1. Improve Cash Flow
When you integrate all your points-of-payment directly to your bank for settlement and to your ERP for reconciliation – you maximize your cash flow. Sitting on checks and receipts minimizes your cash position, which impacts your business’ liquid assets.

2. Optimize Sales Channels
Any payment method, whether a credit card terminal, e-commerce web site, or a mobile phone equipped to take payments that is not integrated directly to your ERP, isn’t optimized for sales execution and back-office efficiencies, thereby increasing cost-of-sales.

3. Eliminate Manual Data Entry
Manually entering data in both a point-of-sale (POS) solution and your ERP doubles the time it takes to complete the payments process. By integrating your payments environment, you can reduce time spent on accounts receivable (A/R) processing so you can spend more time on revenue-generating opportunities.

4. Automate the Reconciliation Process
Duplicate data entry can frequently result in manual errors, which would require someone to validate, repair and reconcile. When payments automatically “post-back” to your ERP, errors are reduced and posting and reconciliation are streamlined, saving time and money.

5. Organize Your Payment’s Environment
The payments industry is highly fragmented and confusing. Paya is an advanced integrated payments portal that offers Web and mobile access to a reporting dashboard, merchant statement, billing support, and a toll free customer support line that include administration of all your connected payment devices, applications, and services.

6. Improve your PCI Compliance Situation
Payment Card Industry (PCI) certified payment platforms such as Paya can improve your PCI compliancy as a merchant. These platforms remove your connected payment solutions from the scope of PCI (PA-DSS) by ensuring all connected payment solutions never store or transmit unencrypted credit card data. In return, your PCI audit is more streamlined. More importantly, your business is secure, and your customers’ data is safe.

7. Improve Your Audit Position
Manual processes increase auditor scrutiny and require additional sampling of data and processes. Automating those manual payment processes can reduce time and cost spent on financial and regulatory audits.

8. Gain the Value of Consolidation
Paya offers you one automated and integrated payment environment. So, whether you are in the office, in the field or online store or cart, Paya covers you. This creates efficiencies across the spectrum of payment services.

9. Take Advantage of What’s Next
Paya is comprehensive integrated payments platform, and is more capable of adding advanced features and solutions, such as mobile payment apps, automated invoicing, or integrated loyalty systems. Traditional merchant accounts are standalone solutions that do not “connect” or offer opportunities to add integrated payment services.

10. Because You Can
High costs and heavy IT requirements for building custom solutions have previously made integrated payment systems an option for only larger businesses. Paya offers a pre-integrated payment solution so that small and midsized businesses (SMBs) can easily and cost effectively “turn on” an integrated payments environment from inside your Sage ERP.