SouthWare Accounts Payable now provides you with the option to pay vendors and employees through ACH Direct Deposits. ACH (Automated Clearing House) is an electronic network for financial transactions to process large volumes of credit and debit transactions in batches, including direct deposit, payroll, and vendor payments.
Below is an example of a setup for processing a vendor payment:
Below is an example of a setup for processing an Employee payment:
The benefits of ACH include convenience, better security, and reduction in costs for you. Contact your SouthWare Solutions Partner for more information on ACH Direct Deposit processing.
Your SouthWare solution has to be current on CMSS through 6/30/19 to access the new ACH functionality.