Say Goodbye to ACH Payment Tracking Headaches with Intelligent Automated Payments

At PayPlan, we’re always looking for ways to make lenders’ lives easier. That’s why we’re excited to announce Intelligent Automated Payments, a new feature designed to simplify how you track and resolve ACH payment issues with the express purpose of helping you collect more revenue!

Failed ACH payments quickly turn into a time-consuming headache. Most platforms will attempt to collect a payment just once –  if the payment fails for one of a hundred different reasons that account is now delinquent. But our new feature changes everything.

What makes Intelligent Automated Payments different?

• Three-Tiered Check System: Instead of relying on a single check, the platform will now attempt to check and collect several times and allow lenders to swap payment methods automatically after a certain number of failed checks.
• On-Demand Payment Insights: Anytime you click on a record, the system fetches the latest payment data instantly. No more waiting or digging for answers—just real-time updates when you need them.
• Another Lever of Control: The Intelligent Automated Payments feature can be fine-tuned to your needs, allowing you to build a custom waterfall of actions and messages.

The Benefits for Your Lending Team

1. Reclaim Time and Resources: Manually tracking down payment failures is a thing of the past. Intelligent Automated Payments eliminates unnecessary effort, freeing up your team to focus on growth, not chasing down failed payments.
2. Fewer Missed Payments: With triple-check verification, missed payments are drastically reduced, ensuring more successful transactions and better cash flow.

This new feature is designed with one goal in mind: to make life easier for lenders. Whether you’re managing hundreds of accounts or just a dozen, Intelligent Automated Payments reduces the stress of tracking ACH payments and saves you valuable hours.

Interested in seeing how this can revolutionize your operations? Contact us today to learn more about how the PayPlan platform can help your business collect on payments and grow!

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