PALM SPRINGS, Calif.–(BUSINESS WIRE)–Vyze, a leader in cloud-based financial technology solutions for retailers and manufacturers, today debuted the new Vyze Platform Impact Calculator. The interactive tool provides retailers with a high-level estimate of the value that launching or expanding a financing program with Vyze can have on their business. The results not only take into account the revenue upside of adding lenders and products, but also the impact of optimizing and improving the customer experience.
“Retailers understand that financing can deliver both sales and happy customers, but many struggle to predict the impact that expanded credit options can have on their bottom line,” said Doug Filak, CMO of Vyze. “The Vyze Platform Impact Calculator helps retailers quantify the value they can expect to get from improving their financing offering by leveraging the Vyze multi-lender platform. Whether a business wants to add a financing program for the first time or expand an existing program, the Vyze Platform Impact Calculator determines the specific return they can expect to see from working with Vyze.”
The Vyze Platform Impact Calculator determines the revenue increase they can expect to see from their efforts by taking retailers through a short, 5-minute questionnaire before determining revenue potential. Within the calculator, there are two alternate pathways depending on whether or not the retailer currently offers financing options for their shoppers.
Results account for the retailer’s industry, retail sales, average ticket size and more, and are based on validated models using more than 5 years of data and analysis from retailers of all sizes. Vyze is currently live in more than 2,000 stores throughout the U.S., as well as within leading eCommerce sites and call centers.
The Vyze Platform Impact Calculator is available for the first time to eTail West attendees at Vyze booth 717 and accessible to all at http://growth.vyze.com/calculator. For more information, visit vyze.com.
Vyze is a leading cloud-based financial technology company for businesses. By combining technology, a comprehensive lending supply, and support under one roof, Vyze is able to deliver businesses more satisfying financing experiences for their customers, wherever and whenever they shop.
Renee Newby, 757-651-6554