Remove Account Receivables Remove Deposits Remove Financial Accounting
article thumbnail

As Check Fraud Surges, E-Payments Provide a Solution

AvidXchange

Other fraudsters scan or copy a stolen check to print multiple fake checks payable from your account. Some brazen offenders will cash or deposit a stolen check themselves but most hire “ walkers ” to do the job for them. They’re paid a fee to cash the check or deposit it in the criminal’s account on their behalf.

article thumbnail

The best reconciliation software and tools in 2023

Nanonets

Confidence in your accounts: Automated reconciliation instills confidence in the consistency and accuracy of your financial accounts. It swiftly rectifies any instances of funds being deposited into the wrong accounts and ensures that critical financial decisions are based on reliable information.