Monarch Technologies Inc
Estados Unidos
19 funcionários
Fundado em 2019
Descrição da empresa
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Monarch Technologies, Inc. is a fully licensed Money Transmittal Service Provider. Currently, we are operating as a Fintech services provider for the legitimate Hemp industry, serving businesses, governmental compliance entities, and consumers. We’ve developed a proprietary business banking compliance platform called Monarch. Monarch was built after years of industry research from client frustration and misunderstanding of how to handle compliance, taxation, and payments in the Hemp/CBD industry. After analyzing and diagnosing the banking industry and practices, we identified the need to solve these issues with a compliance-driven SaaS platform. Software Features Point of Sale Tax Management & Reporting Web & Mobile eCommerce Solution Mobile Apps (iOS & Android) Customer Self-Checkout Delivery with Curbside Pickup Subscription Billing Escrow Services State Financial Compliance Payment Processing ACH Staff Management Agent & Sub-Agent Management CRM Customer Management Inventory Management Accounting & Invoicing Cash Vault & Pickup Services Point of Sale More than an Electronic Cash Register. Manages in Real-time: Sales Goals Commissions Appointments Employee Time-clock and Scheduling Product Recommendations Business Intelligence Notifications and Dashboard Owner Mobile App so You are Virtually On-site at all Times Overview and Detail Reporting Built-in Gift Card Management Loyalty Club eWallet Account State Financial Compliance Sooner or later, every merchant and consumer will have to face the future in regards to sales tax collection for the Cannabis industry. Under current Supreme Court rules, merchants cannot be penalized or forced to collect sales taxes on goods sold in a state where they don’t have a physical presence. The good news is Monarch has a solution before that happens. In anticipation of the day the law’s rewritten, Monarch has developed the technology to separate the collection of sales tax from the online purchase, letting you off the hook. Tax Management & Reporting Simplifies the collection of sales tax, automating the entire process separating the product price from sales tax at the moment of sale sending the government its share and crediting the merchant’s account. We make sure you have what you need to stay in compliance and complete audit and traceability. Payment Processing ACH In banking, ACH stands for Automated Clearing House, which is a network that coordinates electronic payments and automated money transfers. ACH is a way to move money between banks without using paper checks, wire transfers, credit card networks, or cash. Through our network of financial institutions, we’ve designed a fully legal and compliant ACH processing environment to service CBD, HEMP and THC customers. Web & Mobile eCommerce It’s no secret that mobile consumption has taken over our lives. Everyone has these devices glued to their hands nearly 24/7. Within the next two years, mobile commerce will control 73% of all eCommerce sales across the globe. Enhanced with customer video remote shopping and purchase. Mobile Apps Customized Mobile apps designed specifically to the needs of your customers and staff. Ability to send real-time text and push notifications to keep everyone connected. Customer Self Checkout Use Self-Checkout and let your customers skip the line by allowing them to shop and pay from their Android or iOS device. Customers scan product barcodes, adding goods to their carts, pay digitally in application, and skip the line. Delivery with Curbside Pickup Curbside pickup solution, underscored by secure consumer-to-business location sharing, that optimizes the in-store pickup process. It provides clear visibility about customers’ ETAs and proximity, so you can prioritize order fulfillment, maximize limited space and ensure customers always receive their order onetime and accurate. Subscription Billing Build a catalog of all items offered, including key item details like price, description, taxability, and any additional item details contained in custom fields. The module manages all subscription services and can be set with specific durations and ability to sky. Escrow Services Monarch Escrow is our temporary holding solution for the exchange of money between 2 or more entities. For example, a Dispensary and a Grower would use our Escrow service to securely hold funds until certain event occur at which point, Monarch would release funds. This builds trust and transparency between our customers. Staff Management Single point of contact for your workforce. Bring communications and tools together to increase productivity, agility, and safety. Scheduling, training and placement and tracking.
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