[ B E N E F I T S ] Manage financials more effectively Reduce errors by streamlining manual data entry and cash application through Reduce administrative expenses Eliminate paper waste and repetitive manual data entry by moving routine accounting tasks online and automatically applying bank transactions directly to customer accounts. Improve productivity Streamline accounting processes with effortless electronic reconciliations, improved funds availability, line-item level control, and intelligent adaptation to your particular bank processes. Increase your financial security Manage your electronic banking in a security-enhanced environment that includes increased protection through check comparison, easy exception handling, and automated transaction matching. Access decision driving information Work smarter and faster by accessing transaction information online and applying transactions to accounts when they occur, rather than days or weeks later.

Import transactions from a lockbox and automatically apply payments to corresponding invoices.

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Upload payments for submission to your bank to take advantage of their Positive Pay service.

Electronic Funds Transfer
Post sales batches with associated payments and automatically generate an electronic file for transfer to your bank.

Securely transfer payments to vendors and employees or across accounts by transmitting your payables to the bank once you've processed them.

Conform to US bank-industry EFT standards with support for ACH format and most Canadian formats, including those of the Royal Bank of Canada, CIBC, and the Bank of Montreal.

Electronic Bank Reconciliation
Automate reconciliation of transactions and adjustments with downloaded bank data, using tools that work with any bank that supports automatic reconciliation.

Manage exceptions for transactions that aren't in your records, such as deposit reversals and altered check amounts.

Easily reconcile transactions and adjustments with electronic account information that integrates with the Bank Reconciliation module.

Communicate with your bank over any communications link with transaction downloading for later viewing and auditing.

Safe Pay
Add Positive Pay functionality, including daily exporting of checks for comparison by the bank when those checks are presented for payment.

Lockbox Processing
Easily process and match transactions from the lockbox file provided by your bank, with an intuitive user interface and line-item control.

Automatically import and apply customer payment information from your bank to open accounts, including outstanding invoices and other remittance or invoice information.

Easily set up multiple lockbox profiles and reuse them with easy mapping of key fields in the lockbox file - such as Bank Account or Check Amount - to the appropriate field within Accounts Receivable.
 

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