The State Controller's Office (SCO) has established an ACH Initiative to reduce the quantities of checks printed and returned to agency and reduce large dollar checks where ACH/Wire is more appropriate. SCO will be reviewing the use of checks to identify opportunities for ACH payments.
The benefits of ACH payments verses check payments are numerous and include but are not limited to:
- Fraud risk is reduced: data from U.S. Bank was presented at a previous AP User Group meeting
- Cost is reduced: ACH cost to the state agencies is pennies per payment. Check costs include postage, check stock, printing costs, staff handling costs (print center, SCO, courier service, and agency) etc.
- Improved customer relations, internally and externally, resulting from reduced human error in check handling, reduced misdirection of mail, and improved payment application by the vendor, etc.
The At-A-Glance ACH Initiative Supplier List is available to easily view suppliers that have been converted from a check payment default to ACH. Please make every effort to utilize the ACH payment option.
Quick Reference documents are included for suppliers that require additional steps within the voucher entry process.
Alliant Energy ACH Payments Quick Reference
AT&T ACH Payment Quick Reference
Brightspeed ACH Payment Quick Reference
Charter Communications ACH Payment Quick Reference
FedEx ACH Payments Quick Reference
Frontier Communications ACH Payments Quick Reference
Johnson Controls ACH Payment Quick Reference
UW System Payments Quick Reference
Verizon ACH Payment Quick Reference
Please contact DOA SCO Accounting Services and/or DOA SCO Business Partner Services with any questions or concerns.