This webinar training will explore B2B ACH payments. The instructor will explain how to isolate benefits and risks and discuss various options including Credit Push vs. Debit, and analyze critical authorization provisions. He will also investigate sound business practices to successfully managing business to business ACH payments.
Business to Business (B2B) arrangements are unique and governed by different Rules and laws than consumer payments. As such, a business originating or receiving business ACH payments can put themselves in a position of undue risk of loss if they don’t manage these payments appropriately.
The webinar training will discuss about the type of B2B payments, ACH Rules and Risks.
The speaker highly recommends having access to a 2016 ACH Rules Book, preferably the Full Edition as she will be instructing and providing reference from this resource, not the Corporate Edition.
Why Should You Attend:
The ACH Network offers a number of safe, fast payment solutions for any size business. In the past few years, ACH has become very popular for businesses to pay other businesses they work with, like to pay vendors. As with any payment system, poor internal processes can lead to increased risk or financial loss. To help you effectively develop and manage business payments, we’ve developed this session specifically for business to business ACH Payments, solely from a business perspective!Business to Business (B2B) arrangements are unique and governed by different Rules and laws than consumer payments. As such, a business originating or receiving business ACH payments can put themselves in a position of undue risk of loss if they don’t manage these payments appropriately.
The webinar training will discuss about the type of B2B payments, ACH Rules and Risks.
The speaker highly recommends having access to a 2016 ACH Rules Book, preferably the Full Edition as she will be instructing and providing reference from this resource, not the Corporate Edition.
Areas Covered in the Webinar:
- Define B2B payments
- Locate appropriate Rules governing these transactions in the ACH Rules book
- Record applicable laws that govern these B2B ACH transactions
- Analyze critical and recommended authorization provisions
- Explore sound business practices to effectively manage the process
- Interpret returns and isolate appropriate actions based on return type
Who Will Benefit:
- Business Investigators
- Bank Investigators
- Auditors
- Compliance Professionals
- Risk Professionals
- Bank Managers
- Third-parties who process payments for other entities
- CPAs
- Payments Processors
- Vendor Management
- Accounts Payable
- Accountants
- Purchasing Manager
- Procurement Professionals
Course Provider
Rayleen M Pirnie,
