Alarm Companies can reduce their receivable costs,
improve customer retention and eliminate late monthly payments by utilizing
the ACH network.
ACH recurring payments
For delinquent contract security receivable
accounts review our collection program.
Account Receivable Collection
Apartment/Property Management companies can eliminate
late rental payments, eliminate late notices and follow up phone calls by instituting
an automated rent payment program. This can be done electronically via the ACH
network, or paper based.
ACH recurring payments
Additionally, many property management companies
have problems with NSF checks. Eliminate bank fees and all the other hassles
of check recovery by utilizing Electronic Check Recovery.
Electronic Check Recovery (RCK)
In the event rent is delinquent or
the renters have skipped town owing rent, we offer skip tracing as well as collections.
Account Receivable Collection
All types of associations can benefit from the ACH network. Membership dues can be collected automatically and received when you want them (on-time). Product purchase or assessments fees can be added to the recurring membership fees or transmitted in a separate batch any time you deem appropriate.
If your association participates in fund raising
activities, the inclusion of ACH debits gives your organization the ability
to receive donations over the phone in the form of a check transaction, while
never having to wait for the "check that is in the mail". This gives
you a greater audience from which to generate revenue from, at a cost that is
much less than a credit card transaction.
ACH recurring payments
ACH phone checks
Auto dealers typically spend tens of thousands of dollars per year on check guarantee services. There is a better answer: Contact us about a proprietary Electronic Funds Transfer interface that allows you to eliminate the high cost of check guarantee services.
Whether a Marina or a self storage facility for
boats, we can provide you with an automated receivable system that will allow
you to collect your monthly or quarterly rental fees on-time, when you want
them. No discount fees like credit card payments! We can provide this service
for you, or you can perform the transactions internally.
ACH recurring payments
Bottled Water Rental Companies
Whether your customers are businesses, residential
consumers, or both, you can automate your receivables by offering an automatic
payment option to your customers. You get paid on-time, and your customer does
not have to think about whether they really need the service or not each time
they sit down to write a check to you for your service. Retention is critical.
Why do you think health clubs offer automated payments?
Eliminate the expense of invoices!
ACH recurring payments
Cable TV companies can eliminate invoices and late
payment hassles by offering automated payments. Eliminate service interruptions,
and improve customer retention with ACH/EFT recurring payments.
ACH recurring payments
Eliminate bank fees by converting all paper checks
received by mail by utilizing our lockbox program. Improve efficiency, consolidate
funds, eliminate deposit slips and bank runs, and gain an additional presentment
for NSF's while even collecting NSF fees.
Lockbox
Companies that continue to process paper checks
traditionally, they can reduce bank fees, improve NSF collection and create
additional revenue by instituting an internal RCK check recovery system.
Internal RCK
If you are looking for a way to accept payments
over the phone, without the high cost of credit card fees, our ACH phone checks
may be the solution for which you are looking for.
ACH Phone Checks
Catalog/Mail Order companies can benefit by offering
customers the ability to pay by check over the phone. Reduce transaction fees,
reduce exposure to charge backs and eliminate buyers remorse by offering this
friendly alternative for payment. NSF fee recovery can be an additional source
of revenue.
ACH Phone Checks
For orders mailed in with paper checks, catalog
companies can benefit by converting these paper checks to electronic items
through our Lockbox system. Eliminate bank fees and deposit slips. Have funds
deposited directly into an interest bearing account. No more trips to the bank.
Lockbox
If you receive a significant number of orders paid
by paper check, you can become more efficient in collecting NSF (bounced) checks
by implementing the electronic check recovery system.
Electronic Check Recovery (RCK)
Eliminate the hassles of accepting paper checks
at the point of sale by utilizing Electronic Check Conversion. You choose the
verification method and the recovery method. Eliminate bank fees, consolidate
funds and reduce transactions costs.
Electronic Check Conversion
Carpet Cleaning Companies often receive their payments
in the form of paper checks. With that, the occurrence of bounced checks is
likely. Automate the collection of NSF checks by utilizing our Electronic Check
Recovery (RCK). It costs you nothing!
Electronic Check Recovery (RCK)
Whether your clients pay weekly, monthly or quarterly,
you can automate your tuition receivables by utilizing one of our automated
payment methods. No more reminder notices or phone calls to parents. Tuition
payments are in your bank account on-time, when you want them. You can also
eliminate invoices, bank fees and trips to the bank.
ACH Recurring Payments
Paper Check Drafts
Your office can convert paper checks to electronic
items. Eliminate deposit slips, trips to the bank, lost checks and bank fees.
Verification is included.
Electronic Check Conversion
For your patients who are recurring customers,
you can offer them with the convenience of automatic monthly bank withdrawals.
Improves customer retention, as they don't have to think about the associated
fees each time they would write a check.
ACH Recurring Payments
Churches can significantly increase tithe and offering
income by instituting an automated receivable system. Offerings are received
weekly or monthly, whether the church member attends church or not. Provides
church members a convenient, automatic method to contribute.
ACH Recurring Payments
Collection Agencies
If you are a collection agency that recovers bounced checks for your clients,
and are not utilizing RCK (electronic re-presentments of checks), you need be
informed how RCK can help you lower your check collection costs, provide your
clients with a better percentage of recovery, and increase your company's profits.
