Circle this day in red on your Finance calendar: March 20, 2020. That’s when the per-transaction dollar limit for Same Day ACH quadruples. The current $25,000 cap will jump to $100,000. It’s the latest in a series of enhancements designed to increase adoption. It’s estimated the current $25,000 threshold covers about 89% of business-to-business transactions. […]
Same Day ACH
The Same Day automated clearinghouse (ACH) processing window will soon open wider! Effective March 19, the Same Day ACH files can be submitted until 4:45 p.m. ET (1:45 p.m. PT). That’s an extra two hours in your workday. Currently, the latest an originating depository financial institution (ODFI) can submit Same Day ACH files is 2:45 […]
A very important day for your Finance department is right around the corner.
Finance chiefs need to think strategically about how they can get Accounts Payable pros to get rid of checks and set themselves up to take full advantage of the host of new payment technologies out there. To help, guest author Brent Meyers, the vice president of national sales for Nvoicepay, offers a step-by-step plan on […]
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