40 Under 40 Honoree: Chad Schornack, ACH — 37

What will be the biggest change over the next five years in the ways
tax and accounting firms operate?
“Stricter compliance and audit, and a great decrease in paper check processing.”

What Chad’s peers had to say about him:
Chad’s company, InterceptEFT, partners with many tax and payroll software
vendors to offer electronic transaction processing to practicing accountants
around the country. Since electronic transactions are becoming more and more
prominent in many of today’s business models, Chad is ultimately concerned
about what is going to make things easier for customers. A large portion of
InterceptEFT’s business portfolio is made up of practicing accountants,
and those customers are always sharing ideas and solutions that would make their
everyday tasks more efficient, more secure and more manageable. Chad takes their
feedback into account, keeps current with trends in the electronic transaction
industry, and tries to find ways to improve current processes or create new
ones to enhance the way electronic transactions are processed. Whether it’s
improved reporting or improved security, Chad is always leading his IT team
to update and enhance our systems to make things a little easier for the practicing
accountant.

The reporting and new products InterceptEFT provides its customers are both
thanks to Chad’s yearning to improve things for customers every day. He
has the desire to keep up with technological trends, and he inspires his staff
to assist him along the way. His ability to be forward thinking keeps InterceptEFT
on the leading edge of electronic transaction processing. For those practicing
accountants utilizing InterceptEFT’s services, Chad’s dedication
helps them to provide cost-effective, timesaving and secure electronic transactions
to their clients.

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