ACH: ACH Origination Software
June 20, 2008 1:12 pm ACH, FinanceACH origination software is the bottom line on ACH programming. Its the encoded DNA that runs through your computers operating system, telling it how to do this whole ACH thing. Its the operating instructions made cyber-flesh.
When you make a deal with an ACH company, the ACH origination software is what theyre selling. Often, its an in-house propriety; other times, its a licensed software from a company like Troy Financials Autodraft programs, which many companies purchase and then use as their template.
Using ACH Origination Software
Once youve got the ACH origination software in place, youre ready to go. Your computer now knows how to conduct ACH business transactions. Your EFT capabilities are up and running.
From then on, your only fees will pertain to actual transactions that you perform. Because youve purchased the software, there should be no monthly fees. Thats one more reason to get on the ACH bandwagon.
