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Managing Accounts Payable

Positive Pay in the 21st Century: The Need for an ACH Response Is Clear

January, 2004

If you’re a regular MAP reader, then you already know that positive pay is the best protection available against check fraud. You may also think you know just about everything there is to know about positive pay—unless you heard Bank of America’s Barbara Weiss speak at IOMA’s recent Accounts Payable Conference & Expo about the recent advances in this area. Weiss spoke about payee name verification, the new technologies being used for that purpose, and the future possibilities for a new product, dubbed ACH positive pay.

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January, 2004 Table of Contents [ toggle snippets ]

  • An ACH Recruitment Toolkit You Can Use to Sign Up Your Suppliers
  • Positive Pay in the 21st Century: The Need for an ACH Response Is Clear
  • New Year’s Resolutions for A/P Pros Who Want to Get Ahead in 2004
  • Sarbanes-Oxley & A/P: A/P Managers Must Now Respond Quickly When Fraud Occurs
  • Staff Productivity: Metrics to Benchmark Monthly PO Invoices Handled per A/P Pro
  • Update on Combined State and Federal 1099 Reporting
  • Accounts Payable Managers’ Forum (04/01)
 

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