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Accounts Receivable Conversion (ARC) and the Automated Clearing House (ACH) ARC moves through the Automated Clearing House (ACH), which is managed by Nacha, previously known as the National ...
ACH processed 21.5 billion transactions worth more than $46.8 trillion in 2017. Statistics confirm that a good number of companies are using ACH for paper checks.
By Derek Halpern Remote work initiatives have created a strong tailwind for digitizing business payments, with companies rushing to move away from checks and onto card and ACH payments. This huge ...
Checks currently account for almost half of business-to-business payments, but their share will decline to 34% by 2020 as automated clearing house payments surge from 32% of B2B payments today to 45% ...
Bectran, Inc., the credit, collections and accounts receivable platform leading the way in fraud prevention, has partnered with GIACT, part of the London Stock Exchange Group and the leader in ...
For example, funds sent by accounts payable may hit their vendor's bank faster with card or ACH payments, but a complicated payment application process can lose the receivable department precious ...
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