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01/23/2018
The 5 Symptoms of a Payment and Billing System Problem

By Martha Salinas, Senior Vice President

There could be a lingering question if your business is slowly eating away profits: Does your company have a billing and payment problem?

Implementing payments and billing efficiently is vital to your business health, yet maybe something is broken and it’s impacting the way your business works today. In many cases, our everyday business lives come with so many varied challenges that the most important, foundational problems are ones hidden in the bedrock. Upgrades such as APIs and using closed-loop cards can help contain expense and ease user experience.

When it comes to billing and payment systems, there is a way to identify warning signs of a problem that may be costing your business big money, and could be eroding your reputation among customers and partners.

At the heart of the system are your customers, and associated transaction data reflecting their buying patterns, and purchasing volume providing signals of the vitality of your business. Evaluating this data usually tells a story, just like the doctor taking your blood pressure and temperature.

To find out what the five symptoms of a billing and payments problem for businesses are, visit  www.paymentssource.com.

In the Press

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10/04/2018
Innovation drives evolution at MSTS

By Leslie Collins  – Reporter, Kansas City Business Journal | October 4, 2018

 

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09/26/2018
Decisiv Adds MSTS Credit Service for Maintenance Management

Decisiv, Inc., a Service Relationship Management (SRM) solution provider, a

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09/07/2018
As Even Small Merchants Sell Globally, Payments Industry Faces Bigger Demands

This article was written by PaymentsSource

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08/27/2018
CIO Spotlight: Dan Zimmerman, MSTS

Written by IDG Connect | August 27 2018

 

 

 

 

 

Name: Dan Zimmerman

Company: MSTS

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08/22/2018
Credit as a Service for the B2B Market

Multi-Service Technology Solutions (MSTS) was founded in 1978 by a former trucking company owner who wanted to automate payments for trucking services.

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08/22/2018
Implementing a Customer-Centric B2B Omni-Channel Strategy

Today's B2B customer is a digitally-savvy omnichannel connoisseur with high expectations of a B2C-like buying experience that still meets their more complex B2B needs.

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08/10/2018
Navigating the Complexities of Managing B2B Credit and Payments Operations for National Account Programs

Most businesses have a natural aversion to risk, experience resource constraints and often a need to cater to customers who use disparate merchant networks. This poses a tremendous challenge to scalability.

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07/12/2018
PayThink International Payments have lots of tech, but rules are stuck in the past

In today’s digital economy, most people think that sending money across borders is a seamless process.

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07/03/2018
Removing the Friction from Cross-Border Payments Reconciliation

For businesses looking to expand their ventures in global markets, cross-border payment frictions can vary from delivering international payments on time in the correct amount to delivering them in the recipient’s preferred currency.

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05/25/2018
Taking B2B eCommerce Omnichannel

No B2B transaction occurs in a vacuum. Buyers and suppliers must consider the history of their relationship, negotiated rates and payment terms, and the reputations of the companies working together.