|
Would you like to say goodbye to checks? Then say hello to our automated clearing house (ACH) services. Now you can make payments, direct deposit employee paychecks, debit customers' accounts, and more - all without writing checks. You can also:
- Lower your organization's disbursement costs by eliminating checks and reducing the need to collect repetitive payments.
- Ensure accurate and timely payables and receivables.
- Process hundreds of payments at a time using templates.
- Improve your ability to predict and manage cash flow, providing valuable information for budgeting and strategic planning.
In addition, ACH lets you concentrate funds from multiple bank accounts and create a higher level of security when you assign activities to different individuals with specific limits. For your protection, and ours, we do require credit approval for all ACH origination services.
Our ACH product will import NACHA-formatted, fixed and delimited files, creating a new batch template each time. Or, if you import fixed, delimited files to an existing template, the system will add, change, or delete transaction entries accordingly.
In the interest of security, you can allow the user who activated the batch to approve it, require a different person's approval, or determine no additional approval is needed.
|