ACH Operations Solutions

Optimize Efficiency in ACH Operations

We Specialize in ACH

Centrix is well-versed in ACH processing. Over the years, we have developed numerous software systems to assist financial institutions with their ACH processing needs including ACH returns processing and detailed ACH reporting for EDI/NOC/IAT/DNE transactions.

Web-Based ACH Reporting for Corporate Clients

As ACH gains momentum as a payment channel, it stands to reason that corporate customers will require more sophisticated services related to ACH (EDI) and FI’s will look to automate. To help institutions respond, Centrix offers the Exact ACH Reporting System (Exact/ARS™)

ACH Reporting for Clients: With features ranging from EDI translation to ACH returns reporting, the system provides automated transaction reporting with email notification to clients and secures delivery of the reports/files. From an operations standpoint, this all happens automatically and unattended.

  • Delivery Options - Exact/ARS™ provides two options for delivering reports or files to clients:
    • Web Delivery - Exact/ARS™ generates an email alert to notify the client that an account had ACH activity and the report or file is available for download via the secure web portal.
    • Email Attachments - Exact/ARS™ automatically delivers the statement or file as an encrypted email attachment.

Customize EDI Translation Rules: Exact/ARS™ incorporates EDI translation rules that the financial institution can optionally define to customize the description that appears on the EDI statement for a client. For example, a payment to a municipality (client) from an originator might include "AGO" in the EDI data, but the client may want a more clear description such as "Attorney General Office".

Exact/ARS™ Features & Benefits

  • Automatic transaction reporting to clients (electronic file or report)
    • EDI payments – translate EDI detail from ACH payments
    • ACH returns
    • ACH notice of change (NOC)
    • All ACH transactions
  • Client-level business rules to meet unique requirements
    • Flexible output formats (NACHA, PDF, Excel, Comma Separated (.csv), XML
    • Multiple accounts in a single file/report or a separate file/report for each account
    • Secure, web-based delivery of reports and electronic files
    • Deliver reports for files as encrypted email attachments
    • Customize transaction rules by client to translate EDI data to clear descriptions

Exact/ARS™ is deployed as an extension of the Centrix Exact/TMS™ check positive pay and ACH fraud detection system. Both in-house and hosted implementations are supported.

ACH Returns Processing for the Financial Institution

Centrix Exact/ARS™ provides financial institutions with a simple and efficient tool to review and process incoming ACH returns. Each day, the returns processing screen is populated with “today’s” incoming returns along with the charge back account defined for each originator. Back office personnel can review all returns or only returns that need a charge back account defined. Ultimately, a transaction file is created to post on the core processing system.

Exact/ARS™ is deployed as an extension of the Centrix Exact/TMS™ check positive pay and ACH fraud detection system. Both in-house and hosted implementations are supported.