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Executive Summary - ACH Transactions
ACH Universal™ is unique in that it is not a service that charges
a transaction fee, but it is 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:
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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).
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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. |
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Email notification - reduces bounced collections!
Automatically send emails to your:
· customers reminding them of their upcoming ACH transactions.
· vendors with their remittance information.
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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. |
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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. |
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Grows with your needs
Start with a single user version - then migrate to SQL Server
version and share data within your organization. |
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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. |
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Full Audit Trail and Security
Tracks all imported and transmitted ACH transactions.
SQL Server edition provides corporate level data security. Masks
account numbers. |
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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).
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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. |
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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! |
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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).
Need additional assistance? Call us at 866 226-5732.
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