Page 22 - GS181202
P. 22

Spotlight Innovators




        What makes a good boarding partner?

        After analyzing her two experiences, Karawadra began talking with her sales agents, canvassing them on what they felt
        were the key qualities that great merchant services partners should have during the account boarding process.

        As she surveyed, the following three factors were mentioned over and over again by everyone on her sales team, providing
        invaluable information to what she could review and apply within her own company:
          Communication – “Above all else, communication is the highest priority,” urged Karawadra. “Even if you don’t have
          an answer, communicate this honestly to the selling agent boarding the business, so they can update the merchant
          and give them a realistic timeline.” According to Karawadra, frustration often comes in when a merchant asks for a
          status update on their application, but the sales person can’t answer because they aren’t receiving quality feedback or
          guidance from the MSP.
          Reliability – Every frontline sales person needs to be able to rely on what their MSP is telling them. The information
          given should also be factual, and predicted timelines should be met, so your sales force feels comfortable enough to
          continue bringing business to you. Karawadra believes a sales person that feels confident and can comfortably rely on
          what you tell them about the deal, timeline and account provisions will almost always bring their new business to you
          first. “Simply answering the phone goes a long way too,” she said. “It can be tremendously challenging to be in the field
          with a merchant, only to find out the MSP is not reachable by phone to answer a simple question.”
          Follow through – “We all know the follow through is the hardest part of providing service,” Karawadra stated.
          “Identifying the problem is the easy part, but it is finding the resolution and seeing the fix through to the end that is
          the real key to keeping a customer happy.” Karawadra feels this is where MSPs often get lost and start losing agents. “If
          a sales person brings attention to an error, or any problem that needs resolving, and the matter never gets resolved,”
          she continued. “It is just as negative as telling them their business isn’t important to you.” Karawadra urges every MSP
          to have a system for documenting concerns, escalating them when needed, and holding the company accountable to
          providing every sales person with the best possible solutions.
        Sell for a company that cares

        Karawadra also urges sales people in the payments industry to do an analysis of their own on the company or companies
        they board business with. Is the process cumbersome? Is someone always available to answer questions when you need
        it? What kind of ongoing communications occur during the application review process? Does the company ever ask what
        they can do to provide better service to you?
        If any of these questions leave you pondering about the quality of a partner relationship, or you are wondering if
        there could be a better option for you, Karawadra invites you to visit Impact PaySystem at https://impactpays.com, or call
        877.251.0778 or contact the company via email to discuss the potential of starting a selling relationship.


                                                                  lectronic Merchant Systems (www.emscorporate.com),
                                                                  has been helping small and mid-size business owners
                                                                  realize their full potential since 1988. Headquartered in
                                                         E Northeast Ohio, with sales offices across the country,
                                                         EMS provides trouble-free deployment of customizable payment
                                                         applications to increase business profitability. EMS serves tens of
                                                         thousands of retail, internet, and start-up businesses nationwide,
                                                         processing over $3 billion in annual payment card transactions.
                                                         EMS, a recognized payments industry leader and brand, increases
                                                         its clients’ financial wellbeing through its innovative suite of busi-
                                                         ness solutions, high-quality service and professional employees.
        What’s New:

        Profit as you grow in merchant services



                  elling merchant processing systems can be rewarding in many ways. In addition to having the freedom to
                  decide when and where you work and how much compensation you receive, there's the satisfaction that comes
                  with being personally involved with your community. Each new day brings new opportunities to help small
        S business owners stay ahead of their competitors. If you're not feeling challenged in your current role, maybe it’s
        time to consider a change. The merchant services profession offers many tangible benefits: the ability to earn competitive
        22
   17   18   19   20   21   22   23   24   25   26   27