NACHA compliant software ?

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mapman

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Jul 16, 2002
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Any have any experience with NACHA compliant software ?

Interested in recommendations. Not interested a service provider as I have seen on nacha.org. Just software that works in compliance. Needs are pretty basic.

+ = priority, - = non-priority but maybe in near future

- Electronic payroll deposits / Direct Deposit
+ Automatic collection of recurring debits, such as rent or loan payments / Direct Debit
+ Re-presenting NSF checks
- Processing Internet or telephone orders
+ Telephone Check Entries

One such package I found is EZ-ACH. (features above are part of their package)

Any other suggestions, experiences or recommendations ?

Thank you,

MapMan
 

mapman

Thread Starter
Joined
Jul 16, 2002
Messages
30
ksuwyldkat,

Thank you for the information. Since I am new to this type of application, I want to talk to a few people see what they can tell me.

This way, when I talk to the bank I will not be totally clueless LOL,

Thanks again,

mapman
 
Joined
Nov 9, 2000
Messages
341
One thing to make a note of is a bank may charge you a fee to use their service or site. This can usually be offset by maintaining a certain balance in your account. You should weigh that fee against what a software will cost. You probably will be charged for originating items as well, this will probably be the same if you use their program or buy your own. You can probably ask to see what else their program does such as balance reporting, statement delivery, etc.

Also if you just want to be able to accept payments such as from a site, Western Union has a program called MoneyZap, http://www.achex.com/, that may work for you. Not sure how much this costs though.
 
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