OrigiNET

Financial institutions are typically challenged by front-end ACH origination systems that lack the necessary functionality. Most online business banking systems offer very little support for ACH origination, leaving financial institutions with a major problem in filling the gaps. These systems offer the basic functionality that small businesses need to originate low volume payments, such as their own direct deposit payroll, the collection of dues/fees and other basic transactions, but they are not sufficiently robust to satisfy larger, higher volume, or more sophisticated businesses and originators. Weaknesses include a lack of reports or lack of support of all SEC codes, limited controls and entitlements and little integration with accounting and payroll systems.

D+H’s solution connects US banks to any ACH processor regardless of whether the firm has an in-house mainframe system, an outsourced ACH processor or uses D+H’s proprietary ACHplus processing system. Offered as an in-house license configuration or as a service bureau in the D+H data center, the solution’s web-based application includes built-in automation and risk tools designed to reduce the frequency and severity of errors, ultimately improving operations, lowering costs and ensuring faster execution. The solution spans the entire range of ACH transaction types and supports all SEC codes through a single solution allowing customers to make payroll, pay sales commissions, reimburse expenses, and pay taxes as one time or recurring batch payments. Additionally, D+H’s trained professional services team provides expertise in industry trends and regulatory changes.

Business Benefits

Reduces Costs & Improves Operational Efficiency

The solution’s web-based application includes built-in automation and risk tools designed to reduce the frequency and severity of errors, ultimately improving operations, lowering costs and ensuring faster execution. It provides configurable risk settings and controls, and entitlements and integrates with the business users’ accounting and payroll. Offered as a complete web-based application, our solution is easy to deploy, learn and upgrade.

Improves Customer Service

D+H’s solution enables financial institutions to offer full-featured ACH capabilities to a wide range of business customers including multi company originators. Regardless of the cash management system or retail banking system used, it turns a financial institution into an accessible on-ramp to the ACH network. The solution spans the entire range of ACH transaction types through a single solution allowing customers to make payroll, pay sales commissions, reimburse expenses, and pay taxes. The solution’s screens and templates can be easily customized to meet any customer need while providing the information required to create ACH entries meeting NACHA formatting requirements. It is also an easy-to-use and implement solution for a business that doesn’t need or use a bank’s online banking system but requires a stand-alone front-end ACH solution.

Helps Banks & Their Customers to Grow ACH Profits

With D+H’s solution, forming a central part of any banking customer’s payments interface, many manual processes will be eliminated thereby enabling a bank’s customers to originate a greater number of ACH transactions, making both the banks and the customers ACH business more profitable.