Platform Comparison
Platform
Comparison
Online Payments
Credit Cards
EFT
Online Banking
Interac
AutoPay
Instalments
Partial Payments
Reason Notes
Pay on Account
Portal
Portal Integration
Custom Domain
Web iFrame
Posting
AR Balance
On Account
Bulk GL Receipt
eCommerce
Integration
Payment Gateway
Off-Line Payments
Check Capture
EFT/Wire Remittance
Statements
Auto Posting AR
Bulk GL Posting
Onboarding
Adoption Plan
Notifications
Follow Ups
Operational Impact
Operational
Impact
Transactions #
10,000
10,000
Auto Posted *
100%
0%
Efficiency Savings**
$150,000
$0
DSO Savings***
$16,438
$0
Customer Experience
Priceless
Total Savings
$160,438
$0
* SimplePin ability to capture, post and reconcile all online and traditional payments
**Fully automated posting reducing labor estimated at $12/transaction efficiency
*** Online adoption uptake of 5X for SimplePin, customers paying 3 days earlier at 4% bond rates
