Streamline your accounts payable process! This service provides notification of the dollar amount of checks that will clear against your account each day.
Zero Balance Accounts
Disbursement bank account checks are written, even though the balances in the accounts are maintained at zero. Debits are covered by a transfer of funds from a master account at Mechanics Bank.
Automatically move funds from a main account to an investment or interest bearing account to pay down lines of credit or fund specific checking accounts.
Automated Clearing House (ACH) and Wire Payments
Streamline payables by securely processing domestic and international transactions electronically.
One card (Purchase Card)
A Visa'Travel and Entertainment card with purchase card functionality. Use One Card to pay for all your office needs from supplies to employee relocation expenses.
- Elan Financial Services provides zero fraud liability for unauthorized transactions. Cardholder must notify Elan Financial Services promptly of any unauthorized use. Certain conditions and limitations may apply.
ACH Collections (Debit)
As your customers authorize direct debits from their accounts, we will process the transactions and deposit the funds into your account on the settlement date.
ACH Disbursements (Credit)
Ideal for payments to businesses or customers, you can use ACH to make a variety of electronic p.ayments like payroll, vendor payments or tax payments. Forecast your cash flow and optimize your returns while simplifying your accounting procedures.