Orchid Systems

Orchid’s EFT Processing transfers Sage Accpac AR Receipts and AP Payments to the electronic funds transfer functionality of your banking software. Remittance advices can be emailed using standard Sage Accpac functionality. Because EFT Processing is written in the Sage Accpac SDK it can hold all Vendor and Customer banking details. The use of EFT can result in reduced Bank transaction fees, elimination of redundant data entry and errors caused by manual entries and help businesses avoid the use of expensive check stationary. EFT Processing also increases efficiency by processing both receipts and payments in the same transmission.

Features:

Written with the Sage Accpac SDK and is integrated into the Sage Accpac desktop menu.
Supports AR Customer Receipts and AP Vendor Payments in one application.
Ability to create 1 EFT file from a range of AP Payment Batches instead of 1 EFT file per batch.
Files can send payments from multiple accounts at the same bank. This works well in an organization with multiple offices.
Links to existing Bank, AR Customer and AP Vendor tables in Accpac you can email remittance advices using standard Delivery.

Industries: Non-Industry Specific

Business Needs: Check Processing, Credit Card Processing

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