CRS Key Features

• Identify Possible Fraudulent Items - Clients can be established as positive pay customers. Once established, all paid items not issued are reported, and optional customer notifications produced. Reports and notices can also be produced for items presented not issued. These items are identified by a program that compares issued checks on file to Item Entry blocks.
   
• Minimize Losses - All items are accounted for once entered into CRS. Thus, the potential for item losses is eliminated. To minimize the number of items which require processing, paid checks are accepted and held until corresponding "issued" transactions have been entered.
   
• Generate a Complete Audit Trail - A complete audit trail enforces complete accountability for all items issued, paid, voided or deleted.
   
• Reverse or Delete Checks - Clients can reverse or delete any check, regardless of whether it has been paid.
   
• Track Transactions - All transactions entered in CRS can be traced to their original point of entry in a transaction block.
   
• Reduce Clerical Functions - Automation of reconcilement functions saves time and reduces the level of resources devoted to clerical functions.
   
• Reporting - CRS generates reconcilement reports that provide an institution with a complete transaction record. In addition, CRS generates exception reports for tracking unusual transactions.