Managing ACH Business to Business Payments

Why Should You Attend:

The ACH Network offers a number of safe, fast payment solutions for any size business. In the past few years, ACH has become very popular for businesses to pay other businesses they work with, like to pay vendors. As with any payment system, poor internal processes can lead to increased risk or financial loss. To help you effectively develop and manage business payments, we’ve developed this session specifically for business to business ACH Payments, solely from a business perspective!

Business to Business (B2B) arrangements are unique and governed by different Rules and laws than consumer payments. As such, a business originating or receiving business ACH payments can put themselves in a position of undue risk of loss if they don’t manage these payments appropriately.

The webinar training will discuss about the type of B2B payments, ACH Rules and Risks.

The speaker highly recommends having access to a 2016 ACH Rules Book, preferably the Full Edition as she will be instructing and providing reference from this resource, not the Corporate Edition.

Areas Covered in the Webinar:

• Define B2B payments
• Locate appropriate Rules governing these transactions in the ACH Rules book
• Record applicable laws that govern these B2B ACH transactions
• Analyze critical and recommended authorization provisions
• Explore sound business practices to effectively manage the process
• Interpret returns and isolate appropriate actions based on return type

Who Will Benefit:

• Business Investigators
• Bank Investigators
• Auditors
• Compliance Professionals
• Risk Professionals
• Bank Managers
• Third-parties who process payments for other entities
• CPAs
• Payments Processors
• Vendor Management
• Accounts Payable
• Accountants
• Purchasing Manager
• Procurement Professionals

Instructor Profile:

Rayleen M. Pirnie, AAP, is CEO and founder, RP Payments Risk Consulting Services, LLC, based in Missouri. She is a nationally recognized payments risk and fraud expert. Her programs educate financial institutions and businesses on topics ranging from payments fraud to information security. She is the author of several payments risk and fraud blogs geared toward helping organizations recognize threats and protect themselves from loss.

With her avid interest in risk management, she has supported many notable organizations over the years. She is a member of the International Association of Financial Crimes Investigators, supporting their training programs since 1998. She sat on NACHA’s Risk Management Advisory group for two terms, and assisted with FSISAC’s first CAPP exercise.

For 16 years, Ms. Pirnie has spoken at national and regional conferences. Recent events include NACHA’s Payments Conference, the American Bankers Association Risk Management Forum, The Security Matters Annual Conference at Murray State University, the Risk Management Association, and the Federal Reserve Bank of Kansas City Risk Management Conference. She holds a Bachelor’s of Science in Criminal Justice Administration and is an Accredited ACH Professional (AAP).

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