What are Customer Automated Fund Transfers (CAFT)?
Customer Automated Fund Transfers (CAFT) is a secure, web-based platform that simplifies how your business sends and receives payments. Whether you’re managing payroll, paying vendors or collecting from customers, CAFT helps you automate the process, saving time, reducing errors and improving cash flow.
Benefits of CAFT.
Automate outgoing and incoming payments, including payroll, vendor payments and customer collections.
No need to change your systems – just streamline them.
Supported by Conexus with local training, onboarding and ongoing guidance.
Compatible with most accounting software, allowing you to upload files and enter payments manually.
Built-in audit trails, user permissions and real-time notifications for full control and visibility.
What you can manage:
CAFT helps you manage a wide range of payment activities including:
- Payroll deposits for employees
- Vendor and supplier payments
- Collect payments for loans, mortgages, condo fees, donations, membership fees, utility bills, property taxes and more
- Customer pre-authorized debits (PADs)
- Government remittances
- Reoccurring and one-time transfer fees
- Internal transfers between business accounts
Who it's for:
- Small to mid-sized businesses looking to streamline recurring payments
- Organizations with payroll and vendor obligations that want to reduce manual processing
- Finance teams looking for better control, visibility and efficiency in their payment workflows
- Businesses using accounting software and want a seamless integration without changing systems
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