Hi,
Adagio EFT Addon is $1050 including the 1st year annual Software Upgrade Plan Maintenance, from your Adagio Reseller. Your installation cost for the software could be as much as $1000 per CAD bank. This includes setting up the software, creating a test file that needs to be certified by the bank, assisting you soliciting your vendors for their bank account information, importing with templates into Adagio Payables, creating an email stub for the EFT remitttance advice and testing your emailing of email stub remittance. If you are doing EFT or (aka ACH payments in USA), the certification process could be more extensive and you should budget at least $2500 per bank.

When you consider the soft costs of stuffing envelopes and printing and hard costs of mailing checks, the EFT and ACH payment processing Adagio Add-on payback is a no brainer compared to generating hardcopy checks. We cannot understand why people still cut checks but if it isn't broke, why fix it. Until you look at the numbers.

It's about working smarter, not harder.

Best,
Brian
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Brian Stief,CPA,CA
Stief Group www.stiefgroup.com
Link2 Systems www.link2systems.com
800.540.3164