ACH NOC Automation
The changing landscape of the financial industry can be
attributed to many factors, primary of which is the continued
succession of mergers and acquisitions. Often times, post
conversion can be especially hectic for bank operations personnel
with the added complexities surrounding transaction processing
such as administering ACH Notice of Change (NOC) items.
Although
ACH notice of change is not new, many financial institutions –
including those involved with numerous acquisitions - manually
administer ACH NOC items via labor-intensive manual methods.
To remedy this situation, Centrix Solutions offers the ACH NOC
processing system as a cost-effective solution to automate the ACH
notice of change process, thus producing significant labor savings
for the financial institution.
Benefits
of the Centrix ACH NOC Processing System
-
Facilitates
operational efficiency by eliminating manual intervention
-
Provides
accuracy by creating an electronic NOC file to return to the
clearing house
-
Simplifies
transaction processing by creating a revised ACH file to
process in the core system that includes translated
routing/transit and account number information
-
Simplifies
research via audit reporting and balancing totals
To discuss the ACH NOC system in more detail or
receive additional information, contact us via email at info@centrixsolutions.com
or call 402.488.3990.
