Advisory Services


PAR/WACHA’s Advisory Services are designed to help you optimize your processes, manage risk, strengthen controls and access support resources.  Our experienced advisors will analyze your policies and procedures to provide you with objective and professional advice regarding your current operations, as well as, the implementation of new applications.  We offer advisory services in the following areas:

 

ACH Operations support:

PAR/WACHA understands your compliance needs and the responsibilities that are associated with handling ACH transactions (both receiving and originating entries). We will help you determine your risks and the controls that you can implement to minimize them. We can assist you in the following ACH Operation areas:

  • Policies
  • Agreements
  • Implementation Plans
  • Exception Processing /Error Resolution
  • Federal Government Payments
  • OnBoarding
  • Best Practices/Procedures
  • Software Requirements
  • Treasury Management

 

 

Third-Party Sender Identification:

Third-Parties are currently a hot topic in the payments arena and they are getting more and more attention from regulators. At PAR/WACHA we understand that sometimes it can be difficult to identify these relationships – even in your own origination portfolio. Let us assist you with your Third-Party Sender Identification to ensure your compliance with the NACHA Operating Rules, BSA/AML, and knowing your customer. 

 

 

Remote Deposit Capture (RDC) support:

PAR/WACHA’s advisors will assist you in understanding the benefits and risks (along with mitigating controls) which come with your remote deposit capture operations. We can assist you with corporate, consumer, and mobile RDC Operations in the following areas:

  • Policies
  • Agreements
  • Best Practices/Procedures
  • Error Resolution
  • On Boarding
  • Implementation/Vendor Selection
  • Error Resolution
  • On Boarding
  • Implementation/Vendor Selection

 

 

Don’t see what you are looking for? No Problem!

Let us know what Payments area you need assistance with and we will do our best to advice you. Examples include:

  • Corporate Account Takeover
  • Cross Channel Risk
  • Board Reporting

 For more information on PAR/WACHA’s Advisory Services, please contact us: (262) 345-1245 / compliance@wacha.org