New reporting solution for multi-location merchants makes it easier for restaurants, retailers, holding companies, and other organizations with multiple locations or business entities to track their performance across all locations.
June 24, 2014 (Newswire.com) - Clearent, one of the nation's fastest growing credit card processing companies, recently launched a new enhancement to Compass, which is the company's innovative suite of portfolio management tools. The Chain Reporting feature makes it easier for restaurants, retailers, holding companies, and other organizations with multiple locations or business entities to track their performance across all locations and lines of business. Merchants with multiple locations or merchant accounts are now able to see the bigger picture of how their business is performing, in addition to being able to drill down into the details for each location or merchant account.
Merchants are able to access consolidated reporting across multiple locations and then drill down into each account to see month-to-date and year-to-date volume totals and trends across all accounts. They can also get graphical breakdowns by card type across all locations and export data for each location into one convenient spreadsheet.
Holding companies also benefit from the Chain Reporting feature as they are able to monitor the performance of multiple business entities. For example, restaurant holding companies can monitor trends across each individual restaurant concept, in addition to benefitting from location sales data.
Simple graphs enable merchants to quickly identify top performing locations, as well as those that have not reached their full potential. They can perform deeper analysis by exporting the information to Excel to compare locations by volume, sales growth, average ticket and more.
In addition, merchants receive a valuable report delivered each day via email so they can skip manual data entry and get useful program metrics delivered automatically, including a daily report of the transaction count and volume for each merchant location and line of business that is broken down by card brand.
"In our commitment to providing our clients with modern, innovative solutions to grow their business and increase their profits, it is critical that Avant-Garde offers a way for multiple location businesses to easily monitor their performance and manage their activity. Thanks to the Chain Reporting feature in Compass, through Clearent our clients now have direct access to the detailed reporting they require each day in one simple interface," commented Michael Varian, Vice President of Avant-Garde Marketing Solutions, one of Clearent's progressive sales partners.
"I'm excited about the opportunities that this feature delivers to merchants, as well as to Clearent's sales partners. Merchants receive a tool that makes it easier to monitor the performance of their business while our sales partners get a feature that helps them sign larger merchants, which ultimately helps them achieve faster growth and faster profits," said Dan Geraty, CEO of Clearent.
Clearent is a payment processor that was built to be different. We combine leading edge technology with a passion for service to help our customers maximize the value of their merchant services program. Clearent provides sales agents, merchants, software developers and financial institutions with benefits not available from other providers, such as next day funding with a late cut-off time and unrivaled graphical, web-based reporting, and processes $6 billion in annualized card volume and services a total merchant portfolio of 20,000. To learn more, visit www.clearent.com or call 866.205.4721.
About Avant-Garde Marketing Solutions
Avant-Garde Marketing Solutions, Inc. (AGMS) is a full-service, in-house payments provider founded on the principles of honesty, integrity, and unprecedented customer and technical support that is revolutionizing the payment processing industry. Since 2003, AGMS has achieved record-setting growth by developing state-of-the-art payment solutions, protecting businesses from the onslaught of superfluous fees, and most importantly, offering businesses exclusive, patented products and services built on cutting-edge technologies that strengthen customer loyalty, increase customer traffic, and increase sales and profits. More information can be found at www.agms.com.