automatic bank reconciliation from OnlineCheckWriter will help the customer recognize even minor banking errors and thus enhance the accounting system
How is banking data reconciled?
OnlineCheckWriter correctly helps automatic bank reconciliation. We integrated with more than 18000 banks, and thus all the banking transactions of a customer are made available at a single place. Many of the customers possess more than one account, and by this integration, the bank data of multiple banks will be available at a single location. It helps the customer cross-check all the transactions carefully against the check issued by matching the check number. It also gives an idea regarding a check’s status, whether it has been cashed or is yet to hit the account. This automatic bank reconciliation method will help customers with better planning. It also aids in avoiding check bounces.