Think of your accounts receivable process as the circulatory system of your business—and payment methods as the different vessels keeping cash flowing smoothly. As a Credit Manager, choosing between wire transfers, ACH, and EFT isn't just an administrative decision—it's about finding the perfect match for your company's financial heartbeat.
The Wire Transfer AR Process
Wire transfers are the express trains of the payment world—fast, direct, and no-nonsense. In 2025, they remain the go-to for those "I need it yesterday" transactions and high-value international payments.
When your business needs money to appear in your account faster than a CFO can say "cash flow," wire transfers deliver. But convenience comes at a cost—those $25-50 fees per transaction can add up faster than expense reports during tax season. Think of wires as your financial emergency service: perfect when timing is of utmost importance, but perhaps overkill for your routine transactions.
The ACH Accounts Receivable Process
ACH has graduated from the slow lane and earned its place in the fast-track club. With same-day processing now standard, ACH has transformed from the tortoise to a respectable hare in the payments race.
At $0.50-$5 per transaction, ACH is a budget-friendly option that won't have your finance team wincing at processing fees. It's like the reliable family sedan of payment methods—not flashy, but dependable and economical. Perfect for those predictable, recurring payments that keep your business humming along, ACH has found the sweet spot between speed and affordability.
The EFT Accounts Receivable Process
If wire transfers and ACH had a more flexible, adaptable cousin, that would be modern EFT solutions. They're the payment world's equivalent of a Swiss Army knife—versatile, practical, and ready for various situations.
EFT strikes that Goldilocks balance—not as expensive as wires, potentially speedier than traditional ACH, and playing nicely with your accounting systems. It's for businesses that want options without maintaining a complicated payment infrastructure. Think of EFT as your payment method chameleon, adapting to different transaction needs while keeping your AR team sane.
Finding Your Perfect Payment Match
Choosing between these options doesn't have to feel like deciphering ancient financial hieroglyphics. Consider what matters most: Is it speed? Cost? Ease of reconciliation? Customers' preferences?
Many savvy AR departments shuffle these methods like a well-curated playlist—wire transfers for those urgent, high-value transactions; ACH for the steady rhythm of recurring payments; and EFT for flexibility as needed.
By partnering with Bectran's credit management platform, you can orchestrate these payment methods into a harmonious system that keeps cash flowing and customers happy.
Ready to fine-tune your payment strategy? Learn more here
Find Your Solution
For more information, or to compare and find the best e-invoicing solution for your team, contact a Bectran specialist for a live chat.
