Cost Reduction: Invoice Health Check
Many enterprise merchants unknowingly overpay for payments services by millions of dollars every year.
Millions of transactions and billions of rows of information are included on retailer invoices for payments services each month. When combined with highly complex charging structures, pricing and incentives for different card types, ever-increasing fees, complicated reporting, and more, then an accurate reconciliation is a near impossible challenge for retailers to manage.
Our team uses proprietary tools, data-science, and years of experience to identify mischarges, provide visibility to opaque charging structures, and rectify overspend.
Merchants use CMSPI to:
- Rectify overspend & achieve rebates for mischarges
- Peace of mind that you aren’t overpaying for services
- Identify areas of optimization
Boosting Revenues: Transaction Success
Merchants lost over $400 billion in sales to falsely declined transactions last year alone.
Eradicating false declines and getting as many good customers through the check-out as possible should be number one on every retailers’ list of priorities.
The average CMSPI project to optimize transaction success yields an 8% uplift in revenues. In fact, in the past 12 months, we have helped increase retailer sales by billions of dollars. We use proprietary tools, data-science, and years of experience to help retailers stop losing revenues through their payments set-up. Through a data-driven supply-chain engagement strategy, you could significantly boost your digital sales.
Merchants use CMSPI to:
- Track improvement and benchmark approval rates against peers
- Break down & deep-dive into problem areas
- Receive actionable insights & expert recommendations to boost transaction success
Minimize Fraud, Boost Sales & Balance Risk
Overpaying for fraud solutions and sacrificing sales for the sake of fraud prevention should be a thing of the past.
Many - if not most - enterprise retailers are overpaying for fraud solutions and chargebacks, as well as losing out on millions of dollars in sales as a result of suboptimal fraud strategies.
CMSPI uses a blend of proprietary tools, sophisticated benchmarks, data-science, and years of experience to help merchants assess and scrutinize the performance of their fraud suites.
Merchants use CMSPI to:
- Drive down the cost of fraud and chargebacks
- Significantly increase sales and revenues
- Supercharge your fraud strategies