Features & Benefits
- Lowers the costs of processing, storing and reconciling manual checks
- Automates your collection process and eliminates the administrative time and expense normally associated with processing paper-based receivables
- Reduces payroll costs and employee time. Employees automatically receive any credit to their accounts, and no longer need to go to a bank to deposit checks
- Lessens exposure to check fraud. With no checks to steal or lose, there is no need to stop payments on or reissue checks
- Improves customer satisfaction by allowing you to accept more payment options
- Provides an audit trail of payments, and more accurate cash flow forecasting
ACH Credit Origination
ACH Credit origination services can be used for:
- Payroll Direct Deposit, which electronically credits an employee’s checking or savings account
- Quickly and easily making Federal and State tax payments
- Replacing paper checks issued to vendors with electronic payments, which can reduce administrative expenses and potential fraud
ACH Debit Origination
ACH Debit origination services can be used for:
- Automating your collection process, making it quick and easy
- Enhancing your credit management process with accurate payments from your customers
- Ensuring timely receipt of payments, so you can improve your ability to forecast cash flow