Guarding Your Business Against the “Monsters” of Check Fraud
Autumn brings cooler weather, changing leaves, and Halloween fun — but for many businesses, it’s also a season where fraudsters lurk in the shadows, looking for vulnerabilities in your payment processes. Check fraud continues to be one of the scariest risks facing organizations, according to the Association for Financial Professionals (AFP). Without the right protection, your business could be in for a real Nightmare on Elm Street.
That’s where Positive Pay comes in — your safeguard against check fraud — especially when paired with Checkrun—the modern, remote, and automated check printing solution used by businesses across America.
What Is Positive Pay?
Positive Pay is a fraud-prevention service recommended by banks that cross-checks issued checks against those presented for payment. You send your bank a file of checks you’ve written; if a fraudster tries to cash one that doesn’t match your list, it’s flagged and returned before payment can be made.
Why Positive Pay Alone Isn’t Always Enough
While Positive Pay is effective, it works best when paired with automated tools that reduce human error and ensure accuracy. If your team is still manually printing, signing, and mailing checks, mistakes can creep in — and fraudsters thrive on mistakes.
This is where Checkrun’s remote and automated check printing solution saves the day.
How Remote & Automated Check Printing Strengthens Positive Pay
When integrated with Checkrun, Positive Pay becomes even more powerful:
- Checkrun automatically generates Positive Pay files, reducing the risk of errors that could cause legitimate checks to be rejected.
- Real-Time Remote Approvals: Approvers can review and sign off on checks from anywhere, right from their mobile device. No chasing down signatures or delaying payments.
- Secure Print & Mail Services: With Checkrun’s same-day print and mail option, checks are printed securely and sent directly to vendors, minimizing the risk of check tampering.
- Automated Workflows: Configurable workflows ensure only authorized checks are issued, keeping your Positive Pay file accurate and fraudsters out of the picture.
This Fall, Don’t Let Check Fraud Haunt Your Business
Fraudsters are always looking for their next victim, but your business doesn’t have to be one of them. By combining Positive Pay protection with Checkrun’s remote and automated check printing, you can keep scary fraudsters from creeping into your accounts payable process.
As you enjoy pumpkin spice season, make sure your business is protected with the right mix of prevention, automation, and security — that’s the right recipe for payment issuance done right.
