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Payment Dashboard – What Is It for?

Payment Dashboard – What Is It for?

By: SMITH THOMPSON

Payment processing is an essential part for small, medium and large businesses. Each deal ends with a monetary transaction that needs to be completed and accounted for. Without the use of modern digital technologies, this process can become extremely tedious and so slow that it will slow down the development of the company.

Today, to automate and optimize the processing of most payment situations, you can use special Internet resources – financial platforms. A good example of such a platform is Corefy.com, a service that provides many convenient features.

Automation of Cumbersome and Routine Tasks

Payment processes can be very monotonous but easily automated. For such cases, there is a payments dashboard for the convenience of using the automatic processing that online platforms provide to their customers. It offers many benefits:

  • time saving – the built-in ergonomic dashboard is an effective solution that saves time and labour costs;
  •  a consolidated set of tools is always at hand;
  • convenient and safe integration with other programs installed on the office computer;
  • simple and visual reporting – by clicking on the desired button, you can immediately see the status of the transaction, payment method, time and related requests.

Reducing the amount of paper used for payment processing is also an important advantage of using the control dashboard, as well as an opportunity to save costs, since you have to buy less office supplies. Moreover, eliminating the need to visit the bank saves not only time, but also fuel.

High speed of payment processing increases customers and partners loyalty. The dashboard allows convenient storage of transaction data and provides instant access to the information. By speeding up and automating most functions, the dashboard eliminates the risk of errors or frauds. At the same time, it increases employee productivity as the company’s income grows.

Powerful and Convenient Tool

The payments dashboard is a powerful, compact and cost-effective solution for managing any of the payment processes a company uses. It eliminates the need to open dozens of tabs and constantly switch between them.

You can track transactions and a variety of analytics in real-time. Analytics in the form of graphs clearly displays all processes. In this form, it is impossible to miss important changes in business development. This allows you to identify the strengths and weaknesses in time and to intervene in the business process and optimize it.

Responsible platforms provide free demos to help customers evaluate the features of payment dashboards. After trying out the offered trial features, customers will have an option to use advanced, full version features.

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