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To defend against fraudulent and unauthorized activity, businesses need an easy solution to reconcile between issued checks and those presented for payment at a bank or credit union. Traditional verification or manual security measures are no longer fast enough to keep up with tech-savvy criminals.
Wipfli built PositivePay as a check fraud prevention system built for Sage Intacct. It automates and streamlines the check verification process, with the flexibility to meet any bank formats and operate in lockstep with your financial institution.
How PositivePay enhances financial security and protection
We designed PositivePay to make check fraud detection easy and continuous. The system is fully integrated with Sage Intacct’s automated cash management module, eliminating manual entry and streamlining the monthly reconciliation process.
With PositivePay, check fraud prevention operates around the clock. Organizations have a detailed audit log of all submissions and follow-up responses, so nothing gets lost in the shuffle and files are always accessible for reporting and research purposes.
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Discover how our solutions can help you automate check verification and protect against fraudulent transactions.
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