Even with the best intentions, some of your customers will have difficulty
making every monthly payment to your office on time. You can continue to spend
a small fortune on sophisticated billing and collection systems, or you can
switch to one of the fastest growing methods for receiving monthly payments.
It's called CHEXpedite™ Automated Payments.
Automated Payments™ uses "Pre-Authorized
Checking" to ensure that all monthly payments are received on time. Instead
of wondering when, or if, you are going to receive payment, you get a pre-authorized
check on time each month for every customer on the program. You simply take
the pre-authorized checks to your bank and deposit them like normal checks.
To enroll a customer, a simple single-page release form is completed and sent
to our processing center.
The CHEXpedite™ Automated Payments System™ also includes its own NSF recovery
program. If a check or pre-authorized payment is returned for non-sufficient
funds, the Automated Payments System™ will re-submit your payment as a second
draft, plus a late fee--saving you the time and money of dealing with checks
that have been returned. This service will also save you and your customers
the embarrassment of having to handle the NSF item in person. It is a win-win
situation for you and your customers.
On the agreed-upon day each month,
the pre-authorized checks from your customers will be delivered to your office.
Imagine the efficiency gained when you deposit all of your customer's pre-authorized
checks into your bank like clockwork each month.
With Pre-Authorized Checking, there is no computer access into your customer's
checking account. Your customer's check is simply recreated on the appropriate
day each month for deposit into your bank.
This non-threatening approach makes signing up customers on the CHEXpedite™
Automated Payments System™ very easy. Because you will be in control of the
checks, there is no chance for the bank to make a mistake on your customer's
account. The flexibility allows you to even hold a check for a few days if necessary
for your customer. There is no cost for software, hardware, phone lines, or
any of the typical expenses required for electronic fund transfers with a bank.
Considering convenience, cost efficiency and excellent service, the CHEXpedite™
Automated Payments System™ is rapidly becoming one of the nation's leading methods
for automatic payment processing.
What are the Advantages of CHEXpedite™ Automated Payments?