RCK (internal)
Electronically capture funds from bank accounts via
the ACH system, eliminating credit card fees. Transmit both one time transactions
and recurring transactions, allowing you to collect bad debt over any given
time period of your choice.
ACH/EFT.
ACH Phone Checks
There are not many convenience stores that do not
receive bounced checks. Don't pay for a check guarantee service. By utilizing
Electronic Check Recovery you can recover NSF checks at no cost. It might even
become a source of additional revenue. Whether a small individual operator,
or a large multi store corporation, we have a solution to fit your needs. Large
chains may wish to process NSF's internally, while small operators are provided
with the convenience of an outsource solution.
Electronic Check Recovery (RCK)
By utilizing the ACH network, your club can enjoy
receivables due from members deposited into your account on-time each month.
Automated receivables can include monthly membership fees, food and beverage
receivables, pro-shop purchases, cart rentals, and more. You can still invoice
should you wish, we simply eliminate the wait for payment and any late payment
related phone calls. Your members will enjoy not having to take the time to
write the check and mail it. Members will still have proof of payment by means
of their bank account statement. Additionally, the same system can be used to
make payments to vendors or be used for direct deposit payroll.
ACH Recurring Receivables
Your office can convert paper checks to electronic
items. Eliminate deposit slips, trips to the bank, lost checks and bank fees.
Verification is included.
Electronic Check Conversion
For those non reimbursed procedures, or for patients
without dental insurance, you can provide them with a simple and easy to understand
finance alternative. Patients are enrolled in an automated payment plan (you
decide the terms), and the associated fees are split up and deposited into your
account automatically. We can provide this as a service bureau, or set your
office up to perform the transactions.
ACH Recurring Payments
ACH Service Bureau
Paper Bank Drafts
If you have problems in your office with returned
NSF checks, please read about Electronic Check Recovery.
Electronic Check
Recovery (RCK)
Everyday patients ask for credit only to neglect to pay you for your services for what ever reason. With our Account Receivable Collection services we specialize in medical collections from patients and insurance companies.
For those non reimbursed procedures, or for patients
without medical insurance, you can provide them with a simple and easy to understand
finance alternative. Patients are enrolled in an automated payment plan (you
decide the terms), and the medical costs are split up and deposited into your
account automatically. We can provide this as a service bureau, or set your
office up to perform the transactions.
ACH Recurring Payments
ACH Service Bureau
Paper Bank Drafts
If you have problems in your office with returned
NSF checks, please read about Electronic Check Recovery.
Electronic Check
Recovery (RCK)
For outstanding patient receivables, you may wish
to utilize ACH Phone Checks to capture funds electronically from your patients
bank account.
ACH Phone Checks
Your office can convert paper checks to electronic
funds transfers. Eliminate deposit slips, trips to the bank, lost checks and
bank fees. Verification is included.
Electronic Check Conversion
Individual Chapters
Eliminate late payments by instituting an automated receivable system. Member
dues show up on-time. No tracking down your members about late payments. No
"the check is in the mail" excuses.
ACH Recurring Payments
National Fraternal Operations
Your operation can benefit from ACH automated payments in a few ways:
1. You can become a Service Bureau of ACH payments, performing automated receivables
for your individual chapters (as described above). You decide the transaction
cost for providing this service!
2. Receive your payments from individual chapters on-time.
ACH Recurring Payments
ACH Service Bureau - Contact us about how this would
be configured for you.
Automate your receivables by using the ACH network.
Your customer rental payments are electronically deposited into your bank account,
on-time, weekly or monthly with the push of a button. Advanced re-submittal
options included. Eliminate high credit card fees, invoices and late payments.
ACH Recurring Payments
For those customers who continue to pay by traditional
paper checks, you may wish to institute an Electronic Check Recovery program,
thereby reducing NSF checks and their associated bank fees.
Electronic Check
Recovery (RCK)
Many health clubs already realize how important automated monthly dues are to their organization. Account retention is the single most important factor, followed closely by cost of receivables. By automating receivables, your customers are not subject to writing a check each month, giving them an opportunity to make the decision "do I really need this membership." By automating your receivables, you can make this a passive decision for them.
Health clubs rely on large numbers of customers,
who if paid by traditional invoice-remittance methods would have huge
outstanding receivable problems. Automation via the ACH network allows your
organization to receive ALL payments on-time.
ACH Recurring Payments
Collection of patient responsibilities is a major
issue for all health care providers, whether a hospital or HMO. Before you give
up a percentage of your receivables due by turning them over to traditional
collection agencies, consider implementing an automated receivable system. Patient
repayment can be scheduled on a mutually acceptable basis. The system then automatically
deducts the arranged amount from the patients bank account, and electronically
deposits the funds to the account of your choice. Should the payment amount
to a one-time deduction you would also be able to capture funds via ACH Phone
Checks. You can even arrange to collect your lab fees and other monies due from
doctors offices using the ACH system.
ACH Recurring Payments
ACH Phone Checks
If your hospital has a problem with acceptance
of paper checks returned from NSF, read about Electronic Check Recovery.
Electronic Check
Recovery (RCK)
The conversion of paper checks at the point of
sale may also be an option you wish to explore. Eliminate deposit slips, trips
to the bank, lost checks and bank fees. Verification is included.
Electronic Check Conversion
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