It generally takes two weeks for an expense report to be reimbursed. Using Zoho Expense's ACH reimbursement feature, you can now bring that down to 3-5 business days.
If you feel 3-5 business days is still too long, you can opt for next-day reimbursement. Write to firstname.lastname@example.org and we'll take it from there.
Once a reimbursement is initiated, the employee can track its status at all times, from processing all the way until it's cleared.
If a reimbursement fails for any reason, you and the submitting employee will be informed about it via an in-app notification, so that you can quickly figure out what went wrong.
Set up merchant and withdrawal accounts
The first step is to set up your merchant account and withdrawal account (the one from which reimbursement money goes out). Enter your account details and submit them to CSG Forte, the online payment gateway that facilitates the money transfer process.
Add the deposit account for employees
Once the merchant account is verified and set up, you can create deposit accounts (the account into which the reimbursement money goes) for each of your employees.
Choose reimbursement option as ACH
After you've finished the account setup procedure, open the expense report and choose ACH as your reimbursement option. It is as simple as that.