Orchid Systems' EFT Processing for Sage Intacct.

Orchid Systems' EFT Processing for Sage Intacct.

Orchid Systems’ EFT Processing for Sage Intacct addresses these needs by offering a comprehensive solution designed to streamline payments and receipts through Electronic Funds Transfer (EFT). This innovative tool not only enhances operational efficiency but also significantly reduces the risk of fraud, making it an invaluable asset for businesses looking to optimize their financial processes.

Orchid Systems' EFT Processing for Sage Intacct

Key Features and Benefits

Efficiency and Cost Savings

EFT Processing automates the creation of EFT payment and direct debit files, tailored to the specific requirements of your bank. This automation leads to substantial savings on stationery, handling, postage, and bank transaction fees, contributing to a quick return on investment (ROI). 

Enhanced Security

By eliminating paper cheques, the solution drastically reduces the exposure to fraud. It employs industry-leading WebAssembly technology for secure data mapping, ensuring that sensitive payment information remains protected within your environment.


Seamless Integration

Developed within the Sage Intacct framework, EFT Processing offers a familiar user experience, integrating seamlessly with Sage Intacct’s Accounts Payable, Accounts Receivable, and Employee Reimbursements modules. This integration ensures that banking details for vendors, customers, and employees are securely managed within the Sage Intacct system 

Comprehensive Support for Bank Formats 

The solution supports over 800 bank formats from more than 80 countries, including domestic and
cross-border payments, positive pay, prenote, WIRE, NACHA, CPA005, SEPA, and more. Orchid Systems’commitment to customization means that if a required format is not currently supported, they cancreate it.

Orchid Systems' EFT Processing for Sage Intacct Flow

Transforming Your Financial Operations

Orchid’s EFT Processing for Sage Intacct is not just a tool; it’s a transformational solution that streamlines your financial operations, enhances security, and delivers tangible cost savings. By automating and securing your payment processes, you can focus on what matters most—growing your business.

How to Get Started

To begin optimizing your financial transactions with EFT Processing, contact your us today. The solution requires Sage Intacct Platform Services and Web Services, ensuring a smooth and integrated experience. For businesses outside the listed regions, Orchid Systems provides direct support, ensuring that every organization can benefit from this powerful solution.