Laru launches ACH FileFox Standard

The producer further reveals that ACH FileFox Standard integrates into enterprise accounting systems and complements ACH Clarity, Laru’s ACH risk and compliance management software used by financial institutions to monitor ACH traffic. Via the ACH FileFox Standard, a business can manage its ACH files and ensure their submissions are compliant with NACHA standards and regulations.“The features of this product enable businesses to create and verify ACH files for compliance with NACHA, ABA, IAT and OFAC compliance. Once ACH File Fox Standard generates the ACH files for submission to the bank, there is very low risk that the file will be rejected or have issues requiring intervention from the bank”, explains Ben Waidhofer, CEO Laru Corporation.ACH FileFox Standard integrates similar features to those found in ACH FileFox Professional, Laru’s product for financial institutions that assists operations staff and auditors in researching ACH file contents and resolving ACH transaction issues.Laru’s products suite includes ACH Clarity, ACH FileFox Professional and ACH FileFox Standard. The ACH FileFox Standard is engineered using Microsoft .Net standards and functions as a Windows application.