Foremost among our products is Positive Pay, an anti-fraud service offered by almost all major banks. Positive Pay prevents fraudulent activity on your checking account by enabling the bank to verify the authenticity of each check presented to the bank.

Each time you print checks, you send an electronic check register to the bank. When checks from your account are presented to the bank for payment, the bank compares the check to to the list of checks previously submitted electronically. If the check number and the amount match, then the check will be cleared. If any discrepancy is found, then the check is held for further review.

The Problem
The major problem facing most users of Positive Pay is the difficulty of creating and transmitting the electronic check register to their bank. Each bank has its own unique rules for formatting the data file. The data files must be formatted precisely as specified in order for the bank to accept it. To add further difficulty to the process, each bank has its own method of transmitting the data.

To further complicate matters, there are many different accounting packages on the market today. Each one of these packages stores its data in a different way.

Sorting through the complexities of formatting and transmitting the Positive Pay data files is beyond the ability of most users.

The Solution
The answer to all of these problems is Positive Pay software from Information Solutions. Our Positive Pay solutions have helped many of our customers successfully implement their positive pay systems.

We offer custom designed Positive Pay solutions to seamlessly link your accounting software with your bank's Positive Pay system. We also offer prepackaged solutions for Solomon Software Accounts Payable and Payroll modules, and are currently developing solutions for several other accounting packages.

Please contact our sales department today for more information about our Positive Pay solutions.