Cherry

Additional features

Integration with Accounting Software

CHERRY seamlessly integrates with popular accounting applications like QuickBooks, allowing users to manage and process payments directly from within their existing accounting system without needing to switch platforms.

Generation and Approval of Virtual Checks (vChecks)

When a payment is initiated in the accounting software, CHERRY creates a virtual check (vCheck) that can be reviewed and approved digitally. This process simplifies payment approvals and ensures accuracy before submission to the bank.

Bank Transfer and Auto Reconciliation through the SHTAR™ Plugin

The SHTAR™ plugin facilitates direct bank transfers and automates the reconciliation of transactions. This feature ensures that payments are processed efficiently and reduces manual reconciliation efforts.

Multi-Factor Authentication

Enhances security by requiring additional verification steps beyond just a password. This extra layer of security helps protect against unauthorized access and fraud.

BEC & Takeover Security

Protects against Business Email Compromise (BEC) and account takeovers by implementing security measures that prevent fraudulent activities and unauthorized access to sensitive financial information.

Enhanced Transaction Metadata

Provides detailed information about each transaction, such as timestamps and transaction descriptions, which aids in tracking, auditing, and managing payments more effectively.

Automated Positive Pay

Automatically verifies and validates checks against a list of issued checks to prevent fraud and ensure that only authorized payments are processed.

Digital/Virtual Checks

Allows for the creation and processing of digital checks, which eliminates the need for physical checks and speeds up the payment process while reducing the risk of lost or stolen checks.

Payee Name Verification

Confirms that the payee’s name matches the details on file to avoid errors in payment processing and ensure that funds are correctly allocated to the intended recipient.