Dynamics Blog

Welcome to the Dynamics Blog hosted by the professionals at Armanino. This blog is about anything that may be helpful to others regarding Microsoft Dynamics' software. The topics can be anything from Microsoft Dynamics GP, AX, CRM, SharePoint, MAS 90/200, .NET development, accounting, compliance and more.

Monday, September 30, 2013

Considering an ePay solution for Dynamics GP?

Posted by Armanino Dynamics Team

Checks and cash used to be the preferred methods of payment for consumers. These days however, ePayments solutions such as credit cards, debit cards and electronic checks (ACH) have become widely used and accepted for retail and merchant purchases, because customers appreciate the simplicity and speed of these payment system have to offer.

This rapid proliferation of cards and ACH payments over the years has changed the way consumers and merchants manage their business. While these ePayments options provide consumers and merchants convenient and secure access to their funds, they also reduce cash and check handling for merchants and expand the pool of customers who are guaranteed to pay. Additionally, both B2B and B2C customers generally expect to be provided with some form of  ePayment options.

A recent study conducted by Moody’s Analytics shows that “payment cards are not just convenient, they help stimulate growth for economies as well.”

ePayments solutions will continue to gain in popularity with merchants and customers, because they help to:

  • Lower the average administrative cost of a purchase made, form $93 for traditional purchase orders to only $22 for purchasing card buys (RPMG Research)
  • Reduce the need for staff that is devoted to accounts payable
  • Create greater transparency into cash flow
  • Provide encryption methods, tokenization and PCI compliance
  • Enable easily tracking of both customer and merchant payments
  • Allow for scheduled payments based on date or invoice
  • Include an eWallet, typically, that allows customers to manage their payment methods

It’s important to choose a VAR/ISV that has expertise in the ePayment industry and can offer you a solution designed to leverage your Dynamics GP solution, while having the capabilities to grow with your business.

To learn more about ePayment solutions we encourage you to attend Nodus Technologies upcoming webinar below:

ePayment Solution Webinar
In this webinar you will learn the benefits of integrating a secure electronic credit card acceptance and ePayment solution. This complete ePayments solution will improve your business processes, allow you to capture additional revenue and improve customer service.

Tuesday, October 22, 2013 – 11:00am (Pacific Time)

by Michael Williams, Nodus Technologies

We enable an organization by supporting each stage of your company’s growth by implementing scalable Microsoft Dynamics solutions. As Microsoft Certified solutions experts and Inner Circle Partners, we work to eliminate redundant systems and leverage existing software investments, while keeping your goals for the future in mind.


comments powered by Disqus
« | »