EDS*PAYSM for Automated Clearing House Services: Technical Summary
See information the way you want to.
- Executive Overview
- Business Case
- Technical Summary
Reinforce Your ACH Capabilities
Keeping up with Automated Clearing House processing has pushed your technology to the limit. Capacity issues. Settlement. Upgrades. Contingency planning and regulatory requirements. Its testing your resources and draining your reserves.
EDS*PAY for Automated Clearing House provides a better solution. It fortifies your ACH capabilities and provides all the elements, which means no capital investment on your part.
From a technology perspective, this offering from EDS, an HP company, combines the reliability and scalability of the EDS infrastructure with the industry standard PEP+ software, maintained and supported by CheckFree Technical Support personnel, to create a dependable and compliant ACH system which includes:
- Shared resources
- 24x7 technical assistance
- Technology Refresh
- Hazard prevention
- Built in Contingency
- Global Network
- Disaster Recovery
Here's a snapshot of how it works:
Processing Components
From a processing standpoint, you need a provider that delivers end-to-end. Who takes care of all the necessary steps. So you can focus on more important things.
EDS*PAY for Automated Clearing House delivers:
- Origination services
- Automated settlement
- Automated items return processing
- Automatic Scheduling & Arrival Processing (ASAP)
- NACHA-required risk monitoring
- Establish exposure limits
- Identify potential problems before a loss is incurred
- Generate comprehensive reports
- Automate compliance with NACHA requirements for tracking ACH risk
- Enhanced customer reporting - Customer Activity Reporting (CAR)
- Provide Detailed Transaction Reporting to your Customers
- Easy to Understand Statements
- Reduce Customer Service Requests
- EDI translation - utilizing PEP+ software and a REDI (Remittance Electronic Data Interchange) online system
- Dependable Processing Environment
We've got it covered, and we can help your financial services institution do more with less. Achieve more today.
For more information about what EDS can do for you, submit a business inquiry.