Electronic Payments for Sage MAS 500

With Sage MAS 500 Electronic Payments, vendor remittances and employee expense reimbursements can be deposited to designated bank accounts automatically... without the time and costs associated with paper checks, manual printing and postage. For your business, that means improved cash flow, stronger vendor relationships, no lost checks and easier reconciliation.

Offer Your Payees Choices
Developed to work seamlessly with Sage MAS 500, this Accounts Payable enhancement provides the means for electronically exporting payments in a format that will meet any bank’s EFT (electronic funds transfer) processing requirements and all NACHA (National Clearinghouse Association) standards. Each payment will be correctly routed and credited to the designated account at your payee’s bank.

Confirm Payment Accuracy & Timeliness
The assurance of accuracy is provided by a PreNote (prenotifi cation) test when each payee is added. The test confi rms that everything is set up correctly for posting to the proper deposit account. In addition, when each deposit is made, a notification is automatically generated and e-mailed to the payee.