Check fraud is a growing crime, and a Positive Pay partnership with your bank is your organization's best defense. The Positive Pay process is simple, but many businesses struggle to create a file that meets their bank's requirements.
Participating in your bank's Positive Pay program makes a lot of sense, but it requires you to format check-issue files into your bank's required format and regularly transmit them to your bank. However, any file you output from your accounting package will not match your bank's unique file format, and hiring your accounting software provider or a consultant to create a custom solution will cost thousands of dollars.
SecurePay software is the easiest and most economical way to implement Positive Pay protection with your bank. It is also the easiest and quickest way to automate the ongoing process of creating and sending fully-formatted Positive Pay files to your bank.
Thousands of customers, from all of the major banks, using virtually any accounting application have turned to AP Technology to facilitate the Positive Pay process.