When you pay with a credit card or paper check, it can take anywhere between a week to 30 days for that payment to actually leave your bank account, leaving you juggling cash flow.
With an ACH transfer, the debit is reflected on your account immediately, so there's no guessing game. You're able to schedule ACH transfers for specific dates, or as recurring payments, for clearer visibility into and greater control over your cash flow.
ACH can help you get paid faster, too. Your customers can authorize you to deduct an amount from their bank account, and within a day or two, that money lands in your organization's account-no waiting for checks or following up.
Plus, you can set up recurring customer payments-a good move for your business cash flow. These allow you to make an automatic deduction from a customer's bank account on a set date. Recurring payments help to ease the customer's burden of remembering to pay you, and you don't need to worry about following up.