American EFT, Inc. offers two software programs:
ACH for the PC
ACH for the PC™ gives you a convenient, easy, economical way to originate direct deposits, bill collections, state and federal tax payments, and other collections and disbursements into the Automated Clearing House (ACH) from a personal computer.
Now, anyone withACH for the PC and a personal computer can originate ACH transactions through a financial institution such as a commercial bank, savings and loan or credit union. A company can directly deposit payroll, concentrate and disburse cash and electronically debit accounts -- eliminating the delays and processing problems associated with checks. WithACH for the PC, a company can improve its cash flow by better managing its cash disbursements and collections.
ACH for the PC will save financial institutions money while increasing fee-income. Because transactions made through the ACH system are entirely electronic, a financial institution's data processing staff will not handle paper checks for such transactions nor will it manually enter such information -- productivity will increase as will fee-income. BecauseACH for the PC is easy to use, customer-support expenses will be low.
Benefits of ACH for the PC
- ACH for the PC allows for multiple users with different user rights.
- Writes an encrypted file that can be sent via modem or email.
- Allows for multiple batches.
- Provides clear historical record of financial/pay transactions.
- Multiple splits between savings, checkings etc.
- Tax Payments (TXP).
- Supported standard entry classes:
- PPD
- CCD
- ENR
- RCK
- POP
- TRC
- XCK
- WEB
- TEL
- ARC
- EASY TO USE.
WASP
WASP™ gives you a convenient, easy, economical way to originate ReDeposited Checks (RCK), Point of Purchase (POP), Cash concentration and Deposits, and Prearranged Payments and Deposits (PPD) into the Automated Clearing House (ACH) from a personal computer.
Now, anyone withWASP and a personal computer can originate RCK, POP, PPD and CCD transactions through a financial institution such as a commercial bank, savings and loan or credit union. A company can Re-Deposit checks, Point of Purchase, deposit payroll, concentrate and disburse cash and electronically debit accounts -- eliminating the delays and processing problems associated with checks. WithWASP, a company can improve its cash flow by better managing its cash disbursements and collections.
WASP
was designed for the use of RCK and POP within a non reoccurring batch.WASP can be utilized with a check reader to make RCK and POP efficient, easy and money saving!WASP can also be utilized for such applications as payroll and auto debiting.Benefits ofWASP
- WASP allows for multiple users with different user rights.
- Writes an encrypted file that can be sent via modem or email.
- Allows for multiple batches.
- Allows for checks to be read with a reader.
- Batches are not reoccurring due to RCK and POP.
- Multiple splits between savings, checkings etc.
- Supports general ledger and loan payments.
- Supported standard entry classes:
- PPD
- CCD
- RCK
- POP
- WEB
- EASY TO USE.