|
Executive Summary - ACH Transactions
ACH Universal is unique in that it is not a service that charges
a transaction fee, but it is ACH software—installed at your location—which enables you to create an unlimited number of ACH files.
ACH files, which are sent directly to your bank, contain the electronic
payment instructions for:
· Direct Deposit for employees
· Collections from customers
· Payments to vendors and governmental agencies
and any other electronic fund transfers that you may need.
As ACH Universal is installed at your location, you have
full control over security - and it can be fully integrated
with any in-house system.
Easy to install, and easy to use—ACH Universal enables users
to create ACH files with the following highlighted benefits:
 |
Create and transmit ACH files for vendor payments, direct
deposit, and collections.
Includes NACHA formats PPD, CCD, TEL, WEB, RCK, POP, ARC,
PBR, CBR, CTX and TXP (Tax Payments).
|
 |
Save time with new, simplified
Automation and Integration tools
Software Integration Kit (SIK) - no programming required.
Command Line Interface can be used with 3rd party software. |
 |
Email notification - reduces bounced collections!
Automatically send emails to your:
· customers reminding them of their upcoming ACH transactions.
· vendors with their remittance information.
|
 |
Sending bulk remittance information? - EDI
engine for CTX format
Transmit remittance information via the EDI 820 transaction
set with ACH Universal's built-in EDI engine. |
 |
Easy to use Reporting - export
to Excel
Even work in Excel with our certified (Veritest tested) Excel
add-in.
Advanced NET reporting grid includes Quick Find and customizable
user layouts. |
 |
Grows with your needs
Start with a single user version - then migrate to SQL Server
version and share data within your organization. We are the largest ACH Software vendor - and have multiple platforms for you |
 |
Import ACH transactions using recurring-profiles
or simply 'On-the-fly'
· Use profiles to store ABA and account numbers
for your customers, employees and vendors.
· For non-recurring transactions - import all
information 'on-the-fly' from another system. |
 |
Full Audit Trail and Security
Tracks all imported and transmitted ACH transactions.
SQL Server edition provides corporate level data security. Masks
account numbers. Does your ACH Software vendor do this? |
 |
Process returns - collect bounced ACH transactions faster
Receiving ACH return files? ACH Universal processes return
files and enables creation of a second ACH transaction for
ISF's (return code 01).
|
 |
Complete suite of utilities
· ACH 2 Excel - Convert ACH files to csv
or Excel for review or further processing.
· ABA Directory - Updated daily, full listing
of all ABA numbers with bank information. |
 |
Processor ready - reduce bank charges
and file tracking hassles
Are you a payroll processor, ACH processor or fiduciary? - ACH
Universal enables multiple origination accounts to be created
in a single ACH file! |
| |
|
Next - For additional features and more
detailed information on ACH Transactions
Note: Not all features are included in each edition
level (Please see comparison chart).
Looking for information on Wire Transfers
or Electronic
Funds Transfers?
Need additional assistance? Call us at 866 226-5732.
|