We love ACH!
ACH Stands for Automated Clearing House. It’s essentially a transfer from one bank account to another. It is our preferred way for clients to pay us. We used to accept many forms of payments, but in the last two years we moved to ACH and we love it. We get paid faster, there is less admin work, and there are minimal fees.
We use Quickbooks to set up ACH payments and bill clients. It's a simple process that requires you to connect your bank account to Quickbooks one time. Then, when you want to get a client on ACH you ask for your client’s account information to make the transfers. QuickBooks does all the work by drafting the client’s bank account every month and sends them a sales receipt for their records. It’s a win-win.
Erik J. Olson is an award-winning digital marketer & entrepreneur. The Founder & CEO of Array Digital, he is also the host of the Journey to $100 Million Flash Briefing and daily podcast, and the organizer of the Marketers Anonymous monthly meetups.
Kevin Daisey is an award-winning digital marketer & entrepreneur. He started his first company when he was just 23, and is the Founder & CMO of Array Digital. Kevin is also the co-host of the Journey to $100 Million Flash Briefing and daily podcast, and the co-organizer of the Marketers Anonymous monthly meetups.
For more information on the show, and to check out past episodes, go to journeyto100million.com!