The different payment methods assigned to an invoice in Accrualify

Vendors can be paid through Accrualify two ways

1. ACH Payment

2. Check Payment

1. ACH Payment Method

Accrualify has a partnership with some of the reputed banks in USA to make ACH payments to  your vendors.

It takes around 2 business days for the money to get deposited into your vendor's bank account. 

Only vendors having US bank accounts can be paid using this method.

Following are the vendor details required to make ACH payment to your vendor.

• Bank Account Holder Name
• Bank Account Number
• Bank ACH Routing Number

Vendors would also get email notifications from accrualify for the payment initiated.

2. Check Payment Method

Accrualify has a partnership with 3rd party company LOB to prepare and deliver checks to all your vendors.

The checks can be cancelled within 2 business days and it would take around 4-5 business days for check to be delivered at your vendors address.

Following are the vendor details required to make ACH payment to your vendor.

• Account Holder Name
• Vendor Postal Address Line 1
• Vendor Postal Address Line 2
• Vendor Postal Address City
• Vendor Postal Address State/Region
• Vendor Postal Address Zip Code
• Vendor Postal Address Country

Vendors would also get email notifications from accrualify for the payment initiated.