How ACH Processing Works

Many businesses – including your company are looking at ACH payments with real interest. How can your company take advantage of ACH payments? Make sure you stick around until the end when we show you how to deal with the Elephant in the ACH Room. #payments #ach #EFT #accountspayable
Link to ACH vs. Wire Transfers Explained: Which is Right for You

Looking for more of the most current business intelligence about
+ Best practices around your payment and accounts payable function
+ Current and new fraud protection protocols
+ The newest technology impacting your accounting, accounts payable, and payment functions
+ Career advancement
+And much more!!
Subscribe for more tips and insights like this:

+++++++++++++++++++++++
See most recent videos at:

See all short tips at:

Learn more about AP Best Practices; Playlist at:

Learn more about Internal Controls in AP; Playlist

Looking for Automation insights: Playlist at:

Other
++++++++++++++++++++++++++++++++++
00:00 Insights into How ACH Works
00:43 What Are ACH Payments
01:43 What Do We Mean by ACH
03:53 How ACH Goes Through the Banking System
04:15 Requirements for an ACH Payment
05:07 How ACH Processing Works
06:53 Remittance information for ACH Payments