Profituity Pricing, Features, Reviews & Comparison of Alternatives

Profituity

Web-based payment processing solution

4.83/5 (6 reviews)

Profituity overview

Profituity is a web-based payment processing solution which enables subscription-based businesses to offer ACH as a payment option to their customers. With tools for automating recurring ACH payments, processing e-checks, representment, and verification, Profituity aims to simplify payment processing for businesses and automate daily processes.

In order to facilitate easy web-based payment processing, Profituity provides batch upload of debits and credits and data synchronization with existing accounting or billing software. Once data is uploaded, ACH payments are processed in just a few minutes, and recurring payments can be automated. With Profituity users can convert paper checks into e-checks, which are then automatically processed through the ACH network, for added security and traceability. Users can track the status of payments and reimbursements, and notifications can be set up to alert users when payments are complete or bounce.

In the event that ACH payments or e-checks bounce due to insufficient funds in the client account, Profituity automatically resubmits the request up to an additional 2 times using the SmartDates technology to identify the optimal time for a re-attempt.
profituity.com

Pricing

Pricing options
Value for money
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Devices

Business size

S
M
L

Markets

United States

Supported languages

English
Profituity screenshot: Transaction reports provide users with insight into their total debit and credit amounts within a certain time periodACH Batch Upload VideoProfituity screenshot: Batch upload credit and debit payments from current accounting or billing software to facilitate automated and recurring paymentsProfituity screenshot: Keep track of returned payments due to insufficient funds with the representment features which give users an overview of active, uncollected, collection, ceased, or exception items Profituity screenshot: Convert physical checks into e-checks for added security and ensure that all processed deposits are recorded within the system for reporting purposes

Profituity reviews

Excellent
5

Very good
1

Average
0
Poor
0
Terrible
0
Value for money
Features
Ease of use
Customer support
  4.7
  4.8
  5.0
  5.0
Mark Jalali

I am the owner of a rent-to-own furniture store in Fort Myers Florida.

Used daily for 2+ years
Reviewed 2017-12-19
Review Source: Capterra

This software alone has helped our business grow and we now can easily and readily monitor and track our revenues and growth.

Pros
The thing I enjoy the most is the speed and ease of use to get to what is important to augment our customer billing system. It's very streamlined and loaded with functional features. Very Impressive!

Cons
The cost per ACH transaction is high and could possibly be reduced on a volume scale to accommodate more transactions at a reduced cost.

Response from Profituity


Mark,

Thank you for the high praise, we love hearing from satisfied customers!

We equally appreciate constructive feedback. While I certainly understand your desire to lower costs as much as possible, I feel compelled to point out that our pricing is actually quite competitive.

This is especially true if compared to accepting credit cards that can include a "discount" fee of 2% - 3% on top of a transaction fee.

In fact, we do offer pricing that accommodates our higher volume users, so as your business grows, be sure to keep that in mind.

Regards,

John Kachaylo
Executive Vice President

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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David Weaver

Profituity has always been very nice to work with.

Used daily for 1-2 years
Reviewed 2017-12-20
Review Source: Capterra

Pros
I like how easy the website is to use, and how helpful the staff has been at answering any and all questions.

Cons
The turn around time. It's unhandy to have to wait a week for debits to clear and for the deposits to be applied to our bank.

Response from Profituity


David,

On behalf of everyone at Profituity, I want to thank you for your kind comments. Our mission is to make it painless for our customers to get paid what they've earned, so I'm glad to hear you find the solution easy to use and well supported.

You are correct that it can take up to 5 business days for a traditional ACH payment to appear in your bank account, but faster payment times are becoming available.

In the meantime, I took a look at your settings, and I made an adjustment that will shorten your payment cycle.

Regards,

John Kachaylo
Executive Vice President

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 7/10

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Michael Suchan

Recent integration with their software went very well. Quick response with support issues.

Used daily for less than 6 months
Reviewed 2017-12-11
Review Source: Capterra

Pros
As for the integration, it went very smoothly. API was clear on what fields needed included and how to connect and perform transactions. Liked that it had everything we needed to do our daily operations. Virtual Terminal is easy to understand with a clean look.

Cons
Only thing I'd like to see updated in the future would be easier way to process returns. Not a fan of the return files that includes all transactions and it being up to the integrator to determine which are returns. Would like to see a date passed in and only returns for that date returned in an XML or some other easy to read format per record.

Response from Profituity


We would like to thank you for your thoughtful comments and constructive suggestions. We strive to consistently meet or exceed the expectations of our customers and are committed to continuous improvement. I have personally captured your suggestion and will commit to exploring how we can improve on this process in the future. Please feel free to reach out to me directly if you would like to discuss this in more detail or if you have any other suggestions that you would like to make.

Sincerely,
Trina Thompson
Product Manager

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Craig Metz

The ownership and staff of Profituity are top notch people. Highly Recommend!

Used daily for 2+ years
Reviewed 2017-12-11
Review Source: Capterra

Pros
Our users benefit greatly from Profituity's intuitive and well structured platform. The support staff are extremely responsive, and actually care about your issues.

Rating breakdown

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Ease of use
Features
Customer support

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Mylin Eberly

Great service and easy to use.

Used weekly for 2+ years
Reviewed 2017-12-19
Review Source: Capterra

Pros
It works with our rental software very well. We can enter payments in our software and it automatically does the rest.

Rating breakdown

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Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Profituity pricing

Pricing options
Subscription
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Contact Profituity for pricing information.

Profituity features

API
Data Import/Export
Drag & Drop Interface
Electronic Payments
Third Party Integration

Access Control (68 other apps)
Activity Dashboard (96 other apps)
Automatic Notifications (82 other apps)
Content Management (104 other apps)
Custom Forms (75 other apps)
Customizable Branding (124 other apps)
Customizable Templates (123 other apps)
Product Catalog (78 other apps)
Reporting & Statistics (89 other apps)
Search Functionality (93 other apps)
Social Media Integration (67 other apps)
Template Management (66 other apps)
Website Management (66 other apps)
eCommerce Integration (68 other apps)
eCommerce Management (80 other apps)

Additional information for Profituity

Key features of Profituity

  • ACH check transactions
  • Check approval processing
  • Credit card processing
  • Electronic payments
  • POS integration
  • Real time data
  • Real time reporting
  • Recurring tasks
  • Risk assessment
  • Third party integration
  • Transaction monitoring
  • Billing & invoicing
  • Budgeting & forecasting
  • Data import/export
  • Drag & drop interface
  • PCI DSS compliance
  • API
  • Automated billing
  • Check processing
  • Data verification
  • ACH payment processing
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Benefits

Automate and process ACH payments using the Profituity interface which aims to make it quick and easy for users to electronically process payments by importing invoices from their current billing or accounting software.

Verify customers before approving any transactions with Profituity’s verification tool which scans a customers account information and compares it to accounts within the database to identify any issues or red flags with historical transactions.

Resubmit bounced ACH payments or e-checks using the SmartDates technology which identifies the optimal time for a re-attempt and automatically resubmits the requests up to 2 more times.

Gain insight into transactions and payment processing using the MyView reporting functionality with which users can create custom reports using the drag and drop interface.

Convert physical checks into e-checks using Profituity, either at the point of purchase or when checks are received via mail, for added security and to ensure full traceability.