(172) modernize your business and keep …...your choice is our priority booth #34/35 (172)...

Your choice is our priorityBooth #34/35

(172) MODERNIZE YOUR BUSINESS AND KEEP USING YOUR INFOR ERP WITH CENPOSPRESENTED BY: AKTION ASSOCIATES & CENPOS


AGENDA

Aktion’s Infor & CenPOS Partnership

Credit Card Fraud Stats

Infor Credit Card Integration Highlights

Positive Impact of Accepting Credit Cards

Payment Card Industry Compliancy

Concluding Thoughts

Q/A


Aktion’s Infor & CenPOS Partnership


• Seamless cloud-based integration into your Infor ERP

• Customized to your business

• Secure transactions

• Unparalleled control over orders and payments

Infor Partnership• Largest NA Distribution Partner

• 25+ Year Gold Partner

• Infor Distribution Partner of the Year three years running (2017 - 2019)

• Supporting Infor Distribution ERPs:• A+• CloudSuite Distribution• FACTS• SX.e

Partnership


Credit Card Fraud Stats


CREDIT CARD FRAUDStats you need to know 160,000 reports of credit card fraud 2018

Credit Card Fraud has tripled between 2014 -2018

United States Slow adoption of EMV Chip Technology

10/1/15 – Liability for in store counterfeit card fraud shifted to the party that had not adopted EMV Chip Technology

Merchants that upgraded to EMV, counterfeit fraud dropped 76% from September 2015 to December 2018.


DATA BREACHESStats you need to know 1,244 data breaches and almost 450-million

exposed records (446,515,334) in 2018

Card Not Present (CNP) uptick – 20% in 2014 to 31% 2018 (% of consumer affected)

Percentage of total data breachesHacking 39%Unauthorized access 30%Employee negligence/error/improper disposal/lost 12%Accidental exposure 9%Physical theft 4%Insider theft 3%Data on the move 2%


DATA BREACHESDATA SOURCE: IDENTITY THEFT RESOURCE CENTER, 2018 END-OF-YEAR DATA BREACH REPORT. - BY INDUSTRY

Industry Breaches Number of Records Exposed

2017 2018 2017 2018

Banking/credit/financial 134 135 3,230,308 1,709,013

Business 907 571 181,630,520 415,233,143

Education 128 76 1,418,455 1,408,670

Government/military 79 99 6,030,619 18,236,710

Medical/healthcare 1,632 363 5,302,846 9,927,798

https://www.idtheftcenter.org/wp-content/uploads/2019/02/ITRC_2018-End-of-Year-Aftermath_FINAL_V2_combinedWEB.pdf


Credit Card Integration(A + Prior to v8.04)

(FACTS Prior to v9.3.1)


CREDIT CARD INTEGRATIONA+ prior to v8.04 & FACTS prior to v9.3.1

Not PCI Compliant Credit Card information stored NOT PCI

compliant No secure area to store credit card

information for repeating customers Information keyed was stored in ERP

No secure way to determine preauthorization

No secure way to assign credit card or token needed for transaction prior to shipping

EMV chip reader is not integrated


A+ Credit Card Integration(v8.04+)


A+ CREDIT CARD INTEGRATIONVERSION 8.04

CenPOS APIs

Multi-merchant capabilities

Tokenization – never expose the card number

Level III transmission data

Provides more detailed transaction info

Potential lower fee rate

Preauthorization (Book and Ship)


FACTS Credit Card Integration(v9.3.1)


FACTS CREDIT CARD INTEGRATIONVERSION 9.3.1

CenPOS APIs



EMV Terminals

Level III transmission data Provides more detailed transaction info Potential lower fee rate


Turbo Token (assigning the token at order)


SX.e Credit Card Integration(v11)


SX.E CREDIT CARD INTEGRATIONVERSION V11

CenPOS APIs



Level III transmission data Provides more detailed transaction

info Potential lower fee rate



Positive Impact of Accepting Credit Cards


ACCEPTING CREDIT CARDSPOSITIVE IMPACT ON YOUR BUSINESS

Customer Service Customer’s Preferred Method of Payment Ease of completing a transaction with a Token on File. Competitive leveling of the playing field

Partial elimination of providing internal credit checks and limits.

Reduction in Accounts Receivable Collection efforts.

Build Banking relationship and Line of Credit Opportunities

Improve Cash Flow

National Presence – Small Business Saturday


Payment Card Industry Compliancy


PAYMENT CARD INDUSTRY COMPLIANCY WHAT YOU NEED TO KNOW TO BE COMPLIANT

Payment Card Industry Data Security Standards (PCI DSS)

• Building and maintenance of a secure network and system

• Cardholder data protection• Ongoing vulnerability management• Access control• Ongoing monitoring and testing of utilized networks• Policy documentation

Point-To-Point Encryption

Understand Your Merchant Agreement

Yearly Third-Party Audits

Fraud Insurance Coverage


Concluding Thoughts


CONCLUDING THOUGHTSFROM THE INFOR EXPERT Personally Preventing Identify Theft

Establish Credit Fraud Alerts which require additional verification steps

Apply Credit Freezes which prevents anyone from accessing credit reports

Businesses Data Breach Prevention

Upgrade Operating Systems and infrastructure to the most recently released version

Subscribe and or administrate a managed services program which includes routine application of security patches

Implement Credit Card processing equipment and application software that adheres to the Payment Card Industry (PCI) compliancy standards

Work with the Banking and Insurance Industries to monitor and test PCI compliancy on a scheduled basis


Current Infor ERP Release

Mobile Sales

Processing Warehouse Mgt

RF/Barcode

DocumentMgt

iReporting

iAnalytics

Avalara Sales Tax

EDI

CenPOS Credit Card

Responsive eCommerce

/Content Manager

CRM

Shipping Logistics

Extended Ecosystem• Gain functionality that upgrading

to the current release can’t provide

• Current release as the hub

• Industry Best of Breed Integration• Adherence to tax law changes

• Credit Card Compliance

• Growth objectives

• Vendor/Customer requirements

• Availability of historical data

• Cost savings


CenPOS Solution OverviewInfor Distribution ERPs

CenPos Enterprise:• Secure cloud-based solution

• Designed specifically for the distribution industry

• Unparalleled control over orders & payments

• Helps distributors operate more profitably than ever before

• Manage everything from order entry to inventory management

• Fully integrates into Infor Distribution ERPs delivering end-to-end payment capabilities

• Builds custom solution that maintains your current banking relationship


Questions?


Gary KirsteinPractice Manager, FACTSPhone | 412.515.0496

Email | [email protected]

Want to Learn More?

mailto:[email protected]


Thank You!

(172) modernize your business and keep …...your choice is our priority booth #34/35 (172)...

Documents