FNB Business helps protect high-volume accounts with mobile access to Positive Pay, FNB's account reconcilement
Provide Full Account Reconcilement
, Positive Pay Services, Electronic Fraud Protection, Electronic
Some initiatives are already implemented; others are planned for 2003-2004, and they will have an impact on corporate accounting systems, account reconcilement
and audit processes and other basic record-keeping functions.
Talk to your bank about payroll services, account reconcilement
support, check collection, wire transfers, electronic support, merchant card services and retirement plans, including 401(k)s and simplified employee pension plans.
The bank will provide full account reconcilement
, positive pay, electronic fraud protection, online tax payments, electronic deposits and disbursements, online wire entry, and online stop payment placement.
A company having difficulty with account reconcilement
, for example, may purchase new software, engage an outsourcing provider, or, if it gets the job done, simply relax its reconcilement rules and move on.
Everyday, the corporate client sends its bank a report of checks issued, which the bank enters into its account reconcilement