Reconsider Your Costly Accounts Payable Processes
Every paper check you issue costs you a few dollars in processing and postal fees. Month after month, those dollars add up.
By leveraging the accessPAYMODE-X electronic payment network, RBS Citizens can help you optimize your payments by migrating
from costly check-based payments to more effective and efficient ACH payments.
Benefits of accessPAYMODE-X:
- Immediate cost savings: Eliminate all processing, printing and postage fees related to sending paper checks.
- Automatic dividends: For payments made through accessPAYMODE-X, a percentage of your payment file total will be returned directly to you.
- More cash flow control: Robust online payment information allows better management of cash flow, since you'll know exactly when payments will be withdrawn from your account.
- Reduced carbon footprint: Nothing printed. Nothing wasted.
Benefits to Your Suppliers:
- Convenient ACH payments: They will be paid fast and on time.
- Lower check-processing costs: Streamline receivables processes with unlimited digital remittance in any format (Excel, CSV, NACHA, CTX, XML, BAI, and 820 and 835).
- Simple start-up: No need to change banks or back-office systems to benefit from straight through processing.
- Cost savings: They'll pay a smaller fee relative to other card-based payment options depending on the dollar amount of the payment.
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