New Payment Systems Consulting Service from MerchantPlus Enterprise Solutions (MPES)
(NewDesignWorld Press Release Center) -- New York, NY, October 27, 2010 -- Successful merchant account provider, MerchantPlus, has launched an exciting new arm of its business. In response to modern financial challenges faced by Small to Medium Enterprises (SME), MerchantPlus Enterprise Solutions (MPES) has developed systems and processes to help companies navigate the contemporary payment systems landscape and assist with high volume payments, globalized sales channels and complex business processes.
Many small enterprises are dealing with issues traditionally faced by the Fortune 100. Their operating and financial systems are often out-of-date with many taking merchant account transaction fees and other high volume payments on trust. MPES has processes and tools to help companies integrate and reconcile their financial systems. With payment transactions matched with associated back-office records, companies are able to get transparency, straightforward month-end closing processes, and an easy way to identify erroneous transactions. With the assistance of MPES, Chief Financial Officers and Controllers, many of whom manage substantial USD turnovers each month, will be able to access itemized figures matched to company requirements.
In addition to reconciliation and compliance assistance, MPES has systems to manage new challenges such as currency exchange and different regulatory environments. Many SME’s don’t have the personnel or expertise to manage such issues – often to their financial peril. Failure to comply with regulations can result in severe penalties that can put SME’s out of business. MerchantPlus Enterprise Solutions is equipped to help companies create or modify their payment systems to meet the requirements of the modern environment. It’s a partner-driven business with agreements in place with business software manufacturers, Value Added Resellers (VARs), as well as credible and long-standing banking partners, FirstData, Wells Fargo, CyberSource, and BluePay. MPES doesn’t outsource customer service and is with clients every step of the way.
“Clients in our MPES division require unique solutions,” says MerchantPlus President, Zachary Smith. “We’ve helped many companies manage complex financial requirements around the globe and we’ve been able to build international knowledge and expertise in the process. We’re confident we can help other growing companies upgrade their systems and processes so they can spend more time on their core business.”
About MPES
MerchantPlus Enterprise Solutions (MPES) is a consultative payment solutions provider that helps companies optimize operations, reduce risk and manage compliance. It assists with high volume payments, globalized sales channels and complex business processes. With 10+ years experience in electronic payments, enterprise accounting, ERP integration and business process analysis, MPES brings management consulting to the payment world. Visit http://www.merchantplus.com/enterprise .
Contact:
Brion Bonkowski
MerchantPlus LLC
29 Broadway, 30th Floor
New York, NY 10006
1 800-546-1997
solutions@merchantplus.com
http://www.merchantplus.com
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