SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Jul 27, 2023--
Transact Campus, “Transact,” the award-winning leader in innovative mobile credential and payment solutions, today announced the launch of its latest innovative product, Transact Insights, a turnkey solution designed to revolutionize the way campuses handle data. Leveraging the robust Transact One platform's integrated data lake, Transact Insights provides a powerful solution to a traditionally manual processes, allowing campus administrators to swiftly view, analyze, and export real-time data.
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Transact Campus Announces Transact Insights (Photo: Business Wire)
This new solution will address numerous issues facing campuses when handling data. According to a Campus Technology study, only 29% of institutions currently have secure or user-friendly tools for data collection, and only a third have users who can quickly and easily access the necessary data for informed decision-making.
"This innovation reflects our continuous commitment to providing administrators with the tools they need to make data-driven decisions," stated Ian Ashworth, Director of Product Management for API Platform and Data Analytics at Transact. "We are bringing together multiple systems into a unified platform, cutting down the time and resources used on data management, and offering valuable, actionable insights."
Transact Insights' turnkey solution promises a powerful, user-friendly data processing and analysis tool that offers administrators the ability to visualize and summarize years of data in an instant, with comprehensive filtering for easy slicing and dicing of the data. The solution also seamlessly integrates with the campus operations software and services, negating the need for complicated data integrations.
The role-based access control (RBAC) feature allows different users to see reports and visual dashboards across their assigned solutions. Furthermore, the single sign-on (SSO) system provides an easy access route for administrators, ensuring that everyone is working from the same source of truth and always has access to up-to-date reports.
"Transact Insights allows our organization to see payment trends on demand,” said Becky Kellow, Assistant Director of Treasury Services at Western Washington University. "We can see the peaks and valleys, how we are receiving payments and what kind of payments we’re receiving. All of it without having to pull numerous reports and compiling the data manually. This helps us to determine what we’re doing right and where we need to improve. Seeing this data can help in guiding when we can invest any surplus cash as well.”
Transact Insights opens opportunities for campuses to better understand and optimize their operations, all while ensuring industry-leading security and governance. Future enhancements to the Transact Insights offering will include a holistic view with Campus ID and Commerce.
About Transact
Transact is the leader in innovative payment and mobile credential solutions for a connected campus. Its highly configurable, mobile-centric campus technology ecosystem simplifies the student experience across the full spectrum of student life. Transact’s offerings include integrated solutions for tuition and other student expense payments, multi-purpose campus IDs, and campus commerce. With a long-standing reputation in the education community, Transact proudly serves over 12 million students across more than 1,850 client institutions. Its fintech solutions facilitate $49 billion in payments annually and have enabled more than 227 million contactless mobile wallet transactions and $340 million in mobile orders since inception. For more information, visit www.transactcampus.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20230727987862/en/
CONTACT: Sandra Correa
Impact Partners for Transact
scorrea@impactpartners.llc
+1 917.319.8472
KEYWORD: ARIZONA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: TECHNOLOGY PAYMENTS FINTECH PROFESSIONAL SERVICES SOFTWARE INTERNET OTHER EDUCATION DATA MANAGEMENT EDUCATION OTHER PROFESSIONAL SERVICES
SOURCE: Transact Campus
Copyright Business Wire 2023.
PUB: 07/27/2023 10:00 AM/DISC: 07/27/2023 09:58 AM
http://www.businesswire.com/news/home/20230727987862/en
