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ACH for finance teams

B2B payment platform, built around your approvals.

Vendor payments, remittance and approval rules, built for how your finance team already works.

Book a 30-minute call See a payment run
Payment run · FridaySample data
  • Acme Sample Co.$18,420.00ApprovedCTX · 3 invoices · limit rule: over $10,000 needs CFO
  • Harbor Freight Lines$4,210.50ApprovedCCD · 1 invoice · limit rule: controller
  • Northgate Packaging$9,880.00ApprovedCCD · 2 invoices · limit rule: controller

Run approved · file createdFiled for the 2:45 PM window

Bank-change control

A new vendor account is checked twice.

A change request is verified by callback, then approved by a second person.

Vendor bank changeSample data
Old account••••4410
New account••••9032
  1. Request received by emailHeld: no payment can use the new account yet
  2. Callback to the number on fileVendor confirmed the change
  3. Second approver signed offController, not the requester
  4. Account validatedNext payment uses ••••9032

Remittance

One payment, every invoice it covers.

CTX entries carry the invoice detail your customer's receivables team needs to post it.

ctx-0915.achSample data
  1. 5200 SAMPLE BUYER INCCTXVENDORPAY
  2. 622 RTN •••••0000 ACCT ••••6789$18,420.00
  3. 705 RMR*IV*INV-7710*PI*9120.00\
  4. 705 RMR*IV*INV-7714*PI*5300.00\
  5. 705 RMR*IV*INV-7719*PI*4000.00\
  6. 8200 ENTRY/ADDENDA 000004$18,420.00

3 invoices in one paymentPosted by the customer's AR

Same Day ACH

Filed in a window, labelled honestly.

Three Federal Reserve deadlines each day. Your bank's cutoff comes earlier, so we schedule to it.

Same Day windows · ETSample data
Deadline10:30 AMSettles 1:00 PM
Deadline2:45 PMSettles 5:00 PM
Deadline4:45 PMSettles 6:00 PM

Bank cutoff1:45 PM

Payment under $1 millionEligible for same day

Your ledger

Every payment lands in your books.

Payments and returns post to your ERP, each with an audit trail behind it.

Audit trail · PAY-2291Sample data
  1. Created from bill BL-5510By AP clerk
  2. ApprovedController, inside a $10,000 limit
  3. FiledFile totals checked against the batch
  4. SettledPosted to the ERP as paid

Journal entry JE-8841In sync

In the build

What your team gets.

B2B payment solutions, scoped on the call to your bank, approvals and ERP.

  1. RULES Approval limits Route each payment by amount, vendor and approver.
  2. CTX CCD and CTX files Invoice remittance in addenda, file totals checked.
  3. CTRL Bank-change controls Callback verification and a second approver.
  4. SDA Same Day scheduling Timed to your bank's cutoff, not the Fed's.
  5. RTN Return handling Each return code routed to the right next step.
  6. GL ERP posting and audit trail Who created, approved and filed every payment.

Questions

Asked on most calls.

Which bank or processor does it run on?
Your bank's ACH origination, or a licensed processor. We confirm fit on the call.
Can approvals follow our dollar limits?
Yes. Rules route each payment by amount, vendor and approver.
What is the Same Day ACH limit?
$1 million per payment, in the windows your bank offers.
What is a B2B payment platform?
Software for B2B payment processing: approvals, ACH or card payments, and remittance to vendors.
How do B2B payments work?
An approved invoice becomes an ACH, wire or card payment, and remittance goes to the vendor.
What does a build cost?
Every build is custom, so it is scoped and quoted on the call.

ACH for finance teams

Show us your payment run.

Thirty minutes with the people who build it.

Book a 30-minute callSee every service