American Express® ACH Payment Service
With American Express® ACH Payment Service, you just select and send payments—that’s it. Intacct automatically tracks and updates your payment status.
Automate Your Payments
Automate vendor payments to improve efficiency and security Intacct Vendor Payment Services let you automate your checks or electronic payments to save time, cut costs, and reduce risk. Built on the American Express Global Corporate Payments infrastructure, the services enable you to swap check inventories for one-click payments or fully automate ACH or American Express Corporate Card payments. They are quick to set up and your payment workflow stays the same—minus the drudgery.
ACH Payments Simplified
Fast payments: Don’t wait for mail to be delivered to get your payment processed.
Rapid verification: Know within four days that the payment has been received in the vendor’s account.
Vendor communication: Automatically email vendor remittance information after the credit has been initiated to the vendor’s bank account.
Any U.S. bank: Work with your current U.S. bank accounts.
Integrated Workflow
Automated payment triggering: Choose to either automatically or manually send payments after approval.
Automated GL posting (optional): Automatically update the general ledger after payments are sent.
Intacct Accounts Payable integration: Make payments from within your Intacct Accounts Payable workflow.
Key Benefits:
- Accelerate disbursements with a process that’s fully integrated into Intacct Accounts Payable
- Automatically trigger payments on approved bills and update the general ledger
- Reduce risk of check-stock on hand and risk of fraud/theft
- Tighten security through encryption of one-time transmissions of account data and optional dual signature
- Set-up payments to go out from the banks you already work with