Quest Trust Company Considerably Decreases A/R Processing Times with Solutions

Quest Trust Company uses ACH Connect and Payology Check Scanning for Salesforce. As a self-directed IRA custodian, its business team requested the ability to allow its clients and third-party sponsors to pay rent, notes, and dividend payments directly on their website. In addition, with the use of Payoloby Check Scanning, its Salesforce users scan checks and remittance advice, applying items to assets, rollovers, transfers, contributions, etc. With the accounts receivable process streamlined, Quest Trust Company was able to reduce its time of allocation by up to 70%.

Millenium Trust Company Adds Payology Check Scanning for Salesforce

Millennium Trust Company, a self-directed IRA custodian, is working with the team to expand its usage of the Payology Check Scanning app. With the self-directed IRA extension, MTC is able to scan checks, apply them to assets, rollovers, client payments, and transfers. Millennium Trust Company further streamlines their accounts receivable process by using the Payology Check Scanning split-team function enabling multiple teams to work on many batches simultaneously.

What solutions do Self-Directed IRA Custodians use?

Self-Directed IRA Custodians using Salesforce benefit from adding Payology Check Scanning and ACH Connect for Salesforce apps to their orgs. Using Payology Check Scanning for Salesforce allows IRA Custodians to scan checks and remittance advice and apply them to financial accounts, assets, split-assets, contributions, rollovers, etc. ACH Connect allows SDIRAs to collect rent, notes, and dividend payments from users online. A reduction in allocation time most commonly exceeds 60%.