For years, major business solutions have revolved around global enterprise. Now, small and mid-sized businesses can have the same performance, flexibility and efficiencies with Red Maple Advanced Credit Cards for Business Central, a credit card processing extension for Microsoft Dynamics™ 365 Business Central.
“This gives any business with 250 or fewer employees the same industry-leading and secure solutions that enterprise-level companies have enjoyed for years. Red Maple created this because we believe every size business should have the opportunity to work smarter and perform as well as any global corporation.”
– Jen Robertson, General Manager.
Red Maple’s new powerhouse solution allows independent businesses to get more and do more, including letting customers pay in multiple ways, choose their own processors and gateways, reduce costs with optimized interchange rates, and have industry-leading security that’s PCI 4.0 ready.
The U.S. Chamber of Commerce defines a business with fewer than 500 employees as small. By that definition, there are 33.2 million small businesses in America, which account for 99.9% of all firms. Small businesses create the most jobs (63%), export the most (97%) and employ almost half of America’s workforce, representing 44% of the gross domestic product.
Those businesses also face unique challenges which causes half of them to fail within the first five years, according to a study by the Small Business Administration. Those problems include:
Medium-sized businesses often face competition from larger corporations that have greater resources and market dominance. They need to find ways to differentiate themselves and attract customers.
- Financial Management
Managing finances can be complex for medium-sized businesses, including budgeting, cash flow management, securing funding, and accessing capital for growth.
- Talent Acquisition and Retention
Finding and retaining skilled employees can be challenging, especially when competing with larger companies that offer more attractive compensation and benefits packages.
- Scaling Operations
As businesses grow, they need to scale their operations effectively, including expanding their workforce, infrastructure, and supply chain. Managing this growth can be a significant challenge.
- Technology Adoption
Keeping up with technological advancements and integrating them into existing systems can be a challenge for medium-sized businesses, especially if they lack dedicated IT departments or face budget constraints.
- Regulatory Compliance
Complying with industry-specific regulations and keeping up with changes in laws can be complex and time-consuming for medium-sized businesses.
Red Maple addresses most of those issues head-on with Advanced Credit Cards for Business Central. When it comes to competition, businesses will be able to get paid multiple ways and handle multiple credit card transactions, including e-Commerce, card present or not present, and multiple call center scenarios – just like larger corporations.
With Red Maple Advanced Credit Cards for Business Central, small and medium-sized businesses will also be able to:
- Automate payment-to-invoice applications for sales orders ad invoices.
- Save time billing customers and accepting payments with a 24/7 customer portal via Clever Division™. The web-based, secure portal sends notifications when invoices are ready or overdue.
- Use the processor or bank that you already work with. Red Maple’s multiple integrations allow you to save money and time using your pre-existing relationships.
- Accept payments quickly with our user-friendly assisted setup, and be up and running in minutes.
- Handle the most complex, B2B and B2C transactions with ease, whether it’s order-to-cash or paying with multiple credit cards per sale in e-Commerce, call center and card not present scenarios.
- Streamline accounting processes that handles multiple functions from one platform including processing payments at shipment and invoice, easy bank reconciliations with automatic invoice settlements, easy invoice chasing, and capturing authorizations and ship and invoice.
With a 50/50 chance of your small to medium size business failing, it’s important to develop strategies to mitigate risks and enhance your chances of success.
Finally, here is a solution that will help businesses do that.
Is this new product going to keep my customer and business data safe?
Our software is designed to protect your data and comply with the strictest standards in the industry. Security is at the forefront of our design and reducing your risk is the result.
Why should I trust my business to Red Maple instead of another software company?
Red Maple™ has provided software to Microsoft Dynamics customers for 15+ years. With hundreds of customers and industry leading features, our software is designed for you. Likewise, we know Dynamics. Red Maple has solutions for Dynamics 365 Business Central, along with Finance & Operations and Customer Engagement. We have been a Microsoft partner for 20 years and work hard to earn your trust and business.
Can we use our own credit card processor with Red Maple Advanced Credit Cards for BC?
Red Maple supports multiple pre-integrated processors and gateways so you can select the one that works best for your needs.
Is it complicated to set up and get going?
No. The beauty of this Microsoft Dynamics 365 extension is that it’s easy to use from the start. Download from Microsoft’s AppSource, then click on the user-friendly set-up wizard tool to start accepting multiple kinds of credit card payments from customers everywhere, anytime. Also, our 24/7 customer portal, Clever Division, makes it easy to bill and accept payments faster than ever before.