If you’re ready to simplify just one component of your accounts payable process, then payment automation through Automated Clearing House (ACH) may be right for you. ACH from CommercePayments® replaces the costly and time-consuming process of issuing paper checks. By making electronic payments to employees and vendors, you manage cash flow, decrease processing costs, reduce the risk of fraud and simplify account reconciliation.
If your company manages multiple payment types across its vendor network, check out CommercePayments® Payment Hub, which optimizes and automates supplier payments through a single payment file.
Accepting payments via ACH has many benefits, too. As receiver of ACH transactions within the National Automated Clearing House Association (NACHA), Commerce Bank can help you manage your entire accounts receivable cycle. ACH payments reinforce your accounts receivable, enabling you to:
Access customer payments faster
Forecast cash flow better