“In the last nine months, we’ve transitioned payroll and about 95% of our bills and invoices to ACH. Checks just aren’t a reliable way to do business anymore.”
HERNDON, Va. (PRWEB) December 28, 2020
Teressa Frazier and her finance team had a routine. Immediately after worship service every Sunday at Victory Grace Center, they would walk around handing out envelopes containing pay checks for church staff and contractors.
But that was before COVID-19 closed down in-person worship services. While the Maryland-based congregation of 400, under the leadership of Senior Pastor Dr. Jasmin Sculark, also known as Dr. Jazz, were not meeting in the building, worship services and church activities still continued virtually and staff and contractors, such as musicians, still needed to be paid.
That’s when Frazier, VGC’s Director of Finance, opted for Direct Deposit and other ACH payments solutions. Like many other churches and small businesses, Frazier found that having the option to pay using ACH, or the Automated Clearing House Network, was a saving grace as electronic payments provided a simpler, more automated way of paying for their goods and services.
To see how Victory Grace Center transitioned its payroll, donor giving, and most of its bills and invoices to ACH, view the case study here: http://www.nacha.org/news/ach-helps-victory-grace-center-stay-mission.
Helping churches, other places of worship, businesses and organizations of all sizes to more easily make and receive ACH payments is one of Nacha’s strategic initiatives aimed at increasing adoption of ACH payments.
For more information on how to leverage ACH for a religious organization, visit http://www.Nacha.org/ReligiousOrganizations. Learn more about direct deposit at directdeposit.org. For more information about Victory Grace Center, visit VictoryGraceCenter.org.
Nacha governs the thriving ACH Network, the payment system that drives safe, smart and fast Direct Deposits and Direct Payments with the capability to reach all U.S. bank and credit union accounts. More than 24 billion ACH payments were made in 2019, valued at nearly $56 trillion. Through problem-solving and consensus-building among diverse payment industry stakeholders, Nacha advances innovation and interoperability in the payments system. Nacha develops rules and standards, provides industry solutions, and delivers education, accreditation and advisory services.