The OCC says that the controls needed for an effective ACH risk management program include written policies and procedures. Our exciting new software can help you reduce your risk, satisfy regulators, manage your exposure, and manage the risk of your third-party relationships. This interactive software has been expanded to follow the guidelines of over 20 different Federal regulations plus the ACH Operating Rules. It produces a detailed, customized ACH Risk Management Policies and Procedures Manual based on your answers to questions about your specific ACH processing environment. Your completed manual provides crucial guidance to all impacted departments related to identifying, preventing, and controlling all risks related to originating and receiving ACH transactions. The types of risk covered by your manual will include compliance, credit fraud, operational, reputational, and systems risk. Upon purchase, your User ID, Password, and the link to download the software are provided to you via email. On screen guidance and toll-free technical support are available.
Minimum system requirements: Windows Vista or Windows XP with Service Pack 3; Microsoft Word 2002 or newer; Internet Explorer; Microsoft .NET Framework v2.0 or higher (will automatically install if necessary)
The software is updated annually to comply with the changes to the ACH Operating Rules and other applicable regulations.
If two consecutive updates are skipped, repurchase at full price is required.Item Number - 672