• EFT Processing

    Streamline Sage Intacct payments using Electronic Funds Transfer

  • EFT Processing, from Orchid Systems, creates EFT payment files in the form required by your bank.
    File creation is integrated into the standard Sage Intacct payment processing routines.
    Over 800 bank formats from 80+ countries are already supported. New formats can be quickly created on request.

    Key Benefits:

    Efficiency & Security Benefits

    • A quick ROI, thanks to savings on stationery, handling, postage, and bank transaction fees.
    • Save time and reduce errors by avoiding duplicate data entry.
    • Reduce exposure to fraud by moving away from paper checks or streamlining positive pay file processing.

    EFT File Creation & Bank Details

    • Creates EFT Payment files in the format required by your bank
    • Integrated with standard Sage Intacct payment processing routines
    • Vendor banking details are held by EFT Processing
    • Supports user-definable screen labels to reflect bank terminology
    • Extensive audit logs of EFT files and transactions created, plus banking details changed, for extra security

    Bank File Formats supported

    • Already supports 800+ bank formats, from 80+ countries
    • Supports user-definable bank formats
    • Supports positive pay file formats
    • We are frequently adding new formats, or updating existing ones
    • If the format you need is not currently supported, Orchid Systems can create it

    WebAssembly for added Security

    Orchid’s EFT Processing mapping engine utilises industry-leading WebAssembly technology:

    • Adopted by major technology industry players for its security and performance benefits
    • Securely and efficiently translates your confidential Sage Intacct payment information to the layout required by your bank
    • Mapping takes place within your environment, not on a 3rd Party site, ensuring your confidential banking information is kept as secure as possible

    A Sage Intacct Module

    • Developed in the Sage Intacct SDK, providing the familiar Sage look & feel, plus standard security and customization capabilities
    • Stores all data within Sage Intacct
    • Integrates seamlessly with Sage Intacct Accounts Payable

    System Requirements:
    Sage Intacct Web Services & Platform Services; Cash Management & Accounts Payable for Vendor Payments

    Price:
    $1,200 p.a.

    Integration Approved Countries:
    Australia; Canada; United States; South Africa;

    About:

    Orchid Systems, an award-winning Sage Tech Partner, has been part of the Sage community for over 25 years.

    • We develop innovative add-on modules that enhance the functionality of Sage software.
    • Orchid’s modules are used in 6000+ Sage sites across 80+ countries and are supported by 450+ Sage Business Partners.

     


    Phone:
    Website: https://www.orchid.systems/products/eft-processing-sage-intacct
    Year Founded: 1993
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