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Product: |
ACH Notice of Change Processing System |
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Company: |
Centrix Solutions, Inc |
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Type: |
Software |
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Description: |
The changing landscape of the financial industry can be attributed to many factors, primary of which is the continued succession of mergers and acquisitions. Often times, post conversion can be especially hectic for bank operations personnel with the added complexities surrounding transaction processing such as administering ACH Notice of Change (NOC) items.
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Although ACH notice of change is not new, many financial institutions ? including those involved with numerous acquisitions - manually administer ACH NOC items via labor-intensive manual methods. To remedy this situation, Centrix Solutions offers the ACH NOC processing system as a cost-effective solution to automate the ACH notice of change process, thus producing significant labor savings for the financial institution.
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Benefits of the Centrix ACH NOC Processing System
<ul>
<li>Facilitates operational efficiency by eliminating manual intervention</li>
<li>Provides accuracy by creating an electronic NOC file to return to the clearing house</li>
<li>Simplifies transaction processing by creating a revised ACH file to process in the core system that includes translated routing/transit and account number information</li>
<li>Simplifies research via audit reporting and balancing totals</li>
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View All Company's Documents
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Related Products: |
Banking Industry | Banking Software | Electronic Funds Transfer |
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