Carson City, Nev.-based OmniMerchant launched a cloud-based accounting automation platform. OmniMerchant is a processor-agnostic solution, designed to enhance subscription-based payments and recurring billing services. Independent software vendors, value-added resellers, ISOs and merchant level salespeople can brand and customize the platform to increase customer residuals, acquire new clients and diversify their merchant portfolios, according to OmniMerchant co-founders Michael Segura and Matt Dubois.
"Whether they grow organically or through acquisition, merchants frequently acquire multiple payment gateways, CRMs and accounting processes," Segura said. "We wanted to take the pain out of accounting by consolidating systems into a manageable, automated platform. The solution replaces manual billing and subscription procedures with advanced insights and real-time inventory management. The platform is available to all merchants through our resellers." Dubois added, "This software is a true game-changer because it allows controllers the ability to automate what used to be tedious, time-consuming work. It puts the merchant in control. Your clients will love it."
OmniMerchant's web software connects enterprise resource planning (ERP) systems, payment gateways and customer relationship management systems (CRMs). Its wizard-driven installation is fast and thorough, according to Dubois, who said setup takes approximately seven steps and seven minutes. Once installed, the system provides a real-time, single-access view to inventory levels, shopping cart activities, batch accounting functions and accounting systems, he added.
Following are additional platform features the company described:
OmniMerchant facilitates real-time accounting reconciliation by integrating and synchronizing multiple platforms across a merchant's enterprise, including the following: Payment gateways: OmniMerchant's growing list of gateway partners includes NMI, PayPal, Stripe, PayTrace and Authorize.Net.
"OmniMerchant is a true omnichannel billing solution; its flexible and scalable design enables it to adapt to a range of industries, use cases and merchant environments," Dubois said. "This singular platform can help all companies, from single-location businesses to global enterprises, save time and money and improve efficiencies by synchronizing accounting and operations." Segura agreed, stating, "Matt and I are extremely excited to introduce this much-needed solution to others in the payments space because until now value-added solutions like these have always been closed loop. OmniMerchant was built to break that mold and empower the little guy that just doesn't have the resources to build a platform like all the other major players do."
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