Elevate Data Service
Elevate is a browser-based Business Intelligence solution for payments and chargebacks. Based on market demand, it was specifically designed to extract actionable insights from your raw payment data. Elevate is designed to provide the insights into the payment process that helps you widen the Conversion Funnel and grow your business.
Conversion Rate Optimization
For any online business oriented company to remain competitive, it's essential to continuously improve the payment process by increasing your page's authorization and conversion rate and decreasing your chargeback’s by preventing fraud.
This payment process can be visualized as a funnel, and the goal of it is to increase the number of payments that progress from stage to stage, essentially widening this funnel. Elevate was designed to provide the insights into the payment process that helps you increase the number of successful transactions and ultimately grow your business.
Needle in a Haystack
Your payment data is a treasure trove of information that can help provide the best possible payment experience to your customers. Unfortunately, extracting actionable insights out of raw payment data can seem like looking for a needle in a haystack sometimes.
You can pore over endless spread sheets and pivot tables looking for insights, but this is very time-intensive. Time you could be spending elsewhere. You can do a periodic deep dive with your Payment Service Provider, but monthly or quarterly reports don’t allow you to actively identify and manage situations as they occur.
Elevate was designed to mine your raw payment data as soon as it's available, and to visualize trends and patterns that let you actively manage your business. It also lets you act quickly on payments opportunities and threats.
Data to Insights
Elevate lets you run searches on your raw payment data, and visualizes the results in easy-to-read dashboards allowing you to quickly identify and act on payment problems and opportunities.
Key features include over 20 different interactive dashboards, an innovative benchmarking feature, and because Elevate is browser-based, it can be accessed anywhere, anytime from any internet-connected device.
Why Use Elevate?
Your payment data contains valuable information to help you optimize your business. With insights from Elevate:
- You make informed decisions quicker
- You have a better understanding of opportunities and threats
- You can predict and anticipate
- You improve the bottom line
Elevate also offers Industry benchmarking that allows you to compare your performance against your industry. With benchmarking, Elevate reveals for instance how your authorization rate compares to that of the industry. This way you know exactly which markets you're behind in and whether there's room for improvement.
Industries that Elevate supports
- Financial Services
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Contact us today to learn more about how you can use Elevate and transform the payment process from a cost center into a strategic asset for your company.