Checkrun

Approval Workflow

Checkrun provides customizable approval workflows that allow businesses to define specific approval hierarchies and processes. This feature ensures that invoices and payments are reviewed and authorized by the appropriate personnel, enhancing control, accountability, and compliance within the accounts payable process.

Collaboration

Checkrun facilitates collaboration among team members by providing a centralized platform where users can access, review, and approve payments. This collaborative environment ensures transparency, reduces communication barriers, and accelerates decision-making processes within the accounts payable workflow.

Dashboard

Checkrun offers an intuitive dashboard that provides real-time visibility into the accounts payable process. Users can monitor payment statuses, approval workflows, and payment schedules, enabling them to make informed decisions and proactively address any issues that may arise, thereby improving operational efficiency.

Data Security

Checkrun ensures the security of financial data by implementing robust encryption protocols, secure access controls, and regular audits. These measures protect sensitive information from unauthorized access and potential breaches, maintaining the integrity and confidentiality of the accounts payable process.

Fraud Detection

Checkrun incorporates fraud detection mechanisms that analyze transaction patterns to identify and flag suspicious activities. This proactive approach helps businesses detect potential fraud early, allowing them to take corrective actions promptly and safeguard their financial assets.

Payment Processing

Checkrun offers comprehensive payment processing capabilities, including ACH and check payments. The platform automates payment scheduling and execution, reducing manual intervention, minimizing errors, and ensuring timely and accurate payments to vendors.

Payments

Checkrun enables businesses to make secure and timely payments to vendors through various methods, including electronic transfers and checks. The platform automates payment approvals and integrates with accounting systems, ensuring accurate and efficient disbursement of funds.

Reminders

Checkrun includes automated reminder features that notify users of pending approvals and upcoming payment due dates. These reminders help ensure timely processing and payment of invoices, reducing the risk of late fees and maintaining good vendor relationships.