Electronic Funds Transfer

Designed to complement the Accounts Payable module and seamlessly integrate with the General Ledger, the Electronic Funds Transfer cash flow management module saves you time and money by issuing electronic vendor payments for a safe, inexpensive, and predictable payment alternative to paper checks..

Electronic Funds Transfer Processing

• Improve your cash flow management by designating when payments are taken from your account, making cash flow predictable.
• Easily designate which vendors should receive electronic payments. Process electronic payments using the same easy-to-use select and pay processing method used for Accounts Payable checks.
• Easily transmit payments directly to your bank with an easy-to-use terminal interface that allows you to dial and send your electronic payments from within the Sage MIP Fund Accounting system for more hassle-free cash flow management.
• Save staff time and effort, and reduce costs by automatically sending payment notifications by e-mail to vendors. Designed to complement the Accounts Payable module and seamlessly integrate with the General Ledger, the Electronic Funds Transfer cash flow management module saves you time and money by issuing electronic vendor payments for a safe, inexpensive, and predictable payment alternative to paper checks.

Electronic Funds Transfer Processing

• Improve your cash flow management by designating when payments are taken from your account, making cash flow predictable.
• Easily designate which vendors should receive electronic payments. Process electronic payments using the same easy-to-use select and pay processing method used for Accounts Payable checks.
• Easily transmit payments directly to your bank with an easy-to-use terminal interface that allows you to dial and send your electronic payments from within the Sage MIP Fund Accounting system for more hassle-free cash flow management.
• Save staff time and effort, and reduce costs by automatically sending payment notifications by e-mail to vendors.