Ackroo Inc V.AKR

Alternate Symbol(s): AKRFF

Technology Software - Application

Ackroo Inc. acquires, integrates and manages gift card, loyalty marketing, payment and point-of-sale solutions used by merchants of all sizes. It develops and sells an online loyalty and rewards platform. Its self-serve, data driven, cloud-based marketing platform helps merchants in-store and online process and manage loyalty, gift card and promotional transactions at the point of sale. Its hybrid management and point-of-sale solutions help manage and optimize the general operations for niche industries: automotive dealers and more. It is focused on helping to consolidate, simplify and improve the merchant marketing, payments and point-of-sale ecosystem for their clients. Its GiftFly is a self-serve eGift Card platform. Its Simpliconnect business offers software as a service, focused on driving client engagement. Its payment ISO affords the ability to resell payment processing solutions to their growing merchant base through some of the payment technology and service providers.

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Ackroo Inc

Bullboard Posts

Post by Markzandon Mar 20, 2018 1:10pm

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Post# 27747483

Ackroo now working at 350 auto dealer locations

2018-03-20 09:25 ET - News Release

Mr. Steve Levely reports

ACKROO ADDS 350TH AUTOMOTIVE LOCATION

Ackroo Inc. has added another automotive dealer group, putting the total amount of automotive locations it supports at more than 350. The company has also further advanced its offering by adding more automotive-specific reporting, more tools and templates to better support its e-mail marketing efforts, and continues to expand integrations into various DMS solutions. With over 21,000 automotive dealers across North America, the company is eager to continue to develop this aspect of its offering to better penetrate this important business segment.

"Automotive continues to be a very important, growing segment for Ackroo," said Steve Levely, chief executive officer at Ackroo. "Our platform provides important financial and marketing information and tools to help automotive businesses reduce discounting, increase margins and revenues while boosting customer retention. All challenges that automotive businesses of all sizes face. With most automotive dealerships choosing to set up multiple departments (sales, service, F&I, parts and others), which for Ackroo also acts as multiple billing locations, and since the bulk of these customers use the full breadth of our product and service offering it is clear that both from a revenue and product-fit perspective we need to continue to further invest and focus on this large retail business segment."

About Ackroo Inc.

Ackroo provides gift card and loyalty processing solutions to help retail and hospitality merchants of all sizes attract, retain and grow their customers and their revenues. Through a software-as-a-service-based business model Ackroo provides an in-store and on-line automated solution to help merchants process gift card and loyalty transactions at the point of sale, provide key administrative and marketing data, and to allow customers to access and manage their gift card and loyalty accounts. Ackroo also provides important marketing services to assist merchants with utilizing Ackroo's technology solution.

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