Vendor ACH Enrollment Information
Automated Clearing House (ACH) payments provide an alternative to paper checks, affording you the following advantages:
- Accelerated funds availability
- Better cash management forecasting
- Reduced operating costs through the elimination of paper check handling and simplification of the bank reconciliation process
- Certainty of delivery (no more lost or stolen checks).
The National Automated Clearing House Association (NACHA) regulates the ACH network, a nationwide payment and collection system. Instead of using paper to carry necessary transaction information, the ACH network processes, delivers and settles electronic credits and debits among financial institutions.