Why Do Internal Initiatives To Eliminate Check Payments And Convert To ACH Fall Short Of Goals?

It is no secret that printing checks in house is inefficient and costly. At one point or another, most organizations have attempted to move vendors to electronic payments, such as ACH. However, these initiatives often fall short of expected results for a variety of reasons, including:

  • Internal resources are spread thin and do not have time to focus on such initiatives
  • Vendors do not like to receive ACHs because the payments can be difficult to apply as the data transmitted through the banking system is limited.
  • It can be difficult to ask your vendors for a “favor” to improve your efficiency.

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