Automated Clearing House (ACH) Origination Services
Managing collections and payments is critical for optimizing cash flow. At Enterprise Bank, we offer a range of Automated Clearing House (ACH) Services to help you pay and collect funds electronically, and increase your cash flow. These services include:
Give your employees the valuable benefit of enabling them to electronically deposit their pay into their accounts each pay period. Your employees have faster access to funds, and you reduce your company's payroll processing costs.
Automate the time-consuming task of managing accounts receivables by collecting recurring payments such as dues and rents automatically. This reduces the time and cost involved with preparing and mailing invoices.
Cash Concentration and Disbursement
If you have multiple accounts, you can consolidate funds quickly and economically through our Cash Concentration and Disbursement services. They offer a less expensive alternative to wire transfers.