Yes, electronic transfer via ACH is available. However, ACH transfers are not ideal for every school.
First, you should make certain that your school has the online capability of monitoring your bank credits daily and identifying incoming transfers based on specific training records you submitted for payment. Not all banks transmit the identifying information we send with each ACH transfer. Your accounting records can quickly become confused if your incoming transfers are not reconciled daily.
We recommend caution because Pilot Finance cannot provide account reconciling services for old discrepancies between your school’s accounting records and your bank balance. We can only provide records of recent transfers made and which invoices or charges these transfers applied to. We may have to assess fees for reconciliation work for activity earlier than the previous month.