Solutions >> Financial Controls

Solutions:

Financial oversight for advanced functionality

We manage your Gift Card business for you with solutions that reduce financial risk and internal workload — all while enhancing cost efficiencies and increasing revenue opportunities.

Financial Controls

Gift card programs require precise financial oversight.  HQ transforms the reconciliation process by delivering advanced functionality to automate gift card accounting.

Reconciliation
Our patent-pending reconciliation software delivers independent checks-and-balances:

  • Cash and credit payments match to card loads and are properly deposited.
  • Applicable purchase fees are applied, credited and received at the bank.
  • Gift cards are correctly loaded and settled against sales tallies, often from numerous bank accounts.

Integrated Payments
Combining payment processing with the gift card purchase eliminates the risk that a payment will be forgotten or mischarged. Card activation is not complete without proper payments authorization.

Reporting
Our web-based, state-of-the-art reporting system delivers robust functionality and powerful accounting, sales and inventory management data for multiple products.

Our services interface with most popular multiple-merchant card offerings in today's marketplace and are offered in licensed and full-service models. In the latter, HQ staff accountants handle reconciliation functions and post updates to the reporting system daily. HQ’s financial controls services are perfect for companies of all sizes seeking ways to streamline and standardize gift card reconciliation.