ACH Origination & Processing Solutions – grow commercial account activity, generate “no interest” fee income, and reduce back room processing costs
Growing your financial institution’s commercial account relationships through a service that helps businesses lower processing costs, improve cash flow, and benefit their employees is the natural outcome of offering the advanced services and technologies available through ProfitStars’ ACH Origination and Processing Solutions. With this fully-compliant platform, financial institutions can increase fee-based revenue by expanding their ACH market penetration to larger customers, without increasing the cost of support.
ProfitStars’ ACH Origination & Processing Solutions are backed by expert training and technical support from a team of more than 20 Accredited ACH Professionals and hosted with extraordinary security in a SAS-70 Type II, ASP environment. For origination, our solution supports all entry classification codes for direct deposit of payroll, direct debit for receivables, and other fee-generating transactions. For back office processing, our solution for ODFIs and RDFIs performs all operational tasks, file management, risk management, OFAC checking, and reporting. Here is how ProfitStars helped one client fully achieve the benefits ACH: A $250M community bank set a growth goal to gain large core deposits accounts. To do this, it needed to blend its service offerings with the full range of technology offered by larger competitors. After selecting ProfitStars’ ACH solution with increased capabilities, the bank immediately secured its largest checking account client. “ProfitStars’ ACH solution offers us a very sophisticated system that appeals to money center bank clients,” stated the bank. “We selected it for its advanced reporting capabilities and robust features that would attract new clients. It has made our processes much more efficient as well…The transition to the ProfitStars platform was so clean that our clients did not even know we had made the change."
To learn more about ProfitStars’ ACH Origination & Processing Solutions, contact us at sales@profitstars.com