Friday, July 27, 2012

Automated fraud detection tool now integrated into MDS


For Immediate Release

TSH Releases Positive Pay Module for MDS ERP Software

Clifton, NJ. The Systems House, Inc.

A leading software provider for the Distribution Industry has announced the current release now incorporates Bank Positive Pay options.

What is Positive Pay?
Positive Pay is an automated fraud detection tool offered by the Cash Management Department of most banks. In its simplest form, it is a service that matches the account number, check number and dollar amount of each check presented for payment against a list of checks previously authorized and issued by the company. All three components of the check must match exactly or it will not pay.
 
MDS Allows for Positive Pay in three Ways:
• File Creation
Each bank has its own unique file format which MDS has built in templates for.


• File Transmittal
MDS will create the file and allow you to transmit the file via email, web upload or FTP


• Research The MDS Detail Check Inquiry will allow you to see who was paid on each check and email verification to the bank if requested.
 
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TSH remains committed to providing the best in customer service and support for our client base.

With responsive solutions and a large technical staff backing them up this is just one more example of the industry leading technology and solutions that are the core of Supply Chain Management for the Real World.

The Systems House, Inc. (TSH), formed in 1979, is a company with a long standing reputation for outstanding customer service. With in excess of 250 installed MDS clients throughout the United States and Canada, TSH is widely recognized as one of the premiere suppliers of software and computer solutions for the Distribution marketplace. TSH has made a corporate commitment to distribution, which assures our customers that the latest in technology innovation, so critical to their success in the complex and fast changing world of distribution, will be available when needed.


For more information on TSH or MDS call The Systems House, Inc. at 1-800- MDS-5556. Or send a message to sales@tshinc.com
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