positive pay software solution - PosPay

Leading Integration Provider to Nonprofits Develops Cloud-Based Positive Pay Solution for Blackbaud Financial Edge NXT Customers

June 26, 2018 – Charleston, SC – Omatic Software, the leading integration provider to nonprofits, and long-time Blackbaud partner, released PosPay Web, one of the first commercially available positive pay software solutions for Financial Edge NXT built with the SKY API.

“Working with the SKY API, we were able to step out of the traditional client/server architecture confines to provide a more robust and responsive cloud-based solution for our clients. Financial Edge NXT’s modern, RESTful services allow us to be agiler in our development and deployment,” said Shane Norris, Director of Product Development at Omatic Software.

The cost of dealing with fraudulent checks is not only related to financial fees but also impact to public trust and supporter confidence. While a Positive Pay solution is required by many banks to minimize financial losses, the reality is that the impact of a tarnished reputation is much costlier to a nonprofit. PosPay Web, the only Positive Pay software solution integrated directly into Financial Edge NXT, is a cost-effective solution to electronically monitor for check fraud, allowing organizations to focus energies on their missions.

David Vroblesky, Product Manager of Financial Solutions at Blackbaud, shared “Security is hugely important to both our company and our clients when it comes to sharing financial information and payments. Positive Pay is the standard in the industry, and Omatic Software’s PosPay Web, integrated with our cloud system, provides a first-class way to easily generate the file without manual processes. It saves time and will help more of our clients adopt these security processes.”

About Omatic Software

Omatic Software is dedicated to integrating disparate systems and democratizing data access for today’s nonprofits. Founded in 2002, Omatic has worked with thousands of nonprofits globally to remove their data barriers by integrating systems and enabling nonprofit teams to leverage their donor data rather than be burdened by it. The Omatic team has one goal – unleashing the power of data to show a complete view of your donor, enabling data-driven decision making and mission impact for nonprofit organizations.

About Financial Edge

Financial Edge NXT is a total cloud accounting solution designed to meet the unique needs of nonprofits and government entities. Built on Blackbaud’s more than three decades of expertise and experience, Financial Edge NXT delivers all the tools you need to manage financial reporting, monitor and track program success, support fundraising efforts, and ensure overall integrity for your organization. Intuitive, reliable, and secure, Financial Edge NXT can help streamline financial processes at your organization, so you can spend more time and resources to drive your mission forward.

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