Sky Systemz provides a digital payment platform tailored for the heavy building materials industry, featuring a cloud-based point of sale system and the SkyLink terminal for accepting card and ACH payments with same-day deposits. The platform enhances revenue by reducing chargebacks and fraud while streamlining transaction management, enabling businesses to optimize their financial operations effectively.
Funding
$9.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Businesses in the heavy building materials industry face challenges with payment processing, including high chargeback rates, internal and external fraud, and inefficient transaction management. Traditional payment systems often lack the specific features required to handle the complexities of this sector, leading to revenue loss and operational inefficiencies.
Solution
Sky Systemz provides a comprehensive, cloud-based payment and business management platform tailored for the heavy building materials industry. The platform includes a point-of-sale (POS) system, the SkyLink handheld terminal for accepting card and ACH payments with same-day deposits, and chargeback protection software. By streamlining transaction management, automating invoicing, and offering tools to mitigate fraud, Sky Systemz helps businesses optimize revenue, reduce costs, and improve overall operational efficiency. The system also offers features like online customer portals, multi-location management, and real-time data analytics, providing businesses with greater control and insights into their financial operations.
Target Audience
The primary target audience includes businesses in the heavy building materials industry, such as construction companies, equipment rental services, and metal retailers/fabricators.
Features
- Cloud-based POS system accessible on mobile phones, tablets, and computers
- SkyLink handheld terminal for card and ACH payments with same-day deposits
- Chargeback protection software to combat fraudulent chargebacks
- Online store creation for selling products and subscriptions
- Digital invoicing with text payment options for faster payments
- Real-time data analytics and customizable reporting dashboards
- Multi-location management capabilities
- Integration with business checking and payroll services
- Customer portal for online payments and account management