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Payroll

Patriot Software Adds Integration with Stripe for 2-Day ACH Payments

This new feature allows clients of businesses a convenient and flexible way of paying through ACH payments directly on their invoices.

Online Payment keyboard button

Accounting and payroll software provider Patriot Software has launched its newest feature for accounting customers: ACH payments on invoices for customers who integrate with Stripe. With Stripe, customers can access two-day timing for ACH settlement, compared to 4-5 business days for standard ACH settlement.Stripe’s integration is free through Patriot and is available for both Accounting Premium and Accounting Basic subscribers.

“Adding ACH payments on invoices is in response to feedback and the evolving needs of businesses. Studies show over half of businesses and consumers say they are likely to use faster payments more often in the future. At Patriot, we are committed to giving our customers the features they need to succeed.” said Taylor Zorman, Product Manager at Patriot.

According to a survey by the Federal Reserve, over half of businesses (61%) indicated cash flow management was one of their biggest challenges. ACH payment transactions typically come with lower transaction fees than credit card payments, so businesses that offer an ACH payment method may increase their bottom line while improving cash flow.

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This new feature allows clients of businesses a convenient and flexible way of paying through ACH payments directly on their invoices. Accounting customers can view the progress of the ACH transaction payments in their accounting software.

Those interested in exploring Patriot’s Accounting Software can view a video demo, self-guided demo, or request a personal demo at www.patriotsoftware.com.