Wednesday, April 15, 2009

EP Consulting's Irresistible Value Proposition Gains Momentum in Tough Economy

As businesses are focusing on reducing costs, one Southern California based company is gaining momentum with what in this economy is an irresistible value proposition. EP Consulting, Inc. provides contingency fee-based services aimed at reducing credit card processing expenses without the hassles associated with changing providers. More and more small and medium sized businesses are adopting the strategy of using specific industry experts to procure new terms and cost savings practices to achieve savings that would not be possible without inside industry expertise. The appeal to business owners is that they only pay when the desired results are achieved. If there are no savings, there are no fees, so the business owner has plenty to gain and nothing to lose.

EP Consulting helps their clients reduce or recover on a cost that most businesses owners unknowingly and consistently overpay. Adam Pflaumer, President of EP Consulting, Inc. spent 15 years in the credit card processing industry, "Unlike very large companies who have dedicated departments to manage this expense category, small and midsized companies don't have the staff to adequately manage this expense. At best, merchants will compare a few proposals, sign what looks like the best one and hope they are not leaving money on the table. Most merchant have no idea what types of margins are being applied to their account. They have little time and knowledge necessary to manage to their Interchange qualifications and understandably don't spend their waking hours following this industry and the emerging payment technologies that could deliver relevant savings and efficiencies to their business. EP Consulting fills that gap by lending our expertise to businesses and our compensation is in proportion to the quantifiable savings results we deliver."

Pflaumer started EP Consulting in May 2007, after stepping down as President of Connect Merchant Payment Services, Inc., a well respected, midsized player in the processing industry. "When EP Consulting first started, most businesses thought we were just another credit card processing company trying to get them to switch processors. Eventually people started understanding our business model and word has spread. Our reputation coupled with the trend for businesses to find smart ways to run even leaner has really fuelled our business growth," states Pflaumer.

Carole Griffin, Controller of Temecula Valley Pipe & Supply says "One of our fastest growing expenses is credit card processing. Although we regularly review our costs, I liked the idea of letting an expert in that industry give us an unbiased second opinion. It turns out that we were able to cut over $800 our first month and expect $1,200 to $1,500 in subsequent months. One of the best parts is that we never had to change service providers. I can say without a doubt that we would not have gotten any where near the same results trying to do this on our own, there is a lot more that goes into what they do than I had realized. This is something that any business that has an eye on controlling costs should use."

EP Consulting continues to gain small and midsized business clients across the country. The average per client savings ranges from $3,000 per year to over $120,000 per year. For more information on EP Consulting visit http://www.epconsulting.com.

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