Streamline Payment and AR Automation with NET1

Most businesses could benefit from automation that simplifies payment processing and accounts receivable (AR). ECI delivers a powerful, fully integrated solution designed to increase efficiency and streamline operations. Below are four key reasons why ECI's NET1 is the ideal payment and accounts receivable (AR) automation solution for our ERP customers. 

Work with professionals who understand your business challenges firsthand. This industry knowledge benefits ECI’s customers, ultimately enhancing the efficiency and effectiveness of their solutions. 

• ERP integrations across multiple platforms - ECI supports a wide range of ERP solutions with seamless integration, ensuring a fast and reliable implementation process, including: 
  ECI Advantage, ECI Interactive Plus, Britannia, LotVue, DDMS, DDMSPLUS, EvolutionX, Deacom, e-automate, M1, Macola, JobBOSS, JobBOSS2, Red Falcon, RockSolid MAX, Spruce Ecommerce, and TeamDesign software products. 
  *** Certain capabilities and features may vary depending on your program. Contact your ECI account manager for details. 

• Integrated commerce suite - This innovative offering provides a complete, integrated payment solution crafted to:
  • Simplify workflows with tools like surcharging.
  • Expand globally through international payment capabilities.
• Surcharging option - Ability to transfer processing fees to customers allows you to lower operating costs while still allowing customers to use their preferred payment method—ideal for cutting expenses without sacrificing convenience.
• Lower interchange rates - Automatically qualify for the best possible interchange rates, with clients seeing an average savings of 43% on credit card processing fees.
• Email transaction receipts - Automatically email receipts for completed transactions.
• Canadian processing - Support for Canadian credit card processing—this is a significant limitation for many other providers.

• ACH - There are several benefits listed below to using ACH (electronic checks) to automate accounts receivable payments instead of accepting paper checks. 
  *** Not all NET1 integrations offer ACH. Contact your ECI account manager for details.
  • Reduce costs - Lower flat-rate fees vs. credit cards, debit cards, and paper checks save on labor and processing time.
  • Lower fraud risk - ACH is more secure with fewer touchpoints and less exposure to sensitive data.
  • Improve efficiency - Eliminate manual payment matching and bank trips; reduce errors, save time, and boost AR productivity.
  • Accelerate funding - Faster deposits than checks, improving cash flow, and offering convenience for customers.
  • Enhance customer experience - Simplify B2B payments with click-to-pay options and automated remittances, building loyalty and attracting new business.
• Integrated, bi-directional Customer Portal - Enable customers to pay invoices, manage memos, and more directly from a self-service portal connected to your ERP.
• Next-day funding - No waiting around—ECI ensures fast access to your funds.
• Automated dunning and overdue notifications - Send invoice reminders to streamline collections and communication.
• Monitor payment link activity - Track customer interactions with portal payment links directly in your ERP for enhanced visibility and management. 

• Secure tokenization - Keep customer data safe with tokenized payment storage for future transactions.
• Industry-leading support - Work with our experienced NET1 ERP consultants who understand both payment processing and ERP workflows.
• Support for fast implementation - ECI works with you to ensure you're up and running quickly with a reliable, proven solution.
• Responsive technical support - Access a dedicated and responsive support team. Whether it's onboarding or troubleshooting, technical experts are there when you need them. 

Our ECI team is dedicated to helping you streamline operations, improve cash flow, and gain better visibility into your financial transactions. 

For more information, please contact your NET1 account manager.