Why You Need to Upgrade Your Business Reporting

Why You Need to Upgrade Your Business Reporting

Using old-school terminals forces you to manually tally profits, sales and transaction totals month over month and year over year. If you need quarterly reports, you must compile totals per terminal and per department for three consecutive months. Bottom line: Old-school terminals don’t produce sufficient data for your business reporting.

Fortunately, our Virtual Terminal tallies for you so your business reporting runs automatically. Pretty nice, right?

Cumulative Business Reporting

Maintaining revenue records manually is inefficient and susceptible to human error. Our cumulative reports save time and provide greater insights into business trends:

The cumulative business reporting in our Virtual Terminal allows you to view sales data at a macro or micro level. High-level information, such as total charges, refunds and net processing is at the top. As you move down, sales are broken out by payment method and then by account, showing both settled and unsettled batches.

You’ll be able to get a quick glance of each account’s performance across custom time periods as well as compare performance in a previous year or quarter to the current one. The cumulative reporting mitigates the intensive work needed to prepare for presentations, proposals or bookkeeping.

Year-Over-Year Business Reporting

Our year-over-year report gives businesses the ability to examine two years of gross credit card sales side by side to gain insights into seasonality and relative sales performance.

Year over year business reporting

These thorough reports make it easier to set goals and make investments for the business. In-depth performance insights simplify decisions on hiring, opening a new location or increasing advertising spend — all of which depend on revenue.

See our reports for yourself.

Request a Demo

Ready to simplify your business reporting? How would these beautiful, automated reports change the way you do end-of-month or -year reporting? Let us know what you think, we’d love to hear from you.

About Ursula Librizzi

Ursula is the sales and marketing operations manager for PayJunction. She oversees daily marketing tasks, contributes content and bridges the gap between the sales and marketing departments.

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