DepositNow! has revolutionized small business finances by linking accounting procedures with remote deposit capture. DepositNow! is the first product in the industry that enables businesses to deposit check payments into any U.S. bank account while automating the accounting related to accepting those payments. DepositNow! runs within popular accounting systems to simultaneously match outstanding invoices to scanned checks and update accounts receivable, saving users time and money and reducing data entry errors.
âBankServ would like to thank BAI for honoring DepositNow! with the Innovation Moments Award,â said David Keenan, Vice President, BankServ. âWe worked hard to deliver a remote deposit capture product that allows financial institutions to truly meet the needs of small and medium businesses. BAIâs recognition, in conjunction with the tremendous marketplace success of DepositNow!, is a significant sign that we are achieving our goal.â
DepositNow! has also been recognized as a powerful innovation by the Sleeter Group with their â2007 Awesome Add-On Award for QuickBooksâ and with the CPA Technology Advisor Magazineâs 2007 Tax & Accounting Technology Innovation Award.
The BAI Retail Delivery Conference & Expo will showcase BankServ, along with other top solutions providers, to thousands of financial service professionals looking for innovative solutions to support their critical business needs. BAIâs annual conference fosters vital connections and networking between financial services professionals, industry experts and solution providers.