Electronic Payments
Albany Software is the UK's number one developer and supplier of BACS Electronic Funds Transfer software and a leading authority in the e-Business marketplace, supplying over 12,000 organisations with advanced and integrated systems.
Aspasia has an interface to Albany Software's ALBACS-IP electronic funds transfer solution. Used mainly in lettings this permits the payment of landlords and suppliers electronically from your account to theirs resulting in reduced administration, reduced costs and happier customers/suppliers who get paid more efficiently.
ALBACS-IP collects information from Aspasia and performs a series of validation and modulus checks before submitting the file to BACS. Funds are then simultaneously credited/debited between bank accounts with the relevant acknowledgements and receipts being fed back into ALBACS-IP electronically.
Whether you are new to BACS, an existing user of Albany, or a user of alternative BACS solutions, there is a quick and easy route to IP – installation, commissioning and training will typically take less than ½ a day.
Taking advantage of the BACS service has never been easier. Visit www.albany.co.uk for more information then talk to SPA who will put you in touch with Albany Software.
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