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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



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                                                         David Daily
                 Zach Daily                            CEO & Founder                               Alex Daily
           Business Development                                                              Business Development
                                   Denise Shomo                           Katelyn Schickling
                                      President                         Business Development
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