An ACH (Electronic Payment) Primer: How Savvy Companies Now Pay Their Bills
SKU: 02-027-01-CPE
Credit Hours: 2
Level: Basic
CPE Category: Accounting
Program Prerequisites: None
Delivery Method: PDF
Instructor: Mary S. Schaeffer
Course Description:
This course presents basic information the professional can use to properly set up and grow and ACH payment program.
Upon completion of this course, you should be able to:
- Identify the reasons why paying electronically benefits an organization
- Pinpoint issues to be considered when setting up an electronic payment program
- Create a basic ACH payment program for an organization
- Build an effective strategy for converting suppliers to the Identify effective strategies to grow your ACH payment program
- Develop an effective strategy for converting suppliers to the program
- Understand the different types of payment fraud currently being perpetrated
- Develop an effective strategy to combat electronic payment fraud
- Develop a Best Practice ACH payment initiative
- Avoid worst practices as well as hidden pitfalls when setting up an ACH payment program