What is Centrix Exact/TMS?

Every year, check fraud results in substantial financial losses, totaling billions, which affects businesses and banks of varying sizes. Moreover, the increasing volume of ACH payment transactions has escalated the potential for ACH fraud. This form of white-collar crime is now a pressing issue not just for large banks, but also poses significant risks to smaller businesses. To address this escalating threat, financial institutions must prioritize the implementation of positive pay and ACH monitoring as core elements of their business banking services. Exact/TMS provides an all-encompassing transaction management solution that combines check positive pay with payee verification, ACH positive pay, and thorough account reconciliation, giving financial institutions a powerful tool for fraud prevention that meets the transaction management needs of corporate clients. In addition, automated notifications inform clients whenever there are exception items, along with email alerts concerning ACH activities, which ensures that proactive communication and security measures are firmly established. This comprehensive strategy not only improves fraud detection capabilities but also bolsters the level of trust that clients place in their financial institutions, ultimately fostering stronger relationships. Such efforts are crucial in building a resilient financial environment in the face of evolving threats.

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Company Facts

Company Name:
Centrix Solutions
Date Founded:
2002
Company Location:
Australia
Company Website:
www.centrixsolutions.com/products/tms/

Product Details

Deployment
SaaS
Training Options
Documentation Hub
Webinars
Support
Standard Support
Web-Based Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English

Centrix Exact/TMS Categories and Features

Expense Report Software

Approval Process Control
Invoice Management
Multi-Currency
Receipt Management
Reimbursement Management
Spend Control
Time Tracking
Workflow Management