Positive pay

Integrate and automate your bank’s positive pay service

Take the hassle out of positive pay compliance and strengthen your business’s check fraud prevention.

Direct integration

Embed your positive pay processes directly within your ERP or accounting software.

Easy file transmission

Data from printed checks is automatically extracted, and a positive pay file for your entire check run can be sent to the bank in three simple clicks.

Comprehensive reporting

View the status of positive pay transmissions and easily monitor for any issues.

Simplified fraud prevention

 Protecting your business from check fraud is critical! FISPAN seamlessly brings your positive pay process into your ERP or accounting software by automatically fetching details from your printed checks and transmitting the required positive pay file to your bank in just three clicks. 

Embedded solution

Seamless integration

Designed to fit directly within your financial management software’s standard check printing functionality to minimize disruption to your established workflows.

Gain efficiency

Time savings

Eliminate the manual effort required to generate and transmit positive pay files, freeing up your team to focus on more strategic priorities.

Reduce errors

Improved accuracy

Automated data extraction and file formatting reduces the risk of errors that can lead to check fraud or reconciliation problems.

Regulations

Enhanced compliance

By seamlessly integrating into your ERP system, FISPAN automates the complex process of issuing positive pay files. This ensures that you not only meet your bank’s requirements but also adhere to industry regulations with ease.

strengthened-security

Frequently asked questions

Positive pay is a fraud prevention service offered by banks to help protect businesses from check fraud. It involves submitting a list of issued checks to the bank, which then compares presented checks against this list to detect any discrepancies or fraudulent checks.

Integrating positive pay with your ERP system streamlines the process, reduces manual effort, minimizes errors, and ensures seamless compliance with your bank’s positive pay requirements.

FISPAN is designed for seamless integration with leading ERP and accounting systems, including Oracle NetSuite and Sage Intacct, ensuring compatibility and ease of use for businesses across various industries.

FISPAN provides comprehensive support throughout the integration process, including setup assistance, training resources, and ongoing technical support to ensure a smooth and successful implementation of positive pay within your ERP or accounting system.

Ready to get started?