“Boost has helped to reduce our interchange costs. Intercept's virtual card payment process has reduced fees by about $350,000 to $400,000. It generates a custom file to import into our system, making posting easy. We didn't realize the full benefit until a year into our deployment. They didn't have a report built for us yet, so we weren't posting in real time. We added customers to it, so we got some immediate financial benefits, but the reporting didn't come until later.

We've saved significant time by reducing manual processing using Boost. It has saved our team about 10 to 15 hours monthly. It has also saved our card processing costs by around $350,000 to $400,000 and ten hours of time a month. It saves us around a quarter of an FTE.”

“The value we get from Boost is that we don't need to run credit cards on our network. They consolidate the cash and give it to us. The overall automated payment framework is fine, we haven't any issues with it. It was able to reduce some fees for us. That had a major impact. They had a customized file that we could import into our system to make posting easy.”