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Use our Check
Cost Calculator to discover how much you can save by converting
from checks to ACH payments. |
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ePayment Solutions
A powerful solution used to convert traditional check payments to
electronic payments, ePayment Solutions electronically delivers the
payments and associated remittance details directly to payees. While
most organizations understand the benefits of paying vendors and suppliers
electronically, even with the best technology tools internal conversion
programs are seldom successful. ePayment Solutions significantly reduces
payment processing costs and delivers efficiencies by eliminating
the frustration and needless time associated with tracking delayed
and lost payments.
We have invested heavily to develop the technology and supporting
services that ensure you achieve your electronic payment processing
and remittance delivery goals quickly and with the lowest possible
disruption to your organization.
The time and effort required to track down delayed and lost checks
adds up quickly; it is frustrating for your staff, annoying to your
payees, and it is a needless drain on company resources given the
virtual elimination of delayed and lost payments you can achieve by
converting to electronic payments and remittance delivery.
We are able to help you maximize the investment you have already made
in your existing financial system by fully integrating your internal
financial system with our electronic payment processing and remittance
delivery solution.
Once you have used our proven 5-step
process to convert from paying by check to making payments and
delivering remittance details electronically, you will quickly discover
that your relationships with banks and trading partners are improving
due to unprecedented visibility into your payment process. Your payees
will be able to manage their own payment and remittance delivery profiles,
track payments on the Internet, and even receive e-mail notifications
every time you initiate a payment, all with no interaction required
on the part of your staff.
When you add up all the costs; you quickly discover that every check
you print is costing your company between 350%–950% more than
the same payment made electronically. In addition, checks rely on
the often difficult to predict mail system which makes it difficult
for cash managers to optimize investing and borrowing activities.
Use our Check Cost Calculator to discover
how much you can save by converting from checks to ACH payments.
Check 21 allows banks to clear checks based on digital information
collected at the point of receipt. This initiative has already begun
to significantly reduce the average time it requires to clear checks
and it is a leading factor in motivating many companies to begin converting
to electronic payments.
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