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Collect recurring payments directly from your customers' accounts. For either fixed payments like monthly rent payments or variable amounts like utility bills.

Store customer account and collection information on your computer and automatically create electronic fund transfers that move through the Automated Clearing House network and credit your bank account on a scheduled date. Effortlessly update customer information or add new customers. Just have customers complete an authorization form and let ACH processing save you time and money.

Benefits

Reduce billing costs
You will no longer need to send paper invoices to customers. Also you will never have to send another second notice for non-payment. You will save money on postage, office supplies, and the time associated with the billing process.

Increase receivable collection rates
When your customers automatically pay through the ACH network, you will substantially reduce delinquent receivables and reduce the days receivables are outstanding. You will also save costs related to collecting delinquent accounts.

Improve cash management
You will know exactly how much and when cash will arrive in your bank account. You will be better able to manage your working capital and budget for your future expenditures.

Increase profits by reducing credit card processing fees
Credit card processing fees can be as high as 4% of each transaction. Electronic funds transfer is significantly cheaper and if used as a primary payment method by your customers, will substantially increase your bottom line.

Dramatic improvement of returned check management
You will be notified of returned checks days earlier, decrease your bank fees from returned checks, and collect your funds more consistently and with less effort with electronic check processing.


Would it help your organization to be able to receive recurring payments automatically? Find out more