How Do Companies Benefit From ACH Applications?
Direct Deposit
- Streamlines the reconcilement process.
- Eliminates critical delivery of checks since funds are automatically deposited.
- Eliminates special checks for employees away from work or on vacation. Minimizes storage and security of check stock.
- Reduces employee time lost due to personal banking business on payday. Additional employee benefit for little or no cost.
Direct Payment
- Funds collected are available on a scheduled date such as the billing due date.
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