Credit Card Module Fortifies Business Operations Performance
Software Answers, Inc., the industry leader in corporate housing property management solutions today announced the release of their enhanced credit card module for the Oscar 4 application. The companies� persistence to continually satisfy its clients with improved efficiency and functionality now provides a 100% integrated internet based credit card processing solution. The Oscar 4 program now manages all credit card operations internally eliminating the need for additional hardware or a separate credit card server application.
The new credit card module helps businesses streamline labor intensive and time consuming tasks by supplanting the traditional credit card entry methods by way of a terminal and external printer with true process automation. The company, which stays in close contact with its customer base, was keenly aware of the challenges that organizations were facing. A clearly defined need to reduce A/R operations in card processing was needed. The latest version meets all of the current VISA/MasterCard requirements and most importantly the unique billing needs of the customers.
The Oscar 4 credit card module dramatically reduces processing time by providing batch processing for hundreds of transactions with a single click reducing the end of month posting time normally found by using a credit card terminal from days to just a few minutes. Oscar 4 can then automatically post the payments to resident ledgers. The Software Answers, Inc. development team seeking to optimize the popular batch transaction feature in the latest release was able to reduce the per transaction time from 5-6 seconds down to as little as 1.5 seconds.
In the latest release of the module, users can now get the benefit of batch credit card e-mailing as well. The user can now select a specific batch and send all of their invoices marked paid to their customers by e-mail in just one step. This results in a significant time and postage savings from sending each invoice one by one.
Because of the detailed reservation criteria sent to the credit card processors by Oscar 4, users can directly reduce their overall processing costs. The specific arrival and departure information sent by Oscar 4 to processors like VISA/MasterCard actually allows the merchant to receive a discounted rate.
With the scrutiny of credit card handling and processing at a peek Oscar 4 �s credit card module now gives the user the ability set security access in each area of the component including operations, reports and setup. The continuous improvement and added features of Oscar 4� are natural progression for the company that features one of the industries best database encryption technologies that protects the card holder as well as the company who uses it.