How to Choose the Right Sage 100 Integrated Payment Solution
Table of Contents
- Support for Multiple Payment Types
- Automation to Streamline Payment Processing
- Level 3 Payment Processing to Lower Fees
- Seamless Integration with Sage 100
- Why Paystand Is the Ideal Sage 100 Integration Payment Solution
Key Takeaways
- Support Multiple Payment Types: Accept credit cards, ACH, and EFT to meet customer demands and boost sales.
- Automate Payment Processes: Streamline invoicing, reconciliation, and recurring payments to save time and reduce errors.
- Lower Costs with Level 3 Processing: Qualify for lower credit card fees on B2B transactions with enriched payment data.
- Seamlessly Integrate with Sage 100: Centralize workflows, improve visibility, and eliminate manual data entry.
- Why Choose Paystand? Paystand offers zero-fee payments, automation, and Sage 100 integration to reduce costs and maximize profitability.
Selecting the right Sage 100 integrated payment solution can be challenging with so many options on the Sage Intacct marketplace. Beyond rates and fees, businesses must consider efficiency, flexibility, and added value. In this blog, we’ll cover four key factors to evaluate when choosing the ideal payment solution for Sage 100, ensuring you streamline payments, improve cash flow, and reduce manual processes.
Support for Multiple Payment Types
Modern businesses must adapt to evolving customer preferences, including:
- Credit and debit cards
- ACH payments (for U.S.-based customers)
- EFT payments (for Canadian customers)
To meet growing demands for contactless and secure transactions, look for solutions that offer:
- Cloud-based transactions for fraud prevention.
- Virtual terminals that integrate seamlessly with Sage 100 for both card-present and card-not-present transactions.
Why it Matters: Supporting multiple payment methods improves the customer experience and helps capture more sales.
Automation to Streamline Payment Processing
Manual processes create inefficiencies and increase errors. The right Sage payment integration should automate tasks like:
- Invoice posting and Sage Intacct bank reconciliation.
- Recurring payments and e-invoicing.
- Card account updating to maintain up-to-date payment details.
Automation features to prioritize:
- ACH processing for faster cash flow.
- “Click-to-Pay” links for quicker payments.
- Stored, tokenized card information to simplify future transactions.
Why it Matters: Automating payments saves time, reduces manual entry errors, and accelerates the cash cycle.
Level 3 Credit Card Processing to Lower Fees
For businesses handling corporate and government cards, Level 3 processing is essential. It passes additional transaction data fields to secure lower interchange rates, which reduces credit card fees.
What is Level 3 Processing and Why Does It Matter?
Level 3 processing allows businesses to qualify for lower interchange rates on corporate and government card transactions by providing enhanced transaction details. These details include line-item data like invoice numbers, tax amounts, and product descriptions. By passing this additional data, businesses can significantly reduce credit card processing fees, making Level 3 processing ideal for high-value B2B payments.
With Paystand, Sage 100 users can take advantage of automatic Level 3 data enrichment, ensuring their transactions qualify for the lowest possible rates without extra manual effort. This feature helps businesses save money while streamlining the payment process.
Key Benefits of Level 3 Processing:
- Significant cost savings on high-value B2B transactions.
- Faster approvals and increased transaction security.
Why it Matters: Selecting a payment solution that supports Level 3 processing directly impacts your bottom line by lowering transaction costs.
Seamless Integration with Sage 100
The best payment solutions integrate directly with Sage 100, eliminating the need for manual data entry and additional tools. Look for:
- ERP system compatibility to ensure payment data syncs effortlessly.
- Add-ons and advanced reporting features to enhance your payment visibility.
- A provider with a proven track record of reliable Sage 100 integration and responsive customer support.
Why it Matters: A seamless integration saves your finance team time, reduces errors, and centralizes all payment workflows within Sage 100.
Why Paystand is the Ideal Sage 100 Integrated Payment Solution
When integrated with Sage 100, Paystand delivers unmatched value for businesses looking to modernize their payment processes:
- Zero-Fee Payments: Eliminate transaction fees and reduce costs.
- Automation: Streamline A/R with features like automated invoicing, reconciliation, and recurring payments.
- Flexible Payment Options: Accept credit cards, ACH, and EFT payments.
- Improved Cash Flow: Leverage real-time payment tracking and same-day funding.
- Level 3 Data Enrichment: Lower costs on B2B payments by qualifying for reduced processing rates.
- ERP Integration: Easily sync Paystand with Sage 100 to centralize payments and reporting.
With Paystand, Sage 100 users can transform their payment process, reduce manual tasks, and maximize profitability by shifting payers to more cost-effective payment methods.
Selecting the right Sage 100 integrated payment solution is critical to improving efficiency, reducing fees, and meeting customer expectations. By evaluating payment options for flexibility, automation, and integration, businesses can find a solution that delivers true value.
Paystand goes beyond traditional payment processors by offering zero-fee payments, automation, and seamless Sage 100 integration to help businesses achieve a smarter, more profitable payment process.
Ready to learn more? Check out our Sage integration page.