Patriot Software Introduces Faster ACH Payment Feature for Accounting Customers

Patriot Software, an innovative provider of accounting and payroll software, has introduced a new feature for its accounting customers: ACH payments on invoices. This feature, integrated with Stripe, allows businesses to access two-day ACH settlement, significantly faster than the usual 4-5 business days. Moreover, this integration is available at no additional cost for both Accounting Premium and Accounting Basic subscribers.

Patriot Software's Product Manager, Taylor Zorman, explained that the addition of ACH payments addresses the evolving needs of businesses. With studies showing that over half of businesses and consumers are inclined to use faster payments, Patriot aims to provide essential features that support their customers' success.

A survey by the Federal Reserve indicated that 61% of businesses face challenges with cash flow management. ACH payments typically incur lower transaction fees than credit card payments, potentially boosting businesses' profitability while enhancing cash flow. This new feature offers a convenient and flexible way for clients to pay through ACH directly on their invoices, with transaction progress viewable through the accounting software.

Interested parties can explore Patriot's Accounting Software through various demo options available on their website.