Centrix Exact/TMS Description

Each year, check fraud results in financial losses amounting to billions, impacting businesses and banks of all sizes. Furthermore, the rise in ACH payment transactions has led to a heightened risk of ACH fraud. This type of white collar crime is no longer solely a concern for large banks, nor is the associated risk confined to major corporations. To combat this growing threat, it is essential for financial institutions to incorporate positive pay and ACH monitoring as fundamental components of their business banking services. Exact/TMS serves as a comprehensive transaction management solution that integrates check positive pay with payee verification, ACH positive pay, and complete account reconciliation, equipping financial institutions with a robust tool for fraud prevention tailored to the transaction management requirements of corporate clients. Additionally, automated notifications are sent to clients when exception items arise, alongside email alerts regarding ACH activities, ensuring proactive communication and security measures are in place. This multifaceted approach not only enhances fraud detection but also strengthens client trust in financial institutions.

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Company Details

Company:
Centrix Solutions
Year Founded:
2002
Headquarters:
Australia
Website:
www.centrixsolutions.com/products/tms/

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Product Details

Platforms
Web-Based
Types of Training
Training Docs
Webinars
Customer Support
Business Hours
Online Support

Centrix Exact/TMS Features and Options

Expense Report Software

Approval Process Control
Invoice Management
Multi-Currency
Receipt Management
Reimbursement Management
Spend Control
Time Tracking
Workflow Management

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