Using Cozy for ACH transfers. Automating rent payments

[Nick Bleser]

I'm thinking about using Cozy for ACH bank transfers. I'm hesitant because there is a 5 day processing period. For those that use Cozy do you get a notification that the transfer is in process? If someone initiates payment on the 1st of the month it's possible the rent won't be received until after the 5th(which is the end of our grace period).

Any thoughts on Cozy or other means of automatic rent payments are appreciated.

Thanks in advance!