L'Occitane Enjoys Operational Efficiencies and Improved Cash Flow
Elavon, formerly known as NOVA Information Systems, has completed
the rollout of its Electronic Check Service (ECS) solution, utilizing
back-office conversion (BOC), at L'Occitane's 166 luxury bath and body
product boutiques across the United States. In addition, L'Occitane
has also agreed to implement Elavon's electronic gift card (EGC)
solution just in time for the holidays for both in-boutique and online
environments, offering customers the opportunity to purchase, redeem
and reload cards in either environment. L'Occitane also uses Elavon
for credit card processing, providing the retailer with one source for
all their payment processing, funding and customer service needs.
"Managing all of L'Occitane's payments activity across the U.S.
with a single provider maximizes our efficiencies across the board,"
said Wilfrid Poisnel, Chief Financial Officer at L'Occitane. "The
delivery of next-day funding for all types of payment transactions is
critical in today's environment, and the opportunity to create new
revenue-generating strategies through a fully supported gift card
program is a huge asset to us as the holidays approach."
"In today's marketplace, retailers are struggling to stay
competitive and run efficiently," said Stuart C. Harvey, Jr., CEO of
Elavon. "L'Occitane has always been ahead of the curve in that
respect, and we are pleased to continue offering tailored solutions
that positively impact their business model."
Elavon's ECS solution provides retailers with a swift ROI while
also offering a choice of check imaging methods, including point of
purchase (POP), back office conversion (BOC), and accounts receivable
conversion (ARC). In addition, Elavon's ECS offers real-time
processing that systematically leverages three processing methods
including direct Demand Deposit Account (DDA) access, Automated
Clearinghouse Processing (ACH), and Check Replacement Document
processing (CRD) using traditional banking networks.
More than 40,000 U.S. merchants of all sizes have implemented
Elavon's ECS solution, choosing the right mix of processing methods,
security and convenience to fit their business. Nationwide, 1,800
merchant locations have implemented its ECS with back-office
The Electronic Gift Card solution from Elavon integrates
seamlessly into any operating environment and can be tailored to
deliver online and in-store functionality. It also supports online
gift card registration by consumers. In addition, EGC from Elavon
maximizes gift card sales with a complete package of marketing
features to insure that gift cards become a revenue-generating
About Elavon: Elavon's Global Acquiring Solutions organization is
a part of U.S. Bancorp (NYSE: USB). Elavon provides end-to-end payment
processing services to more than one million merchants in the United
States, Europe, Canada and Puerto Rico. Solutions include credit and
debit card processing, electronic check services, gift cards, dynamic
currency conversion, multi-currency support, and cross-border
acquiring. Elavon's services are marketed through multiple alliance
partner channels including financial institutions, trade associations
and ISOs. Elavon has solutions to meet the needs of merchants in
specialized markets including small business, retail, hospitality/T&E,
health care, education and the public sector. Elavon represents the
former brands of NOVA Information Systems and its affiliates FHMS and
euroConex. For more information about Elavon visit www.elavon.com.
About L'Occitane: Since 1976 L'Occitane has drawn inspiration from
Mediterranean art de vivre and traditional Provencal techniques to
create natural beauty products devoted to well-being and the pleasure
of taking care of oneself. Nurtured by encounters and journeys, the
brand has grown and developed. While it continues to focus on
authentic products, it also chooses to work with committed producers
who set rigorous standards. There is a story behind all of our
products, most often related to the land of Provence: an ancient
technique (essential oils), an AOC controlled-origin label (lavender,
olive), a forgotten traditional cultivation (almond) or, as in Burkina
Faso, Africa, a sustainable development program (shea butter). For
more information about L'Occitane visit usa.loccitane.com.