Accepting payments made via ACH helps businesses to improve their cash flow, as it is a very easy way for customers to make payments online. Debits and credits alike can be made through ACH Processing systems.
ACH payments are faster than other methods. This is especially beneficial when someone is paying at the last minute. With this option, your customers can get their payments in just before the deadline saving you the cost of late payments and collections.
If the person does not have enough funds in the bank, your debits can automatically be resubmitted until payment has been received. This helps ensure collection of your payment.
ACH processing helps you spend less and take in more. The speed with which money enters your accounts and the amount of payments you receive are both improved. No matter how good your sales are, if the payments are not received, they are meaningless. ACH improves your ability as a company to collect the money that has been agreed to you.