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Looking for a way to reduce your monthly bank reconciliation in your Sage MAS 500 system? Positive Pay for AP does just that.
In addition, check fraud is a major concern that needs attention. Positive Pay helps prevent check fruad by means of a digital confirmation of checks issued for payment.
The Positive Pay for AP software from The Macabe Associates, Inc., produces Postive pay output files from Sage MAS 500 system. Basically the system will create text files that notify the bank of each check you have issued and each check that has been voided. This then confirms all checks submitted to the bank for payment were issued by your company and not voided. The files sent to the bank contain information such as check number, check status, date issued, and amount.
The system helps reduce your exposure to the risk of check fraud while reducing the bank reconciliation process to unmatched items only. The Positive Pay for AP application will give your business a priceless level of added security.
Positive Pay for AP works in hand-in-hand with your Sage MAS 500 accounting system.
"Positive Pay for AP" is part of the Macabe MAS 500 EASY Solutions line of products, developed by The Macabe Associates.
Macabe MAS 500 EASY Solutions is a horizontal product. It offers functionality designed for usage across a wide variety of industries and business types.