We asked the merchant with 17 locations, “What sounds better?”
17 merchant accounts, 17 daily deposits, 17 merchant statements, and days of confusing book keeping messes.
1 merchant account, 1 daily deposit, 1 merchant statement, and simplified book keeping.
All he could do was smile and sign paperwork.
When we first spoke, scrambling to keep tabs on all of their transactions.
“We need our reporting simplified. We don’t care what the rate is or what new fancy tech is out there. We need to keep our books straight across all 17 of our locations, because right now it seems impossible.”
How can we help?
Often, stepping back, having a new set of eyes look at the issue, and remembering that the simplest solution is usually the right one is all it takes. “We have been with our current provider for a long time, everything works great running the cards, but when the deposits come in for all 17 of our accounts, they show up on our bank statement with only the individual merchant ID numbers. Sorting through all of that is a nightmare month after month.”
It’s easy to get blinded by the idea of writing 17 accounts and not see the real issue that is causing them trouble.
We looked at it another way and asked, do they even need 17 accounts? The answer was no. All they needed was one merchant account and a simple way for all of their locations to access the online gateway to run transactions.
Not only could we get each location access, but through the gateway they were able to assign individual logins and identifiers for each location allowing the corporate office to track what each location was doing in real time (something they were not able to do before).
Today, they receive one deposit for their credit card processing to match up with what was reported in the online gateway. What’s more, consolidating their 17 locations into one meant cutting out 16 sets of monthly fees, annual fees, and PCI compliance hassles.
We also helped them to save on their most valuable asset, time.
What sets us apart from the crowd is that we think about what is best for the merchant first.
When you’re on the FFUSA team you have about 100 years of combined record-setting experience just a phone call away. We are here to help you strategize, target, problem solve, close deals, and get to the point where you have a solid income that takes little time to maintain.
Call us, we’re here for you.