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CentrixPIQS™ Automated Reporting

The Centrix Payments I.Q. System (CentrixPIQS™) provides financial institutions with the technology to ensure compliance, mitigate risk and manage ACH and other types of payment activity. With CentrixPIQS, FIs can track both originated and inbound ACH activity with simple and intuitive reporting while also safeguarding against ACH fraud with calendaring and validation of originated files.

The CentrixPIQS Automated Reporting Module is an add-on tool used to simplify compliance and facilitate the review of ACH originators, allowing financial institutions to automate the production of ACH activity reports and drastically reduce the effort and time needed to monitor vital ACH indicators.

Traditionally, manually producing ACH reports for audit purposes or board reporting is a time-intensive and inconsistent process. With Centrix’s automated reporting, users can have reports waiting for them when they’re needed, cutting reporting periods significantly and ensuring consistency by generating reports with the same criteria each time. The module simplifies operations by defining reports with parameters like groups and scheduling, allowing the FI to deliver output reports without human intervention.

Features include:

  1. The Automated Reporting Module allows an FI to save commonly used report filter criteria and schedule reports for automatic recurring creation.
  2. The module drastically simplifies audit compliance, automating the production of ACH activity reports, reducing the effort and time needed to monitor ACH indicators.
  3. FIs can deliver output reports without human intervention, saving valuable time and resources.
  4. FIs can cut reporting periods significantly, ensuring consistency by generating reports with the same criteria each time.

Q2 Holdings, Inc.
www.q2ebanking.com

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