ACH Payroll Processing & Fedwire Blog

ACH Payroll Processing & Fedwire Blog

  • ACH for Payroll: Know Your Options

    ACH for Payroll: Know Your Options

    Date : Monday, November 05, 2018

    Demand for ACH payment processing has been climbing  since the first national networks emerged in 1978. In August, ACH Network transactions broke the 2 billion mark for the first time. That's 2 billion transactions in a single month – with a value of $4.5 trillion. ..


    Read More
  • ACH for Staffing Companies

    ACH for Staffing Companies

    Date : Thursday, October 11, 2018

    Just like staffing companies, not all providers of ACH processing for payroll are the same. At Cachet Financial Services, ACH processing and directly related services for the payroll industry are all we do, processing $150 billion annually for more than 110,000 employers across the United States. ..


    Read More
  • Why CPAs Should Offer Payroll Services & Direct Deposit

    Why CPAs Should Offer Payroll Services & Direct Deposit

    Date : Friday, August 31, 2018

    As many CPAs and accounting firms discovered the hard way during the Great Recession, those that were the "stickiest" retained the most clients – they offered so much value, their clients were stuck to them and didn't switch to a lower cost option. ..


    Read More
  • What Is a Drawdown Reverse Wire?

    What Is a Drawdown Reverse Wire?

    Date : Monday, August 20, 2018

    A lesser-known wire transfer type is known as the "drawdown reverse wire," which is the opposite of a direct wire. Also known as Fedwire drawdowns, drawdown requests, drawdown wires, or simply drawdowns – NACHA tends to prefer "drawdown" over "reverse wire" – this type of wire transfer is unique because it's initiated by the receiver instead of the sender. Of course, the sender needs to authorize the receiver to do so with their bank, but the receiver only needs to do this once. ..


    Read More

  • Archive


    Tags

    Our Partners