Selecting an Acumatica Payments Partner: Pros and Cons

What are the Pros and Cons of Choosing an Acumatica Payments Partner?

It’s easy to be overwhelmed by the endless choices you have when considering a new Acumatica credit card processing solution. One of the many decisions you’ll be facing is whether to do it yourself, or work with an expert partner. To help you understand your choices better, here are a few benefits you can only get by working with a team of experts for your integrated Acumatica payment processing.

Pros: Get a Solution That’s Right For Your Business

Ideally, unlike working directly with the processing provider, a payment consultant is independent and off you the best payment choice. For example, the team at VIP Integrated Payments (VIP) is independent from the processors they offer, so they can be transparent and explain the pros and cons of your options without bias. Our VIP team freely shares our industry knowledge and deep experience to help you understand how to optimize your payment processing. We explain why prices are what they are, how they’re calculated, and how the processor generates revenue. 

A good payment consultant will also take the time during your initial discovery call to understand your business, processes, and revenue generation methods. The helps ensure the new payment will be a good fit your business and revenue model. It will also need to accommodate your demand, sales volume and future growth plans.

Cons: Avoid Being Locked In

One of the most common issues businesses face when seeking a new payments provider is they are trapped in a long-term contract. In some cases, you can’t get the best rates unless you commit to a 3- or 5-year contract term. In the most extreme cases, you can’t get out of the agreement for any reason, even if they increase your fees to intolerable levels.

You should also be very wary of the 3-year automatic renewal term that has a 90-day window. What could happen at the end of three years and you miss that 90-day notice window, you're bound for another three years automatically. That’s a problem if you’re not getting good rates with your provider.

Ideally, you want to look for a provider that offers a month-to-month renewal. This type of term agreement gives you the opportunity to process with much less risk if you're not happy. VIP Integrated Payments offers month-to-month agreements so you're not locked into a long-term contract. Their philosophy is if they’re doing their job right, then you'll be a customer for a long time. If you do decide to leave, you’re not penalized like you might see with other providers.  

Pros: Get the Experts on Your Side

VIP Integrated Payments is a leading provider of integrated payment technology solutions to North American merchants, differentiated by strategic partnerships and multiple platform model. Our VIP team provides a broad suite of end-to-end payment solutions and superior US-based customer support. We have spent more than 10 years integrating solutions and developing relationships.

VIP’s credit card processing solutions integrate seamlessly with your Acumatica ERP/accounting system, for example, allowing you to accept credit card payments inside your software. The integration automatically posts payments to invoices, so there’s no need to go back into Acumatica at the end of the day to reconcile your invoices or balance your general ledger. How much time could that save you every day?

Contact our experts at VIP Integrated Payments today to start saving time and money with Acumatica Level 3 integrated payments. To see how you can save on credit card processing, speak with our team (888) 791-9390 ext. 101 or email us at or visit our website!