Every month, law firms, insurance agencies, accounting firms and other professional services firms spend a great deal of time and energy collecting fees from clients in numerous forms of payments, and the costs for accepting, processing and depositing checks continue to escalate. To combat this, VeriCheck offers complete, custom ACH (Automated Clearing House) solutions with an API integration to link payment processing functionality directly into existing software, website or other applications to set up automatic payments and streamline operations.
Whether your company is on a retainer or paid by the hour, ACH is one of the easiest and most effective ways to get paid for your services. By utilizing a recurring payment option, companies can expect consistent, predictable streams of revenue without staff members spending time chasing service fees. VeriCheck’s custom ACH solution offers clients a safe, convenient and secure way to pay their service fees and reduces the administrative burden associated with payment processing.
Who Does VeriCheck Assist in the Professional Services Industry?
VeriCheck provides ACH and eCheck payment solutions to a variety of different professional service companies to effectively manage risk and accept all forms of payment.
VeriCheck provides valuable solutions for payment processing. Below is a list of featured companies with which we work:
- Law firms
- Insurance agencies
- Accounting firms
- Recruiting firms
- Advertising agencies
- Architecture firms
How Does VeriCheck Benefit Professional Services Companies?
VeriCheck’s ACH payment processing is designed to manage transactions smoothly and quickly, so professional services providers can focus on their core duties and grow business. ACH also allows firms to cut down on the use of paper and drive efficiencies to ensure that payments are made on time, giving both the firm and the client more financial freedom.
Benefits for companies in the professional services industry include:
- Increased collections, cash flow and forecasting abilities
- Streamlined receivables and reduced uncertainty
- Improved office efficiency and functionality
- Reduced loss due to risk or chargebacks
- Improved client relations
- Less paperwork
Automated billing direct from bank accounts allows staff member time to be redirected away from processing and handling finances to focusing on enhancing client experiences.
What Services Does VeriCheck Offer?
With an ACH payment processing solution, you can simply debit a clients’ banking account for any outstanding balances. The ACH option will help you and your client save time by avoiding the need to chase people for uncollected receivables or spend time processing and mailing traditional checks.
Professional service firms benefit from our comprehensive offerings, including:
- Custom API for simple integration to existing software
- Payment assurance
- Set up customers on automatic payment plans by using the recurring billing feature
- Store customer and payment information in a secure and compliant web database
- Ability to accept ACH payments and eChecks
- Enable customers to pay on the website or by phone
- Set up customized access control to allow customized views for each user under a single account
Contact us today for a live demo of how VeriCheck can help your business.