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SWK Technologies
SWK Technologies - Positive Pay for Accounts Payable

Positive Pay for Accounts Payable Natively built with Acumatica

Acumatica Certified Application

The Positive Pay for Accounts Payable EASY Solution makes it easy for your company to utilize the check fraud protection services provided by participating banks. Positive Pay for Accounts Payable generates an export file that includes specific details for each check issued by your company within Acumatica.

The Positive Pay export file is then transmitted to the bank using their file transmission procedure. When a check issued by your company is presented at the bank for payment, the bank validates details on the check by matching them to the payment details provided in the Positive Pay export file. In the event a check doesn’t match the details provided, an exception is reported to your company to confirm or reject payment.

Please contact your bank to determine if they offer positive pay services, the format they require for positive pay export files, fees, and transmission procedures.

Key features

  • Fully integrated into your Acumatica solution, making it easy to learn and use
  • Easily generate positive pay export files for individual or a batch of checks/voided checks issued within Acumatica
  • Detect fraud and reduce fraud losses by identifying items for review at the time of payment rather than during statement reconciliation

Industry Served

  • Cross industries

About SWK Technologies

SWK Technologies is a developer of software solutions for Acumatica Cloud ERP. We use Acumatica in our day-to-day business and have a team of certified consultants to assist the partner channel with our EASY Solutions. In addition to EASY Solutions, the software designers and developers at SWK Technologies can provide custom solutions that meet the unique needs of Acumatica users. We warranty our work and provide support to the partner channel on all of our EASY Solutions and customizations.

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