An electronic network for financial transactions in the United States. ACH processes large volumes of both credit and debit transactions which are originated in batches.
- User-friendly input screens designed for specific ACH applications, including payroll, vendor payments–no need to know ACH terminology.
- Easily pay Federal (EFTPS) and State Taxes. Routing and account information is pre-populated for most taxing authorities, reducing errors and improving accuracy.
- Create and save instructions for transactions that need to be executed on a regular basis.
- Easily import data from an ERP or 3rd party application into an ACH database with ACH module.
- Reduced Expenses--ACH transactions are more economical and less clerical work compared to FED Wire and check payments
- Quick Feedback/Confirmation--Transaction details provided on-line, with up-to-date status of the payments
- Cash Flow Prediction--Future dated transactions (up to 14 days) enable you to control accurate cash forecast
- Convenience --Store hundreds of Payees/Payers information on-line at no extra cost
- Concentration --Funds transfer to/from your accounts at other banks, or Debit/Credit your vendors'accounts for payments.