Posted Date : July 15,2020
Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : BILLING-1083
Government Authority located in Nebraska; USA based organization looking for expert vendor for automated clearing house origination services.
[A] Budget: Looking for proposal
[B] Scope of Service:
Vendor needs to provide automated clearing house origination services.
- ACH processes large volumes of credit and debit transactions in batches. ACH credit transfers include direct deposit payroll and vendor payments. ACH direct debit transfers include consumer payments on insurance premiums, revenue tax obligations, child support payment, and other kinds of payments.
- The State Treasurer’s Office will be the point of contact for all daily banking functions and implementation of the banking services on behalf of State agencies. The State will continue to expand the use of electronic payments for State vendors, payroll, and government benefits payments to consumers and vendors.
- The State is seeking a state or national bank contractor that will work with State agencies to develop additional electronic solutions to receive payments via ACH, thus enabling the State to continue reducing check processing charges and to allow all agencies to continue to exercise the specific requirements of each agency’s process of ACH credits and debits.
- All payments to vendors in excess of $25,000 or vendors receiving multiple payments per year are required to be sent electronically.
- The State allows employees to receive payments by warrant, Direct Deposit to a savings/checking account, or loaded to a stored-value Visa branded debit card.
- The increased use of ACH payments across State programs will also decrease fees by the banks for clearing and processing State warrants, forgery, and expired warrant claims. The State will continue to work on expanding programs that will increase the dollar amount of receipts being paid and originated electronically by both ACH credit and ACH debit programs.
[C] Eligibility:
Onshore (US organization Only)
[D] Work Performance:
Performance of the work will be Offsite. Vendor needs to carry work in their office premises.
Budget :
Deadline to Submit Proposals: August 18,2020
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$
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Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : BILLING-1083
Government Authority located in Nebraska; USA based organization looking for expert vendor for automated clearing house origination services.
[A] Budget: Looking for proposal
[B] Scope of Service:
Vendor needs to provide automated clearing house origination services.
- ACH processes large volumes of credit and debit transactions in batches. ACH credit transfers include direct deposit payroll and vendor payments. ACH direct debit transfers include consumer payments on insurance premiums, revenue tax obligations, child support payment, and other kinds of payments.
- The State Treasurer’s Office will be the point of contact for all daily banking functions and implementation of the banking services on behalf of State agencies. The State will continue to expand the use of electronic payments for State vendors, payroll, and government benefits payments to consumers and vendors.
- The State is seeking a state or national bank contractor that will work with State agencies to develop additional electronic solutions to receive payments via ACH, thus enabling the State to continue reducing check processing charges and to allow all agencies to continue to exercise the specific requirements of each agency’s process of ACH credits and debits.
- All payments to vendors in excess of $25,000 or vendors receiving multiple payments per year are required to be sent electronically.
- The State allows employees to receive payments by warrant, Direct Deposit to a savings/checking account, or loaded to a stored-value Visa branded debit card.
- The increased use of ACH payments across State programs will also decrease fees by the banks for clearing and processing State warrants, forgery, and expired warrant claims. The State will continue to work on expanding programs that will increase the dollar amount of receipts being paid and originated electronically by both ACH credit and ACH debit programs.
[C] Eligibility:
Onshore (US organization Only)
[D] Work Performance:
Performance of the work will be Offsite. Vendor needs to carry work in their office premises.
Budget :
Deadline to Submit Proposals: August 18,2020
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$