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Step | Process Description | Frequency | Scheduled Time | Comments |
|---|---|---|---|---|
1. | ACH file extracted from DATABASICS via Profiles | Manually triggered or scheduled per client preference | Manually triggered or scheduled per client preference | Picks up "Approved" expense reports that have not yet been previously processed for ACH payment |
2. | Extracted files sent to the bank for processing | Daily | 11:00 AM EST | |
3. | Payments processed and money transferred to the user's account | 3-4 Business Days from the day when the extract was run |
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