Tag: residual reporting

IRIS CRM - NMI
Featured Article NMI Acquires IRIS CRM, Expanding Deeper in the Commerce Value-Chain

To meet increased demand for full commerce enablement solutions, NMI and IRIS CRM’s joint offerings better enable ISO, ISV, bank and fintech partners SCHAUMBURG, IL – JANUARY 18, 2022 – NMI, a leading full commerce enablement technology company, today announced it has acquired IRIS CRM, a premier merchant services CRM and comprehensive merchant management platform […]

Calculating Payment Residuals – The Old Way and the New Way Calculating Payment Residuals – The Old Way and the New Way
Read MoreCalculating Payment Residuals – The Old Way and the New Way

Calculating residuals is one of the most important tasks ISOs perform each month because residuals represent the vast majority of revenues. Monthly residuals also determine how much an ISO’s independent agents earn, so their accurate and timely calculations are extremely important to the core employees that bring in merchants and drive portfolio growth. Unfortunately, it […]

MM101 Support Automates Fiserv FSP Residuals Reporting MM101 Support Automates Fiserv FSP ISO Residuals Reporting
Read MoreMM101 Support Automates Fiserv FSP ISO Residuals Reporting

IRIS CRM is happy to share that we have expanded residuals reporting functionality for Fiserv FSP ISOs by adding support for the MM101 file to calculate residuals income.  Fiserv FSP ISOs can now use IRIS CRM to automatically calculate their monthly residuals income using the MM101 file. By eliminating manual calculations, ISOs can scale their […]

Residuals: What They Are and How Residual Calculations Work Residuals: What They Are and How Residual Calculations Work
Read MoreResiduals: What They Are and How Residual Calculations Work

Residuals are a driving force behind one of the most important parts of the payments industry – independent sales organizations (ISOs). Residuals represent the reward that brings ISOs and new independent agents into the space, without whom a small handful of payment processors would be left to try to handle the millions of merchants across […]

Independent Sales Organization Merchant Recruiting Tips Independent Sales Organization Merchant Recruiting Tips
Read MoreIndependent Sales Organization Merchant Recruiting Tips

Competition in the payments industry is fierce, and independent sales organizations looking to rise to the top and maximize growth need to find ways to consistently recruit more, higher-quality merchants than the competition. The following represent three simple, but effective tactics your independent sales organization can use to beat the competition by finding more leads, […]

Better Residuals Reporting and Management Better Residuals Reporting and Management
Read MoreBetter Residuals Reporting and Management

Your residuals are the reason your ISO is in business in the first place. They represent the majority of your revenue, and the growth and long-term success of your portfolio is also the main driver of your company’s value. They’re also the reason your independent agents are in business and the carrot that attracts the […]

IRIS CRM Sales Tools Your Team Will Use Every Day IRIS CRM Sales Tools Your Team Will Use Every Day to Drive Up Conversions and Close More Deals
Read MoreIRIS CRM Sales Tools Your Team Will Use Every Day to Drive Up Conversions and Close More Deals

Payment processing is a competitive industry, and to ensure your independent sales organization’s continuous growth and the health of your residuals portfolio, it’s crucial that you provide your team with the most modern tools available to help them succeed. IRIS CRM, the payments industry’s leading customer resource management platform, is designed specifically to help agents […]

Residuals Reporting Why Residual Calculations Are Important
Read MoreWhy Residual Calculations Are Important

People that work in sales do residual calculations for a variety of reasons. There’s the thrill of the chase — of moving contacts through the sales funnel, from prospect to closed deal. Then there are the fast-paced days that are always changing and challenging agents to think on their feet. All of these factors play […]

New Enhancements: Expire Splits & Net Payout Settings For Residual Calculations New Enhancements: Expire Splits & Net Payout Settings For Residual Calculations
Read MoreNew Enhancements: Expire Splits & Net Payout Settings For Residual Calculations

As a business in the payment industry, having access to accurate and flexible residuals reporting is an absolute must-have to be successful.   IRIS CRM is are aware of the importance of efficient residuals reporting, which is why we continue to heavily invest in residual reporting enhancements.   As the newest additions to our powerful residual […]

Residual Income Reporting Residual Income Reporting Issues – Top 4 Improvements
Read MoreResidual Income Reporting Issues – Top 4 Improvements

ISOs are constantly trying to get a more granular understanding of their merchants. With more information, they are able to better manage their portfolios and initiate more compelling marketing campaigns.  Together, these efforts lead to more sales and profits for the ISO. Getting the right info requires sophisticated residual income reporting systems. Fortunately, there are now new platforms that improve […]

residual income reporting Featured Functionality: Integrated Agent Residual Income Payouts
Read MoreFeatured Functionality: Integrated Agent Residual Income Payouts

Calculating agent payouts and getting accurate residual income reports can be a nightmare. IRIS CRM can provide residual income reporting for over 40 processors and ACH payments directly to sales reps. The agent residual payouts feature is an integration with SAGE ACH (previously known as GETI).  To get started with this feature simply contact SAGE […]

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