Advanced Exchequer launches payment portal to automate credit card processing

Advanced Exchequer (Advanced) is launching a new payment portal to automate credit card processing, delivering time and cost savings for users.

Online PR News – 11-November-2015 – Bournemouth, UK – 3 November 2015 – Advanced Exchequer (Advanced) is launching a new payment portal to automate credit card processing, delivering time and cost savings for users. The Exchequer Payment Portal will also simplify compliance with the Payment Card Industry (PCI) requirements as it integrates with leading payment processing system providers.

The portal works with orders entered through the Exchequer Sales Order Processing system or via telephone, post, fax or email linked to an approved payment provider. It can also be configured to work with websites and web stores.

The solution will initially be integrated with Sage Pay, with other payment providers, such as PayPal and Worldpay, being added based on demand. As the portal acts as a gateway to these providers credit card information does not need to be stored in the Advanced system, which supports PCI compliance and adds an extra level of security.

The launch of the portal forms part of the release of Advanced Exchequer 2015 R1, an upgrade to the existing core finance system which includes 30 enhancements and significant development of the Prompt Payment Discount (PPD) and Order Payments modules.

The PPD upgrade ensures users can easily control and process large volumes of these discounts while staying compliant with government legislation, without the need to manually create individual, rather than lengthy, credit notes.

The Order Payments development will make it faster for customers to process orders when receiving payments at the same time, such as by phone or online, by automatically attaching orders to payments.

Simon Fowler, Managing Director, Advanced Exchequer, says, “We are committed to constantly investing in the solutions we offer to improve the experience and productivity for end users. Our new payment portal significantly streamlines reconciliation and management throughout the credit card transaction lifecycle whilst tightening security controls.

“The enhancements we have made to our core system have been driven by user feedback, and provide ongoing cost and time efficiencies. Another major advantage is that businesses can have peace of mind that Exchequer ensures they can remain compliant with changing legislation, with as little effort as possible.”

The Exchequer Payment Portal and new core system modules will be launched at Advanced’s annual customer conference, ‘Advanced World - Facing the Future’, which will be held at the Business Design Centre in London on 5th November 2015. For further information about the conference, click here.


Notes to Editors

About Advanced Exchequer

Advanced Exchequer’s multi-award-winning, fully integrated accounting and business software helps organisations improve the way they manage and operate their business, delivering significant time and cost savings by automating everyday tasks.

Flexible and easy to use, with powerful functionality built-in throughout, Exchequer supports all aspects of an organisation providing unrivalled analysis, exceptional management reporting and productivity enhancing tools. Exchequer improves customers’ productivity by 47%.

Award successes include ‘Financial Software Provider of the Year’ in the Real Finance/CBI FDs’ Excellence Awards, winning more times than any other software provider and 100% user recommendation by Charity Finance for three years running.

Exchequer is part of Advanced Computer Software Group Limited, a leading supplier of software and IT services to the health, care and business services sectors and is the 3rd largest provider of software and services to the UK market. In 2014, the Group won Tech Company of the Year in PwC’s UK Tech Awards. Advanced was also ranked in the Deloitte UK Fast 50, which recognises the 50 fastest growing technology companies in the UK and ranked in the top 300 technology companies in Deloitte’s EMEA ranking.

Press contacts

Angela Mycock and Kathryn Howard, Advanced Computer Software Group
E: T: 01625 856513