Paperless Transaction Management

About Paperless Transaction Management

Paperless Transaction Corporation provides a suite of digital services tailored for the non-profit sector, encompassing fundraising software, digital marketing, and payment processing. Established in 1998 by President and CEO George Reich, the company initially developed software and firmware for electronic check processing in the retail market. With a degree in business and 30 years of experience in electronic payment systems, Reich guided the company's evolution. A key strategic shift occurred in 2004 when a company study revealed a significant gap in web-based solutions for faith-based ministries and church nonprofits. This insight prompted Paperless Transactions to pivot its business model to concentrate exclusively on serving these organizations.

The firm's business model is centered on providing an all-in-one platform that automates and optimizes donation processes for nonprofits and churches. It generates revenue through its software and payment processing services. The company offers customized solutions, recognizing that each organization has distinct needs. Services include secure payment processing for credit cards, ACH, and online transactions through a PCI-compliant gateway. The platform also features fundraising campaign software, donor data management automation, and tools for creating compelling marketing campaigns with targeted messaging. For enhanced outreach, the company develops websites and mobile apps for its clients. Paperless Transactions supports its clients with services like seamless donor data migration and staff training on using the automation tools.

The product offering is a comprehensive platform designed to streamline fundraising and administrative tasks, allowing organizations to focus more on their core missions. Key features include tools for launching quick campaigns, managing fundraising events, and setting up recurring donations. The system is designed for ease of use and to minimize donor lapse by creating a smooth and secure donor experience. Custom plans and integrations with third-party systems such as Salesforce, Virtuous, and HubSpot are available for larger organizations with extensive databases and high transaction volumes. The company's executive team, which includes Chief Operating Officer Shawna Reich and VP of Technology Bobby Hestand who has been with the company since its inception, has over 75 years of combined experience serving the nonprofit community.