AUTOMATED PROCESS FOR APPROVING CHECKS ON PROTECTED ACCOUNTS
As an alternative to the manual positive pay process SENTRY: Payee Positive Pay™ can automate this resource intensive and time consuming function.
Financial institutions also can take advantage of SENTRY: Payee Positive Pay™ to ensure their business customers’ checks are being cashed by the intended individuals. SENTRY: Payee Positive Pay™ will:
Automatically review positive pay client checks
Compare the payee name from check images against the client issue file
Flag items that do not match the issue file for further investigation by the bank