Standardized accounting and payment processing for e-commerce at Arvato Financial Solutions

Aqount is particularly suitable for fast-growing, digitally savvy companies interested in finding a scalable, secure and robust solution, as well as corporations looking to set up an online business alongside brick-and-mortar retail or B2B businesses seeking to expand into B2C. It also means they do not have to deal with demanding backend processes and complex interfaces that require communication with various partners and payment method providers or coordination of payment flows. Aqount provides them with quick and easy connectivity.

The solution meets many company and client ease-of-use requirements. “To offer the perfect shopping experience from ordering to payment, numerous processes need to perform smoothly in the background. Yet these financial processes – from invoicing and logging incoming payments correctly to issuing payment reminders and collecting debts – tie up time and staff resources,” explained Florian Krämer, Operations Director in Accounting and Collection at Arvato Financial Solutions. “Aqount offers the perfect solution that can also connect to client systems extremely quickly.”

Arvato Financial Solutions takes care of all financial transactions in the order-to-cash process, including connecting and coordinating a wide array of payment methods, receivables, bank account and cash flow management, chargebacks when customers appeal against payments, returns processing, all the way to debt collection. Every retailer can decide for themselves what expansion level is appropriate for them. Regular reporting ensures that everything from receivables and debt collection information to monthly statements are clearly available at all times. Scalability means seasonal fluctuations are no longer a problem. Product experience and client service remain key considerations at all times, whether for B2B or B2C.

Arvato offers modular solutions for every taste, from the Starter Package all the way to expandable solutions with individualized solution designs, a choice of preferred bank, acquirer and payment provider and customized process designs and accounting systems. The product is designed for international use, is highly scalable and grows in line with the developments and requirements of each business, making it perfectly suited to the fast-growing online segment.

For more information, please visit http://finance.arvato.com/…