Paychex Earns its Second Renewal of Nacha Certified Status
Summary
When the Nacha Certified program began in 2018, Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, was the first payroll provider to achieve Nacha certification. The Nacha Certified program helps Third-Party Senders in the ACH Network set themselves apart in today’s competitive market. To become Nacha Certified, an organization must meet rigorous standards in areas including ACH Rules compliance and risk management, as well as demonstrate sound corporate governance. Nacha develops rules and standards, provides industry solutions, and delivers education, accreditation, and advisory services. Backed by 50 years of industry expertise, Paychex served more than 710,000 payroll clients as of May 31, 2021 in the U.S. and Europe, and pays one out of every 12 American private sector employees.