Acquaint has the ability to create a bulk payment file that allows you to pay all landlords or contractors in bulk rather than one by one in your bank.
The increase in efficiency in processing rent is substantial when our clients have implemented this.
For example: If paying one landlord takes 3mins in the bank and you pay 50 landlords, this takes 150mins. You can upload one file in 3mins to pay these so that is 50x quicker.
Before we start :
Here is how to add your OIN into Acquaint.
Note: AIB is SEPA 1.0 and BOI is SEPA 1.1
Here is where to pick the correct SEPA format.
In order to be able to make these payments, you need to make sure that you enter the bank details for the contacts you are going to pay. Here is how to do this in Acquaint.
Note: These only has to be done once and is saved for all future payments
Once the above is done you will be able to generate the bulk payment file. Here is how to do this in Acquaint.