Webinar Recording: Same Day ACH for Businesses: Defining Opportunities & Implementation Essentials

Published: August 9, 2016

Document Details:

Recorded July 26, 2016

 

 

Automated Clearing House (ACH) payments get a high octane boost this September with the launch of Same Day ACH. This means that businesses and consumers can send an ACH payment – and have that payment credited – on the same day. This transformative development can drive efficiencies and reduce costs in payables and receivables processes. While it is optional to send payments via Same Day ACH, every business that receives ACH payments now could be affected as it is required to receive same-day payments.
 
During this webinar, panelists will offer their perspectives on the benefits and considerations for a range of payables and receivables processes. Businesses, financial institutions and related payment providers should attend to understand the opportunities and implementation essentials. 

 

Opportunities

  • Procure-to-Pay/payables routing/disbursements: replace U.S. wires and improve cash flow/forecasting
  • Order-to-Cash/consumer receivables/collections: reduce receivable costs for expedited customer payments and improve key metrics
  • Hire-to-Retire: use for various payroll situations
  • And much more… 

Implementation Essentials

  • Learn how to assess payment service agreement needs and assess internal processes to properly prepare files for Same Day ACH.
  • Find out what you need to know regarding payment receivables agreements and processes.

 

SPEAKERS:

Chad Hauff
Director, Premium Accounting, Safety Insurance Company
 
Sravan Kumar Komaravolu
Senior Manager, Corporate Finance, NBC Universal
 
Robert Unger, AAP
Senior Director, Product Management and Corporate Relations, NACHA – The Electronic Payments Association
 
Leny Zamora
Accounts Payable Supervisor, NBC Universal
 
Moderator:
Amy Morris
Senior Director, ACH Network Rules, NACHA – The Electronic Payments Association

 

THIS EVENT QUALIFIES FOR AAP CREDIT.

COST: $150

Register for the webinar recording here.

Tagged: Same Day ACH