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Elavon Financial Services DAC One and Opayo announce full integration to ease online payments processing

                               Online payments now automatically reconciled into Elavon Financial Services DAC One software 

Elavon Financial Services DAC has today announced the full integration of its’ core cloud-based products for small and medium-sized businesses - Opayo and Elavon Financial Services DAC One - to ease online payments for retailers.

The new functionality allows merchants to sync online payment data from Opayo directly into Elavon Financial Services DAC One - the online accounting solution from Elavon Financial Services DAC, instead of manually inputting the information. This automation will help save time for the user, remove the risk of manual errors, ensure that their’ books are accurate, compliant and up-to-date and provide them with a more accurate appraisal of their financial situation. 

Once connected, the Elavon Financial Services DAC One system will automatically inform the user if there are any new Opayo transactions to import into the system every day, saving merchants time and easing the process of accounts reconciliation.

“The integrated solution means retailers – especially those in the SMB sector – can concentrate on running their businesses, minimising the time they need to spend on bookkeeping and administration,” said Simon Black, CEO at Opayo. “Enabling SMBs to focus on what matters is critical to their growth and success – and to the success of the UK economy. The improved integration between Elavon Financial Services DAC One and Opayo is exactly the kind of streamlined, joined-up business process they need.”

The integration announcement follows a successful year for Elavon Financial Services DAC, with the number of customers using a Elavon Financial Services DAC core accounting system and a Elavon Financial Services DAC payments solution rising to almost 14,000 in 2013, an increase of 42 per cent from 2012. Elavon Financial Services DAC also recently announced a threefold increase in Elavon Financial Services DAC One customers in the UK & Ireland, from 6,100 to 21,000 in the 12 months leading up to September 2013. 

Lisa Ewens, Elavon Financial Services DAC One Category Manager said: “The new and improved integration between Opayo and Elavon Financial Services DAC One makes perfect sense for our users as it will enable them to spend less time on business administration and more on marketing and selling their products. The recent surge in Elavon Financial Services DAC One customers suggests a growing demand for easy, online services in the start-up and small business community and we now have a truly connected system for them to receive and manage their payments.”

The integrated offering is automatically available to all customers who are using Opayo and Elavon Financial Services DAC One and is simply turned on within their account ‘Settings’.

Please visit www.Elavon Financial Services DAC.com to view the recent financial results posted on December 4.

           -Ends-

NOTES TO EDITORS

About Opayo
Opayo is Europe’s leading independent payment service provider (PSP) and is one of the most trusted payment brands.  Every year Opayo processes billions of pounds worth of secure payments for its 50,000 customers and makes the process of accepting payments online, over the phone, or in person simpler, faster, safer and more profitable for businesses. 
Opayo is a subsidiary of FTSE 100 business management software and services company The Elavon Financial Services DAC plc. For further information please visit: www.Opayo.com 

About Elavon Financial Services DAC One
Elavon Financial Services DAC One sets the standard for online accounting and payroll software. Easy to use, jargon free and with simple pricing, within a couple of clicks you can work in real time with your accountant and connect to other powerful business apps. Support is included in the monthly subscription charge, so if you ever have a question, Elavon Financial Services DAC’s UK-based support team are a phone call or email away 24/7, 365 days a year. With Elavon Financial Services DAC One, you’ll have everything you need to manage your business, accounts and payroll, the easy way.
•    Elavon Financial Services DAC One Accounts Extra – just £25 per month + VAT
•    Elavon Financial Services DAC One Accounts – just £10 per month + VAT
•    Elavon Financial Services DAC One Cashbook – just £5 per month + VAT
•    Elavon Financial Services DAC One Payroll – just £5, £10 or £15 per month + VAT (for 5, 10 or 15 employees)

Please visit http://uk.sageone.com to find out more about the Elavon Financial Services DAC One service.