Driving ACH Reject Reduction

Published 9/7/23

InvoiceCloud is focused on helping you streamline your operations, lower your costs, and improve your customer relationships. Specific capabilities that support you in achieving these outcomes by reducing your number of ACH Rejects include the following:

• Screening payment methods before ACH payments are accepted and submitted to the bank which reduces the number of daily rejects you need to reconcile.
• Eliminating most recurring ACH rejects by monitoring and blocking the reuse of payment methods that have been rejected by the bank and are likely to fail again.
• Eliminating repeat NOC (Notification of Change) returns and the potential of recurring NOCs which eventually result in a bank rejection. NOCs received from a customer’s bank will be retained and automatically applied to subsequent payments without any action from you or the customer.

Our Product and Development teams will continue to focus on delivering innovation that improves the experience for your customers and lowers the burden for your teams.