Payment Delivery
EZPayManager/400 automates the exchange of critical business payments between customers, business partners, and suppliers. Payments can be delivered to their intended recipient using one or all of the following:
- Laser Print Checks -
EZPayManager/400 intelligently merges data from your current applications with your check templates to deliver high-security MICR laser checks.
- ACH Electronic Payment Delivery - EZPayManager/400 ACH Module will allow you to selectively pay specific vendors/payees within your payment file electronically, via ACH. Payment files are converted into a NACHA-compliant format that is transmitted to your bank for processing.
Now essential iSeries business applications can deliver MICR laser checks and electronic payments in the same payment run. EZPayManager/400 allows payments to be run manually on-demand, or unattended in a fully-automated mode. But that's only half the payment output process, what about Notification of Payment?
Notification of Payment
EZPayManager/400 also provides you with total control and flexible options for distributing Payment Notifications.
- Traditional Printed Payment Stubs
- Electronic Payment Notification-
Streamline your payment processing workflow and significantly reduce the costs of printing and mailing your payment notifications. Send Payment Notifications via fax or email and realize substantial savings.
How much do your pre-printed checks really cost?
10 cents per page? |
According to NACHA (National Association of Clearing House Association) the basic direct costs of issuing a check - printing, bank charges, paper forms -- cost about $.86 cents per check. |
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