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ACM Electronic Funds Transfer (EFT)
Capturing payments electronically can save you time, hassle and money! American Check Management is very excited to introduce to you ACM's newest credit management tool, Electronic Funds Transfer (EFT). For the credit manager, EFT provides a powerful tool that will enable you to process checks instantaneously by drafting a customer's checking account at the speed of technology. EFT offers you the ability to take advantage of the latest electronic capabilities by allowing you to receive payment information over the phone, fax or the internet, then processing items electronically via ACM's "state-of-the-art" encrypted website. Payment is typically received in 48 hours.

In effect, the bank is being brought to your desktop!

BENEFITS

  • Improved ability to get paid while performing collection calls
  • Improved A/R aging
  • Centralize all your cash flow activity
  • Significantly lower cost than credit card processing fees
  • Reduced payment turnaround time
  • Reduced DSO
  • COD can become CIA (cash in advance)
  • Improved positioning: Electronic items take precedence over paper items
  • Eliminate the lengthy wait time involved with mail services, fax checks and lockboxes
  • Eliminate those "deposit" trips to the bank
  • Maintain your current banking relationship
  • Reduced collection/handling/processing of payment cost

Under the exclusive ACM/NACM member benefit package, we take pride in our continued policy of: no costly software, and no monthly minimums.

For more information about ACM's EFT service, contact Rudet Fountain at 800-759-6786.
anscers is provided by CMA Business Credit Services,
an Affiliate of the National Association of Credit Management
anscers is a registered trademark of CMA Business Credit Services © 2007