With the latest major release of the NELiX TransaX, QuickBooks module, a new accounts payable module has been added. The Bill Pay module allows merchants to pay their vendors using an ACH transaction.
"With the new Bill Pay module, " explains Adam O'Hare, Vice President of NELiX TransaX, "merchants have the ability to pay hundreds or thousands of bills with one simple action."
Just like with the credit card / ACH acceptance module, the Bill Pay module allows merchants to memorize their vendor's payment information. This information is stored in our secure, PCI compliant gateway.
Merchants no longer have to print checks, sign checks, stuff envelopes, stamp envelops, mail letters, wait for returned mail, and then deal with address corrects. Now everything can happen in real time and electronically. The payment is deposited into the vendor's bank account, and the bill payment is recorded in QuickBooks.
The new 6.0 release contains many other enhancements, such as the ability to create new customers on the fly as processing transactions, the ability to auto mark invoices for e-mailing, more filtering on the batch process and much more.
"We're committed to making merchant's lives easier through technology, " says Matthew J. Schwartz, President of NELiX TransaX, "and this release represents a tremendous savings of time and money to many merchants."
Information on the NELiX TransaX QuickBooks module can be found at http://www.quickbookscreditcards.com/
Information about NELiX TransaX can be found at http://www.nelixtransax.com/
Information on NELiX TransaX FleXPort can be found at http://www.transaxdevelopers.com/flexport