Going to Sapphire 2016? Drop by booth 1146 and chat with CardConnect.
CardConnect is known for creating the best in ERP security technology for the payments industry. Our flexible SAP-certified integrations offer a secure avenue for accepting payments, while simultaneously cutting costs and reducing PCI-scope.
Our payment experts are available during Sapphire to discuss how to make payments within SAP simple, secure and 100% PCI compliant.
by Chelsea Palo
Chelsea is CardConnect's Partner Marketing Manager and a big fan of yurts.
This week, it was announced that I’ve joined the CardConnect team as Director of Enterprise Sales with a focus on our SAP business. Let me start by saying, this was a highly-anticipated move for me. Previously, I had spent almost ten years as an RVP of sales at Paymetric, similar on the surface to CardConnect, but something drew me to this Philadelphia-based processing company that I’d like to share.
I’ve been in the credit card payment industry for many years and in the enterprise software space for over twenty-five years. When I started paying attention to CardConnect, it became clear to me that they offer something that their competitors do not: a powerful combination of payment security, ERP integration and merchant services.
The fact that we (CardConnect) can not only integrate seamlessly to SAP and other ERPs, but can effectively optimize interchange rates, truly differentiates us from the competition. This rate optimization saves many customers $10,000s or even $100,000s per month.
I was made even more comfortable since CardConnect is a fully transparent, publicly-traded company (NASDAQ:CCN). I had the peace of mind in knowing that CardConnect is a very financially healthy company. That same peace of mind that our over 67,000 current customers have and that I can offer my prospects.
My new role with CardConnect will require me to identify and build relationships with SAP enterprise companies. I can truly say it’s exciting to have the ability to offer prospective clients a complete set of services and solutions that can help their businesses grow.
Mar 17 2017
Get the Most Out of Financials 2017, SAPInsider’s Popular SAP Conference
If you use SAP to streamline your financial and accounting processes, it is likely that you’ll be heading out to Financials2017 on March 21-24 in Las Vegas, Nevada. Before you pack your bag and fire up your out of office notification, check out our tip list on the top five ways you can make the most out of your conference experience.
Tip 1: Branch out across learning tracks
This year, Financials2017 will offer attendees over 150 in-depth educational sessions centered on eight learning tracks which include: financial accounting, managerial accounting, SAP S/4HANA Finance, SAP solutions for financial and business planning, consolidations and reducing time-to-close, tax management and regulatory, and compliance issues affecting finance.
While it may be tempting to stick to one track, consider branching out so you can collect wider breath of knowledge. Also, if you plan to attend Financials2017 with your colleagues, decide as a group who covers what prior to the conference, then create a final schedule that you can execute together.
Tip 2: Earn CPE credits
Financials 2017 will be offering up over 29.5 CPE credits throughout the conference. Add a few of these specially marked sessions to your, so you can get more bang out of your sessions.
Tip 3: Attend the customer case studies session
Customer case studies are an excellent opportunity to converse with customers who’ve tackled many of the same challenges your team is facing. Make sure to add a few of these sessions to your calendar and come prepared to the session with questions. Not only will you walk away with a candid response, you’ll likely to also walk away with first-hand tips that would be hard to come by through online research.
Tip 4: Embrace the networking opportunities
Tradeshows and conferences aren’t just about learning, remember to network with your peers at the conference-sponsored welcome reception on Monday, March 21st and cocktail hour on Tuesday, March 22nd.
Tip 5: Map out the exhibitor hall
Familiarize yourself with the exhibitor hall floorplan, so you can highlight vendors you want to see. CardConnect will be in booth 423. If you’re interested in automating your reconciliation process, lowering interchange rates, and securely accepting payments without modifying SAP, come chat with us!
Mar 2 2017
New York is Taking Cybersecurity Seriously
PaymentsSource recently published an article, “New York web rules are a signal to step up data protection,” authored by the CEO of Plixer, Michael Patterson. As we dive deeper into payment security in the coming weeks, we thought this was a topic worth sharing and looking further into.
Here’s the deal: a new regulation has been implemented in the state of New York called 23 NYCRR 500. There’s never been a regulation like this before and it’s been put in place to protect financial institutions and better ensure the security of personally identifiable information (PII).
Who does this apply to? The regulation covers all New York individuals or organizations that operate under a license, registration, charter, certificate, permit, etc. under New York banking, insurance or financial services laws. There are some breaks for smaller organizations.
The major intention of this regulation is for companies to evaluate their current security plans and identify areas of risk within their systems, so as to prevent and effectively handle anticipated cybercrime. The state of New York will keep track of everyone’s participation by making sure every organization files an annual certification confirming their compliance.
In this case, compliance entails “maintaining a cybersecurity program designed to protect the confidentiality, integrity and availability of its information systems.” Each plan should be based around six core functions and these include:
1. Identification and assessment of internal and external cybersecurity risks
2. Establishment of defensive infrastructure and policies that protect IT systems from malicious acts
3. Detection of cybersecurity events (i.e. data breaches)
4. Response to cybersecurity events
5. Management of cybersecurity events and recovery of normal operations
6. Implementation and management of a written policy for monitoring systems and responding to incidents
Who will be in charge of all that? Each organization must appoint an individual in the company that is responsible for managing the program’s core components and its policies.
In the coming months, we’ll be curious to see how the regulation is accepted among New York organizations and if other states will soon follow their lead.