Finance pros are already taking advantage of the new expanded window of time for Same Day ACH. And it can benefit your company, too. The third window, added in March 2021, allows same-day transactions to be initiated as late as 4:45 p.m. EST and received by 5:30 p.m. so they can be settled by 6 p.m. […]
Same Day ACH
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. […]
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 […]
There’s a great enhancement coming for companies that take advantage of Same Day ACH and send or receive high-dollar payments.
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 […]
Get up to date with our Blueprints.