Automated Clearing House (ACH) Payments
With a few clicks, you can trigger multiple payments to the same or multiple vendors under a single Bank/Checking Account Number. Post payment, you can schedule automated emails to vendors with respective ACH payment details.
You can also export and send an encrypted NACHA file with the payment details (based on the bank’s template requirement) from OmegaCube ERP to their bank for further processing.
Key Benefits Of Automated Clearing House (ACH) Payments
- Automate payment workflows to vendors and suppliers through secure, speedy, ACH payment methods.
- Reduce manpower, time, and costs by sending multiple payments to vendors at a single point in time.
- Improve vendor and supplier trust by fulfilling payments quickly and securely.
- Improve payment-related communication by automating payment notification emails to vendors.
- Eliminate human errors and payment delays.
- Improve speed of business with vendors and suppliers.
Key Features Of Automated Clearing House (ACH) Payments
- Conduct online, ACH payments to vendors from within OmegaCube ERP.
- Conduct multiple payments under a single Bank/Checking Account No.
- Add/edit/delete vendor email ID directly from the payment processing screen.
- Email final payment details to vendors from OmegaCube ERP post receipt of payment confirmation from the bank.
- Send payments to single or multiple vendors (based on the invoice) at a single point in time.
- Schedule automated emails with payment details to vendors, post-payment.
- Export and email encrypted NACHA file based on prescribed template to bank for vendor payment.
Our Customers are Our Purpose and Our Strength
With OmegaCube ERP, we were able to decentralize the Accounts Payable process, eliminate siloed operating methods and easily delegate various parts of the AP process to relevant stakeholders. There was a lot of double data entry that we were able to reduce, thanks to the process decentralization.
When we spoke to our accounting department, they indicated that there has been almost 100% improvement in daily operations because everything is real-time and instantaneous. We are basically light years ahead of what we used to do manually. With OmegaCube ERP, we actually get accurate data of estimated vs. actual costs after a project is complete right at our fingertips.
I sit down every morning and look at a report which tells me how much I owe, how much I have coming in and helps me plan for incoming orders. It’s become an integral part of running my business effectively, efficiently and profitably, and we could add six more businesses without having to change our software.”
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