Electronic Funds Transfer allows LYNX Services the ability to send payments directly to your business’s bank account. Payments can be easily tracked and monitored. Check with your financial institution to inquire about utilizing EFT. EFT provides a variety of opportunities for a business. Some are listed below.
EFT is an efficient, convenient method of receiving payments
No waiting period for checks to clear the bank
No paper checks that might get lost, stolen or damaged
Payments are traceable
No trips to the bank to make deposit
Payments are deposited even when you are closed for the day
EFT will eventually eliminate reams of paper generated daily related to payments
EDI stands for Electronic Data Interchange. EDI is direct communication between computer systems, using national and international telecommunication networks. EDI messages are as basic as orders and invoices, but may be more complex information exchanges that will increase efficiency and be more effective for a business.
Invoices that are sent EDI to LYNX must originate
through a billing service or a computer owned by
the glass company. There are several auto glass software
vendors available that offer EDI features with their
software. A partial list of suppliers is available
on LYNX Services’ website.
Enclosed is a sample of the configuration requirements of the Point of Sale software required to EDI. You should check to the specific requirements of the software you select.
A: Windows 2000 or NT 4.0 service, Service Pack 6
B: Pentium III class CPU minimum 350MHz(500MHz or higher recommended)
C: D: 128 MB Ram
E: VGA Monitor 1024 x 768 graphics display
F: NT RAS installed
G: H: ISDN or lease line modem/router or dedicated phone line
I: ISP 24/7 continuous connection or dial up modem
J: K: Tape of Zip Drive-backup solution
L: CD ROM drive
M Internet Explorer 5.50 for transferring Data via the Internet
Additional software and hardware is required for additional workstations. At the bare minimum, EDI increases the speed and accuracy of trading communication, and cuts costs. EDI will give you better and more up-to-date information on which to make business decisions. EDI can link your business operations more closely to those of your key suppliers and customers, to the benefit of all parties in the supply chain.
