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Insights and Expertise
Once you're working smarter—not an XML file, and another a PDF or text file. In-house
harder—with your data, you will gain finance teams generally don't fully understand these
different file formats, or how to open them and get
the holistic view that should be the the information they really want. The right solution
main objective of your data strategy, can do all of this for you.
especially if you're working with Why it matters
multiple payment processors. Put simply, it matters because it saves time and money.
A robust data governance framework means finance
teams don't need to spend all day making sense of data
through manual, time-intensive data analysis tasks. A
The monitoring and reporting company takes data data monitoring and reporting platform provider can
from multiple files provided in various formats and import files in a few seconds, map it into a single schema
imports it into a database, which structures the data. and produce actionable analysis.
An additional standardization layer allows for use of
all available transaction data for reporting. Making Teams don't have to go through thousands of files before
it accessible via easy-to-use dashboards will give their data is usable and can instead concentrate on jobs
clients a standardized view so they can query all that add real business value.
their data in one place.
With smart processes, you can interrogate the data and
3. Reap the benefits of a holistic view underlying trends in cardholder behavior. Examples
include looking to see what cardholders are spending,
Once you're working smarter—not harder—with where they are spending and what method they are using
your data, you will gain the holistic view that should (chip and pin, contactless, online purchases, etc.). Having
be the main objective of your data strategy, especially standardized data provides much more flexibility when
if you're working with multiple payment processors. reporting on these metrics.
One processor might give you a CSV file, another
We Buy Agent Portfolios
David Daily
Zach Daily CEO & Founder Alex Daily
Business Development Business Development
Denise Shomo Katelyn Schickling
President Business Development
Contact us today for a complementary portfolio valuation
or to inquire about our referral program for ISOs
+1.610.451.4096
cutterfinancial.com
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