In today's data-driven world, reports have become indispensable tools for businesses. This article highlights the importance and benefits of working with the DA tool and how it can help drive business success.
With collana pay, various payment service providers can be connected with little effort. A major advantage of the data analytics tool is that it provides a comprehensive overview of the performance of individual PSPs and identifies which PSP contributes to revenue. By using the data analytics tool, numerous aspects can be taken into account and informed decisions can be made. If a particular PSP is not contributing to revenue, a possible switch option can be considered. Thanks to the easy integration with collana pay, quick actions can be taken.
Monitoring the numbers and knowing the transaction data allows a company to identify and proactively respond to risks. For example, if transaction aborts increase, a company can act quickly and take appropriate measures to limit the damage. Regular monitoring of transaction data enables companies to continuously improve their payment strategies and maximize the success of their payment process.