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Paymetric Fulfillment Process

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Presentation on theme: "Paymetric Fulfillment Process"— Presentation transcript:

1 Paymetric Fulfillment Process

2 Fulfillment Process Sales Warehouse Accounting Quotation
Purchase Order Sales order Warehouse Prepare and send shipment Accounting Invoice Payment

3 Fulfillment Process Cont.
Order details Two ways: doing it in house or outsourcing Credit cards The fulfillment process is what happens in a company when an order for a product is received-the "fulfillment" of the order. This includes warehousing, finding the item ordered, packaging it, and shipping it to the right address. Companies handle fulfillment two ways: by doing it in-house, or by outsourcing. Most new businesses start out doing their own fulfillment, and while your business is small, this is the best and most cost-effective choice. As your business grows, however, consider how much time fulfilling orders takes up for you and your employees. Generally speaking, if your business reaches a point where you could make more money focusing on other areas-such as product research and development, for example, or sales and marketing-it's time to think about outsourcing fulfillment. For a given order, ability to view order details including shipping and payment contact information, address, shipping method selected, order status, IP address of customer, payment method used and last 4-digits of card, and credit card merchant gateway authorization code and approval status codes for address verification and other configured fraud detection verifications. Many Fulfillment houses will offer the service of credit card processing as part of their services with payments being deposited directly in to your bank account.

4 Electronic Payments Input: Client request
Output: When request is executed Transformation Process Communication with bank and credit card companies Gift cards

5 Sliding Credit Cards (Input)
Visual Explanation Sliding Credit Cards (Input) Communicating With the Banks (Transformation) Desired Products(Output)

6 Paymetric Inc. Background
Originated from Houston 1998 Uses SAP Combines ERP payment process with software Solution for payment processing Paymetric, Inc. provides innovative software for managing, protecting and integrating payment card transactions in enterprise applications, most notably from SAP. Paymetric combines proven expertise in ERP payment processes with powerful software and services to improve return on card acceptance, optimize purchase card programs, and reduce barriers to compliance Helps patch areas in SAP

7 Paymetric Info Systems
The Problem : Disconnected systems The Answer: XiPay On-Demand How it Works The Problem Disconnected systems lead to inefficiencies, high transaction costs, fees, risks and dissatisfied customers. Many problems can result from the inability to interface specific enterprise systems, like an ERP, with card processors to facilitate electronic payment transactions. Without a fully integrated solution, organizations suffer the ramifications that come from manual, error-prone processes. The Answer XiPay™ On-Demand enables companies to manage, accept and integrate virtually every type of electronic payment in any enterprise system. XiPay™ On-Demand streamlines the order-to-cash process, accelerates time to working capital and reduces payment acceptance costs and risks. Because it is deployed as a SaaS model, it eliminates the up-front expense of additional hardware and software applications and reduces the risk of security breaches and PCI compliance failures. How It Works XiPay™ On Demand allows electronic payments to flow securely to credit card processors from any system where payment originates within an enterprise. The service is delivered on-demand and without installing a full "on-premise" software solution, reducing the liability of managing an internal payment application. XiPay™ On-Demand coupled with Paymetric’s patent-pending XiSecure™ solution, an embedded tokenization service, replaces payment card numbers in enterprise systems with a surrogate, reducing the cost and financial burden of meeting the Payment Card Industry Data Security Standard (PCI DSS)

8 Lenovo World’s second largest PC vendor
Uses Paymetric on a global level Products: Laptops, notebooks, servers, tablets, desktops

9 Benefits Improving return on acceptance Reducing security barriers
Minimizes cost Accelerates up fulfillment process Increase Security and Protect Your Brand With Paymetric’s tokenization solution, XiSecure™ On-Demand, it is impossible for hackers to reassemble through decryption or reverse engineering.  This increased security allows companies to preserve their brand without the worry of unexpected fees, fines or legal costs associated with a data breach. Improve business processes and performance Overcome technological or organizational challenges Increase operational efficiencies Improve security and brand protection Deliver excellence in customer service Achieve documented and/or demonstrable ROI Accelerate Time to Cash XiPay™ On-Demand allows companies to accept payment for products delivered or services rendered today! With XiPay™ On-Demand, it is no longer necessary for companies to take on the risk of extending payment terms to customers.  Accepting electronic payments accelerates time to working capital, giving businesses a competitive advantage over rival companies with less significant cash positions. Reduced Total Cost of Ownership of Electronic Payment Acceptance Where traditional, on-premise payment applications require major licensing fees, significant hardware procurement costs and regular maintenance contracts, XiPay™ On-Demand lowers the total cost of ownership (TCO) with an inclusive monthly service fee and reduced installation costs.


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