Do you know that printing paper checks can cost between from $1.50 – $3.00 by the time you’ve added up labor and mailing costs while you have to check fraud, data entry errors, approval costs, delays and the expense of tracking and filing paper?
Do not worry how to solve these problems because inFORM Decisions launch an iSeries native electronic ACH payment system called iPayments.
With iPayments, your security, compliance and cash flow management will be tightened up. This system is able to issue electronically remittance information via iMail or iFax. In fact, iMail and iFax are products from inFORM Decisions. What is more, iPayments provides a secure web-based portal which lets vendors log in and view their payment history, status of current payments improving and a Positive Pay security reporting process.
As a turn-key electronic payment system, iPayments does not require integration with a specific IBM i Accounting ERP software or any custom coding. With this system, capturing and processing transmissions is confident and automatic.
For more information, visit www.informdecisions.com or contact inFORM Decisions at 800.858.5544.