Life gets busy and stuff happens. Sometimes that stuff is forgetting to pay a bill, until your business realizes it missed a payment that’s due now. That’s where Same Day ACH comes in. 

With Same Day ACH, you can have that bill marked “paid” in as little as a few hours. Same Day ACH payments settle three times daily, and each payment can be up to $1 million. And just like standard ACH, Same Day ACH can reach every bank and credit union in the U.S.

And if you’re running a business that likes to hold on to its cash as long as possible, you can plan to use Same Day ACH to pay bills when they’re due. That’s a major plus when forecasting your firm’s cash flow, as well as managing liquidity.

Ask your bank or credit union about the ways Same Day ACH can help your business. 

When payday rolls around, folks expect to get paid. But sometimes there are payroll errors. Someone didn’t get the right amount (or maybe didn’t get anything at all). Quickly turn that wrong into a right with Same Day ACH.

The days of having accounting write a last-minute check are over. With Same Day ACH, an employee can still get their money on payday, without taking an emergency check to the bank, depositing it, and waiting for it to clear. Instead, within a matter of hours, the money they’re due is in their bank account by Direct Deposit. 

And Same Day ACH is also great for gig and hourly workers, as well as freelancers, all of whom really need their money when they earn it, rather than waiting for a regular payday. They can have a Direct Deposit in hours. 

Ask your bank or credit union about the ways Same Day ACH can help your business.

No one wants to have an insurance claim. No one. Whether it’s a banged up or stolen car, a burst water pipe that saturated that house, or a hurricane or tornado that blew through and did massive damage, people need their insurance money ASAP to get back on their feet.

Same Day ACH is a tremendous help with insurance claim payments and disaster relief. In a matter of hours, the money they need is safely Direct Deposited into their bank account. That means they can immediately use it to deal with their urgent needs, be it a hotel, a new set of wheels—whatever. 

When someone has an insurance claim, it’s almost certainly because something bad happened. Waiting endlessly for a claim payment only makes matters worse. With Same Day ACH, insurers can help their customers at a time they need help most. 

Ask your bank or credit union about the ways Same Day ACH can help your business. 

Sometimes you owe your customers a refund. Whether they’re consumers or fellow businesses, you’ll find they’re both pleasantly surprised—and very satisfied—when you make that refund via Same Day ACH. 

If your customers paid you by ACH you may already have the information you need to make a refund the same way. And if your organization is still printing and mailing refund checks, it’s really time to get with the times. Same Day ACH gets customers their money in hours. It’s fast and it’s easy (not to mention a lot less expensive than the paper check route). It’s also something they’ll appreciate—and might just remember the next time they need a product or service you provide. 

Ask your bank or credit union about the ways Same Day ACH can help your business. 

Taxes are a fact of life, especially for businesses, which have many different types of taxes they’re required to pay, often to several different governments. There’s a fair bit of money involved, and it can really make a dent in cash flow. Same Day ACH can help with that.

Rather than sending a standard ACH tax payment ahead of time, or mailing a check (something no one should be doing), organizations today can use Same Day ACH. Tax payments get where they’re going safely and reliably, and they can arrive on the due date. That means no late fees or penalties, while your business holds on to its money as long as possible.

Ask your bank or credit union about the ways Same Day ACH can help your business.