New Success Story
For Paycor, Same Day ACH "the Saving Grace for Clients of Every Size"
Paycor, a Cincinnati-based human capital management (HCM) firm serving 30,000 customers, describes the benefits of both the $1 million per-payment Same Day ACH limit for its clients and how being Nacha Certified provides them a strategic advantage when bringing on new clients in our latest success story.
“We spend a lot of Fridays doing Same Day ACH,” said Ryan Crone, AAP, APRP, Senior Manager of EFT at Paycor. The reason is simple: getting salaries out when something goes awry.
“We’re very fortunate it’s 1% or less because we use it for emergency payrolls mainly, and that means we don’t have thousands of emergency payrolls. At the same time, it is definitely the saving grace for clients of every size, from the smallest to the largest, on the day when they make a mistake,” said Crone.
Paycor is a Nacha Certified Third-Party Sender, and Joe Maurits, Paycor’s Director of Compliance, said that designation has tremendous value on several fronts.
“Clients that understand the industry and are asking the right questions when they’re vetting us as their HCM provider, they’re aware of situations that happened,” said Maurits. “To be able to provide that seal and explain what it is and the company that we’re in, it’s been helpful.”