ACH audit Solutions
We understand that no two third parties are the same, and neither are your ACH audits. With that in mind, we offer four customized options that speak directly to your unique needs, organizational size, scope, and budget.
IAS
Includes:
- The Internal Audit Solution (IAS) is an interactive, cloud-based solution designed to guide small-to-mid-sized businesses through the Nacha ACH Audit requirement. The IAS platform translates the Nacha Rules into industry-specific vernacular and gives you the flexibility to do the audit on your time! The solution includes a Get Ready Audit webinar, videos, resources, testing spreadsheets, a custom report of your responses, findings, recommendations, risk management considerations, and a Statement of Audit Completion.
- Industry and Payments-specific solutions
- Educational videos
- Tips and downloadable resources
- Auto-generated findings & recommendations
- Auto-generated risk considerations and rating
- Test Materials
- Easy-to-use test instructions
- Test templates
- Proof of Audit Completion
- Downloadable workpapers
- Audit Statement of IAS Completion Form
- Ideal for small-to-mid-sized businesses with a straight forward ACH operating environment, originating only PPD, CCD or CTX Standard Entry Class Codes.
- $450
IAS Hybrid Standard
Includes IAS Basis Plus:
- The Hybrid Standard version is designed for small-to-mid-sized businesses and includes all the features of the IAS, with limited internal testing. The Hybrid Standard leverages the skills of an OAS Accredited ACH Professional (AAP) to perform the detailed origination and return file testing. A dual statement of audit completion will be provided.
- Hybrid Standard additions:
- Kick-off and one (1) scheduled audit update call
- Remote exit conference call
- Shared Testing
- Agreements and Exposure limit testing performed by end-user
- OAS performs all file testing using RegTech data analytic software
- Audit Report & Dual Statement of Audit Completion
- End-User Audit Statement of IAS Completion
- OAS Audit report and Statement of Audit Completion
- Ideal for small-to-mid-sized businesses with multiple products, processors or ODFIs, originating only PPD, CCD, or CTX Standard Entry Class Codes.
- $1,100
IAS Hybrid Plus
Includes IAS Hybrid Standard Plus:
- The Hybrid Plus version is the closest solution to a full-service audit and is designed to meet the needs of small-to-mid-sized businesses. The Plus version comes with a modified version of the IAS that includes no testing requirements for internal teams. An OAS Accredited ACH Professional (AAP) will peer-review your IAS responses and perform all testing. A dual statement of audit completion will be provided.
- Hybrid Plus additions:
- All Audit testing performed by AAPs
- Kick-off and two (2) scheduled audit update calls
- Peer Review
- Peer review of end-user's Hybrid Plus responses
- Audit Report and Dual Statement of Audit Completion
- End-User Audit Statement of IAS Completion
- OAS Audit report and Statement of Audit Completion
- Ideal for small-to-mid-sized businesses with multiple products, processors or ODFIs, originating only PPD, CCD, or CTX Standard Entry Class Codes.
- $2,500
Full-Service
Includes:
- The Full-Service product offering is our most comprehensive ACH Audit. The audit program is tailored to include all the Nacha Rules requirements applicable to the businesses' ACH processing activities, and includes all Standard Entry Class Codes.
- Consultative Audit Approach
- Custom audit program
- Compliance & control testing
- Includes all Standard Entry Class Codes
- Severity rating
- Review of upcoming Rules & impact analysis
- Enhanced Testing
- RegTech data analytic software
- OAS' AAPs Provide
- In-person or remote service
- Kick-off and audit update calls
- Exit conference call
- OAS detailed report and Certificate of Completion
- Ideal for all businesses looking to partner with ACH experts for a full-service audit experience, including all ACH Participant roles and responsibilities and Standard Entry Class Codes.
- Request a Proposal
IAS Product Demo
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