Introduction
Are you up to date on your ACH compliance requirements? Our recent analysis of first-quarter audits reveals some common areas where organizations are falling short. Reach out to us today to schedule your annually required ACH Audit and/or to strengthen your defenses with tailored consulting services to help address these common pitfalls.
ACH Audit Findings Q1 2024
1. Lack of Annual ACH Compliance Audits
2. Incomplete Risk Assessments
3. Insufficient ACH Security Policies
4. Deficient Origination Agreements
5. Incomplete Written Procedures
6. Outdated Forms
7. Non-Compliance with Micro-Entry Standards
8. Lack of Originator Notifications
Click the icon below to download the ACH Audit Findings Q1 2024