Autoscribe offers ACH processing for corporate billers and financial institutions in need of faster funds availability. An ACH-formatted file is generated by an Autoscribe payment capture solution and is submitted to the ACH Network for processing and prompt payment. Autoscribe's PaymentVision portal can generate and submit an ACH-formatted file for payments captured from 3rd party capture services.
ACH Payment Processing - Benefits
- Accelerated availability of funds – cleared funds are deposited to your account in as little as 24 hours
- Reduction in costs associated with processing paper checks – no more runs to the bank to stand in line and deposit checks
- Improved cash management – narrow the window of not knowing which payments have cleared to as little as 24 hours and better manage corporate funds
- Integrated processing - Manage all your ACH payments, returns, and corrections through a single portal. Download formatted reports for user review, and system-ready posting files for integration into core systems.
A large number of industries participate in the ACH Network: Banking, Insurance, Corporate, Retail, Government Benefits and Services, and many more. NACHA reports that ACH Volume grew 15% in the 4 th Quarter 2005 to more than 2.8 billion transactions! If your company accepts payments via incoming calls to a call center, the Internet, direct-debits (PPD), and/or lockboxes (ARC), you may be able to enjoy the many benefits of Autoscribe’s ACH Service.
Complete our online request form for rates or more information.