Worldpay Integration with Accounting, ERP and CRM systems
Worldpay is the trusted payments partner of some of the UK’s largest retailers, but also for hundreds of thousands of small and medium sized businesses in the UK and US. This includes over 16,000 hairdressers, over 24,000 restaurants and more than 9,000 pubs in the UK, as well as some of the most innovative and fast growing eCommerce businesses globally.
It has been a pioneer in card payments, multi-currency processing, online payments and contactless, and is expanding its global reach, data analytics and optimisation, and the emerging field of integrated payments.
As such, Worldpay holds a wealth of critical customer and transactional information that needs to be reconciled with accounting, ERP or CRM applications. This manual data entry process can be costly, slow and prone to errors in many businesses.
Automating Bank Reconciliation and Data Checking
Operating an online business comes with multiple challenges and bank reconciliation processes are probably just one. Not only is this a critical process in terms of dispatch management, but it’s time-consuming and open to errors.
Likewise, monitoring and spotting discrepancies between data held within accounting, CRM or ERP solutions and Worldpay can also cause logistical and management issues. As businesses are growing rapidly, especially with the adoption of eCommerce, it simply doesn’t make business sense to employ more staff just to monitor or report on exceptions that may or may not occur.
Fortunately, Codeless Platforms’ BPA Platform can use the Worldpay APIs to provide the missing link between Worldpay and accounting, CRM or ERP systems. Once the Worldpay integration is in place, the BPA Platform can automatically check whether a payment via Worldpay has been successful, failed or is fraudulent, and then update the accounting or ERP system accordingly. This helps speed up the sales and dispatch process as well as remove potential errors.
The BPA Platform can also automate the manual monitoring and comparison of Worldpay data with an accounting or ERP solution, and then inform employees automatically, via email or SMS, of any discrepancies that appear.
For more information on integrating Worldpay with accounting, ERP or CRM systems download the brochure below or call us on +44 (0)330 99 88 700.