding platforms
- Creating and customizing the online self-enrollment process
- Easily and instantly adjusting the application workflow
- Integrating Agreement Express into Salesforce.com CRM or any front or back-office system
- Creating new application forms or templates (with associated sign-offs and workflows)
- Configuring and adapting the system on your own as your business evolves
Leading independent sales organization Billing Tree, implemented Agreement Express by Recombo to automate their merchant agreement process.
DOWNLOAD THE CASE STUDY TODAY and learn how Billing Tree:
- Improved sales performance, reduced time in the on-boarding process of new customers by more than 40%
- Streamlined data entry process and instantly eliminate 80% of errors on forms
- Improved time to revenue by more than 50%
- Improved ROI, saving on traditional costs associated with paper-based contracts
DOWNLOAD CASE STUDY HERE
