Copyright 2019 by Ernst Consulting Group
Many organizations pay their vendors with paper checks or ACH transfers. Checks are inefficient, costly and not secure. And 70% or more of vendor payments are still processed via check. ACH payments cost less and are more secure, but limited in data exchange. And neither of these payment methods generates revenue. Our Virtual Payment technology is significantly more efficient and faster than checks or ACH, and it generates substantial revenue just from paying your vendors. Our solution works with your existing accounting system, at no additional cost, is highly secure, saves time & money, and most importantly pays you for each transaction. You have to pay your suppliers anyway, so why not generate revenue from doing so? Every $10 million in virtual payments could add up to $135,000 in additional revenue to your bottom line.
One of our biggest service additions has become one of the best ways to help your business obtain your fair share of antitrust class action recoveries. We provide specialized class action settlement claims consulting services that includes notification of settlements in which you may be eligible; performing research to assure that all appropriate parts of your operation are included in the claim process; providing advice on what, if any, documents need to be collected. When documents are required and not available or are too burdensome to collect, we develop alternate means to satisfy documentation requirements; preparing, assembling, submitting claims packages and managing them on your behalf throughout the administration process. Our team tracks many different class actions, currently there are over twenty which total over $8 billion in potential recoveries