Any time money is going out, you want to make sure it's getting to the right place. Whether you're paying your employees, vendors, or suppliers, ensuring that funds are delivered on time and accurately is paramount to maintaining your reputation in the marketplace.
Our Check Reconciliation Service mitigates check fraud on your account by reconciling the checks written to the checks processed to ensure that amounts match and no additional fraudulent checks were processed.
It can also help reduce the amount of time you spend on manual account administration by automatically recording transactions and generating reports detailing account activity and current balances. Check reconciliation is enabled by Positive Pay, an advanced, web-based security tool that can help you mitigate check and ACH fraud to prevent financial losses.
Rest assured that scheduled one-time and batch ACH transactions can be reconciled from end-to-end, ensuring that no fraudulent transactions are executed on your accounts without you knowing immediately.
ACH reconciliations is enabled by Positive Pay, an advanced, web-based security tool that can help you mitigate check and ACH fraud to prevent financial losses.
Send EFT payments via Batch ACH
Our Batch ACH offering allows you to upload multiple ACH transfers in a templated format using online tools. Each transfer is then validated and processed in a single batch, saving you time from entering one at a time. Batch ACH is a great solution for payroll execution or paying your vendors and suppliers quickly, avoiding time consuming check writing and postage costs.
Want to know what else you can do to streamline your payables management?
Whether you're considering switching from your existing institution or just beginning to scale your business to require additional services, you can get started with a free consultation with a Commercial Banker. They will walk you through the options that make sense for your business and offer guidance at every step of the process.