Make automatic funds transfer easily and securely.
Are you looking at streamlining your business payment processes? Whether you need to pay employees and suppliers or collect payments from your customers, Customer Automated Funds Transfer (CAFT) is a secure, easy-to-use online service designed to accommodate pre-authorized fund transfer transactions for all types of business.
The CAFT web-based solution will let you manage and collect payment of funds efficiently and safely. CAFT is user friendly and cost effective and compatible with many accounting software.
Flexibility and Control
Send payments to suppliers or collect payments from your customers on a recurring or one-time basis, and manage your own payment database
Reduced Operating Costs
Reduce or eliminate the time and cost associated with cheque clearing and production, delivery and reconciliation.
Improved Security
Reduce the chance of stolen, lost, forged cheques or the ability for duplicate cheque negotiation through mobile deposit.
Use CAFT for the following automated transfers
- Payroll
- Accounts Payable Items
- Accounts Receivable
- Loans, Mortgages or Rent payments
- Donations/Pledges
- Any regular receipt of funds
CAFT offers important features including online help, audit trail and email notification as well as the following:
- Reporting
- Flexible user permissions
- Transaction & file limits
- Multiple payment frequency
- Automatic due date advancement
- History file viewing
- Flexible search criteria
- Training and support are available
Contact us to get started.