Pay vendors by ACH
Allow us to pay vendors by ACH
We’ve considered this feature many times; however, the use case we’ve discovered is tremendously low. While this feature is technically possible, and seems pretty cool, we’ve seen other solutions deploy vendor payments by ACH and the vendors simply prefer a check or credit card payment because “that’s what they know”. The number of vendors who will sign into the system to accept or reconcile their payments is very few.
If anybody has experience otherwise or feels this feature would get quite a bit of usage if developed, please add your comments and votes here so we can better understand the value in developing this feature.
Prichinello, Laura commented
This is a must have feature. All of our contractors are used to be paid via ACH and are not happy about having to wait on checks to be written and mailed or taking time to pick them up. We also have 1099 employees that we paid using ACH through vendor pay
I concur with all previous posts. This is a necessary feature that needs to be implemented
Tyre, Glenn commented
Please add the option to pay Vendors via ACH. Cannot depend on USPS to deliver checks, we have had to put stop payments on way too many lost checks!
Charlet, Samantha commented
If you have the ability to pay your owners via ACH then it should be just as easy to pay your vendors via ACH. I would like to see this enhancement request implemented.
Schlip, Julie commented
I would love to be able to pay my vendors through the software versus having to go to my bank Bill Pay function or mailing a check. Would really like to see this implemented.
Philip Filleul commented
I concur - this is simple check - no recon or vendor login required. Vendors are good with giving ACH account details, so functionality should be simple. I'd use a lot.
Miller, Brenda commented
Great that is under review, 2013 - where do we stand today, 2018??? This feature would be great if it was in use. Vendors will get payment quicker (they are happy), less money on check usage (I am happy) and less staff time on processing the check (I am happy again). Vendor simply supply you a copy of their voided check, enter the data same as the owner, send vendor a ledge of the monthly payment, they can reconcile what they were paid for. That is assuming you can pay many invoices into one total for said vendor.
I am actually a little shocked that this isn't being used as of today.
Hurlburt, Ryan commented
Looks like this was submitted in 2013. How do we get someone to review it today (2018)?
Hurlburt, Ryan commented
We pay all of our current contractors using bill pay, but would love to speed that process up using ACH
Gardner, Melissa commented
Please forgive the question. Why would a vendor have to sign in to accept or reconcile a payment? Why can't they just get paid? All you need is their routing # and account #
Swanson, Mike commented
This is a feature which ABSOLUTELY needs to be part of your software. The reliability of USPS is incredibly low and I have yet to meet a vendor who wasn't willing to provide account and routing number for quicker and more dependable payment method.
Cox, Marilyn commented
we make multiple bank/mortgage payments for owners. We require this to be setup. Our accounting staff is running to mulitple banks to make manual payments. What a mess!