Automate your Payments in QAD Enterprise Applications
Posted on: April 23, 2013 | By: Andy Vitullo | QAD Financials
Both QAD’s Standard Edition and Enterprise Edition are software platforms geared towards automation of business tasks. The task of executing payments to vendors is one of those tasks that can be quickly automated for little investment. This automation can save people time and focus their efforts on more daily analytic tasks providing your company greater value.
In general, the task of automating payments will require passing a file to a bank to process electronic funds transfers via the ACH method costing your company pennies per transaction. Also, banks now provide check processing services for vendors who require physical disbursement checks. A file can be passed to the bank with an electronic signature in an encrypted secured process that eliminates the requirements of resources to both sign, stuff and mail checks to vendors.
If you are interested in discussing this further, feel free to contact Andy Vitullo at avitullo@loganconsulting.com