ACH Origination for Businesses

Streamline payments with ACH Origination, a powerful Cash Management tool offered by Forward Bank. Whether you’re a business paying employees or a non-profit collecting recurring donations, ACH ensures faster, more reliable transactions. We’re proud to offer this service to our local community, helping organizations save time, reduce costs, and improve cash flow. ACH Origination is a smart way to simplify your operations and enhance security.

Features and benefits of ACH Origination for businesses:

ACH Origination offers businesses a secure, efficient way to handle payments, whether for payroll, vendor transactions, or customer collections. By moving away from paper checks and manual processes, businesses can save time and money while improving cash flow management.

• Eliminate lost, stolen, or forged checks: ACH transfers reduce the risk of payment fraud by processing payments electronically.
• Lower costs and faster processing: ACH payments are cheaper and quicker than checks or credit card transactions, giving businesses more control over their finances.
• Set up recurring payments: Automate payroll, vendor payments, and collections to ensure timely and consistent transactions without manual input.
• Gain control over cash flow: ACH payments ensure payments and withdrawals happen on a predictable schedule, allowing businesses to better manage their cash flow.
• Prevent fraud and errors with dual control: Dual control adds a layer of security, requiring two approvals before processing payments, reducing the risk of errors and unauthorized transactions.
• Available within Business Digital Banking: ACH payments can be managed directly through Forward Bank’s Business Digital Banking platform, providing access from any device.

Features and benefits of ACH Origination for non-profits:

For non-profits and charities, ACH Origination provides an easy, low-cost way to accept and manage donations. Offering donors a secure electronic payment option not only increases confidence but also helps boost recurring donations, making it easier for organizations to maintain steady support.

• Eliminate lost or delayed donations: ACH donations are processed directly into your account, providing timely and reliable funding.
• Save time and money: ACH transfers typically come with lower fees than checks or other payment methods, allowing more of your donations to go toward your mission.
• Offer peace of mind to donors: ACH payments are safe and secure, protecting donor information and reducing the risk of lost or forged checks.
• Obtain sustaining donations: Donors can set up recurring ACH donations, ensuring consistent contributions over time without the need for manual payments.
• Control cash flow: ACH payments give non-profits the ability to manage donations predictably, improving cash flow and financial planning.

Moving Payments Forward

Forward Bank’s ACH Origination service frees up time, saves money, and reduces risk, allowing your business or non-profit to focus on what really matters. Whether you’re looking to streamline payroll, vendor payments, customer collections, or increase recurring donations, ACH Origination offers a secure and efficient solution. Contact a Cash Management Specialist today to get started with ACH Origination and enhance the way you manage payments.