Forecast receivables with ease
Take the guesswork out of forecasting receivables. Automated Clearing House (ACH) Debit Origination is a secure, fast and convenient way to streamline your payment collection process and manage your cash flow. Authorized ACH direct debits can be used for the efficient collection of rents, dues, subscriptions, membership fees or any other recurring payments to your organization. You'll know exactly when funds will be credited to your account and available for use.
- Eliminates mail, processing, and availability float – deposits are immediately available for use
- Reduces cost of inter-bank transfers of funds – more cost-effective than wire transfers
- Maximizes use of funds by concentrating balances from other financial institutions
- Increase payer satisfaction – offer customers a convenient payment option
Contact our treasury management experts today to discuss which solutions are best for your business.