Capturing payments electronically can save you time, hassle and money! American Check Management is very excited to introduce to you ACM's newest credit management tool, Electronic Funds Transfer (EFT). For the credit manager, EFT provides a powerful tool that will enable you to process checks instantaneously by drafting a customer's checking account at the speed of technology. EFT offers you the ability to take advantage of the latest electronic capabilities by allowing you to receive payment information over the phone, fax or the internet, then processing items electronically via ACM's "state-of-the-art" encrypted website. Payment is typically received in 48 hours.

In effect, the bank is being brought to your desktop!

By using EFT you may expect the following benefits and much more:

Improved ability to get paid while
  performing collection calls
Improved A/R aging
Centralize all your cash flow
  activity
Significantly lower cost than
  credit card processing fees
Reduced payment
  turnaround time
Reduced DSO
COD can become CIA (cash in advance)
Improved positioning: Electronic items   take precedence over paper items
Eliminate the lengthy wait time
  involved with mail services, fax
  checks and lockboxes
Eliminate those "deposit" trips to the
  bank
Maintain your current banking
  relationship
Reduced collection/handling/processing
  of payment cost