Why Your Company Needs ACH Processing Services

Why Your Company Needs ACH Processing Services

Does your company need to process one-time or recurring automatic debits to checking and savings accounts? Credit card payments or check authorization as well? If so, it’s time to consider ACH processing from ACH Payments. This is the means by which money is transferred electronically through the Federal Reserve Banking System. Collecting or disbursing payments is one of the most important parts of any business. When the right ACH provider is used, it can provide your company with an economical, safe, and efficient solution for predictable cash flow.

There are a number of ACH companies that can help with ACH processing. However choosing the wrong partner can make what should be a very easy and money saving process quickly turn into a frustrating experience. You need a partner that is established, has a reliable track record and  that offers you a guarantee for the quality of their service and customer care.

What would you like the ACH company to handle for you? Perhaps your company needs to accept echecks or debits for a specific transaction. Others may need recurring debits every month. Automated payment plans not only help you keep the money flowing into your company, it also makes it convenient for customers to make their payments on time. Most companies would agree that being able to process ACH checks on one platform would streamline their efficiency. Others may need to accept a check by phone, but just don’t have the right ACH processing program to do so.

The right ACH processing service company can help you reduce payment processing costs by as much as 80% or more. If you need automated nonsufficient funds checks re-processed, then the right ACH company can take care of this for you. If you’re like many companies, you may have a lot of money outstanding in these “bounced” checks, so this could be the perfect solution for your company.

You should find an ACH processing services company that offers a wide variety of services. That way you will get the most for your monthly fees. Some companies will charge a set amount for each transaction. Others may charge a small percentage of the amount of the transaction. However, one of the most affordable means is to find a company that offers you a specified number of transactions each month for a set fee. This is usually the most cost-effective, especially if your company handles a large number of these ACH transactions each month.

It’s best to take the time to contact the company directly to see specifically what they can do for you.  This way you can see if there are any unresolved complaints with the company. When you’re dealing with so much financial information, security and reliable is a must. Don’t trust this area of your business to just anyone.