With revenue streams from multiple processors getting a roll-up view of profitability can be challenging. With P2 you can upload monthly profitability information from multiple processors and get portfolio-level view of all the income and expense for bankcard products. You can reconcile the revenue amount with the checks you get from your processors. You can view gross profit before you pay residuals and net profit after you pay residuals. You can track your most profitable merchants, agents, and referral partners. You can create watch lists to identify where profit is increasing or decreasing significantly.
We certify the monthly summary files you get from your processors and map the elements from the file to billing elements in our system. This allows you to see a common set of values for high-level categories of discount paid by the merchant, amount paid by the processor to the card networks, and then your processing costs. From those high-level categories you can get to a gross profit number. The portfolio can be segregated by referral partner, agent, or merchant. View Tutorials |
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Profitability File UploadWe certify the residual files that our customers get from their processors. Once files are certified, you simply select a file type and upload it into the system. The data becomes available for portfolio reporting and for paying out agents and partners. For non-bankcard residual streams, there’s simple format that allows you to upload expense, revenue, and profit for any product. When the format of a file changes, such as a new column is added or a new fee is introduced, a validation process will notify you that an exception has occurred. |
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Portfolio RollupWhen you have multiple processors, it’s difficult to get a roll-up view of your bankcard expense and revenue across your portfolio. Having the ability to upload monthly summary data allows you to see a summary of expense and revenue broken down into fee buckets across processors. For example, you can see total amounts paid in discount by the merchant, total amount paid to the card networks by the processors, leaving a total revenue amount. Out of that revenue amount you remove your cost, and you’re left with a gross profit that is used to payout residuals. The Portfolio Rollup view allows you to reconcile the amount you’re getting paid from your processors and calculate payouts for your agents and partners. |
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Profitability by Referral Partner or AgentYou can slice and dice your portfolio by agents and by referral partners. Because P2 is the system of record for who sold the deal and who referred the deal, we can view the income, expense, and profit information for subsets of merchants. For example, you can view the income, expense, and profit for all merchants for a given agent or a given referral partner. This allows you to see who your most profitable agents and partners are. |
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Reports and DashboardsOnce the profitability data is in the system, it’s available to include in reports and dashboards. You can create reports specifically for agents and partners, profitability reports for your internal team, watch lists of merchants increasing or decreasing in profitability. Reports and Dashboards provide you the insight you need to manage your business. |
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