SurePay, the inventor of the IBAN-Name Check, is proud to announce the integration with Exact Online. With this integration, users can prevent fraud, errors and reputational damage by checking whether IBAN & name match before a payment is made.
Organisations run unnecessary risk of fraud
Dutch banks do not perform IBAN Name Checks on payment batches. This creates the risk of transferring money to wrong accounts or to people with incorrect ascriptions. As a result, fraud often takes place undetected, for example by paying fake invoices.
With the SurePay IBAN Name Check portal, users now have the ability to perform these checks themselves, directly from their Exact App Store. For example, when enrolling a creditor, new customer or employee.
Prevent fraud and reputation damage, save time
With just a few clicks, companies can automatically check their accounts or payment batches for correct bank account numbers and ascriptions, and correct any errors automatically. This minimises the risk of errors and fraud and strengthens the accuracy of financial data.
Moreover, it is possible to download a PDF of matching results, as proof for both your internal and external audit.
The AFM recently called on accountants to spend more time detecting potential fraud at companies. Here, the IBAN-Name Check integration is a major step in the right direction.
“With the addition of the SurePay IBAN-Name Check portal to the Exact Online App Store, we offer our users a powerful tool to prevent fraud, avoid errors and prevent reputational damage,” said Ramon Verweij, Head of Marketing at SurePay. “We are delighted to collaborate with Exact and help their customers simplify their payment processes and ensure accurate financial data.“
The SurePay IBAN Name Check portal is now available in the Exact App Store. Learn more at https://surepay.nl/exact-online/ or contact [email protected]
