Ecount News & Press Releases
Ecount Announces Direct Selling and Network Marketing Benchmark
More than 20 leading companies rely on Ecount's Direct Pay™ Solution
Conshohocken, PA, September 28, 2005 - Ecount (www.ecount.com), the stored value experts, today announced that they have achieved a critical benchmark in the Direct Selling and Network Marketing industry with more than 20 leading companies using the Ecount Direct Pay Solution.
The Ecount Direct Pay Solution allows companies to eliminate all paper-based payments to their representative network. With the Direct Pay Solution, organizations are able to deliver 100% of payments electronically via the Ecount stored value platform, completely eliminating the cost and hassle associated with paper-based delivery. Representatives can access funds via the Ecount Prepaid VisaĻ card.
The Ecount Direct Pay Solution provides companies with a custom distributor website, a fully-branded solution, 30-day guaranteed implementation, full reporting and dedicated program support. The Direct Pay Solution works with any accounting software and provides complete 1099 reporting.
"We have experienced great success in the Direct Selling and Network Marketing industry because our Direct Pay Solution solves some of the most significant problems an organization of this type deals with," stated Matt Gillin, CEO of Ecount. "Naturally, independent sales representatives are spread across the country with no centralized hub. This makes pay day tricky and expensive, with everyone receiving a unique payment, shipped individually. This often results in delayed and lost payments. Direct Pay puts a branded card in the hand of the sales representative, ensuring that they get paid on-time every time. And the organization benefits by completely eliminating all the processes and costs associated with checks."
Ecount Direct Pay clients include Celebrations by Lillian Vernon, Isagenix, Conklin and Royal Prestige.
The Direct Pay Solution also offers a vital online business and accounting tool for independent sales representative. The online website allows representatives to check and monitor transactions, maintaining an organized view of current and historical sales and commissions, and allows them to easily purchase products from the company that they represent. In fact, a recently conducted survey found that more than 90% of sales representatives prefer the Ecount Direct Pay solution to a traditional paper reimbursement because it is a faster, more efficient way to get paid and it's significantly easier to manage finances.
"We have been able to avoid tremendous headaches and costs associated with check delivery by using Ecount's Direct Pay Solution," stated Scott Smith, Vice President of Operations for Celebrations by Lillian Vernon. "Our independent consultants love the ability to have an online business management tool combined with the security and convenience of the card. We benefit from the ability to pay our representatives more immediately on our branded card and it reinforces the sales behavior that we encourage."
For more information on the Direct Pay Solution please contact sales@ecount.com or 877-ECOUNT-1.
About Ecount:
Ecount provides customized stored value programs for corporations, agencies and individuals looking for a simple and convenient way to deliver or receive electronic payments. With products ranging from incentives to compensation to specialized rewards, Ecount offers comprehensive programs to corporations looking to influence and motivate consumers, employees and customers. Ecount's proprietary technology enables complete communication and brand extension coupled with a secure payment vehicle. More than 850 leading corporations, including more than one third of the Fortune 100, rely on Ecount's prepaid solutions to gain a strategic advantage in their market. For more information, please visit www.ecount.com.
Note to press:
Extensive resources are available for this story, including executive and client interviews, images and industry statistics. Media inquiries please contact Theresa Wabler at 610.941.4600x169 or twabler@ecount.com.