Chesapeake IDM
Retrieving financial data from outside sources is a vital part of successfully managing your financial operations. Yet, the process can be time-consuming, expensive and hard to control. Collecting data from third-party websites typically requires either tedious, daily, one-at-a-time manual web sessions with banks and credit card processors or expensive, cumbersome contracts with third-party data collectors.
Simplify Financial Data Exchange with Chesapeake IDM
Chesapeake IDM™ (Internet Data Manager) offers a quicker, less expensive, more efficient solution. IDM puts you in control, fully automating all download and upload processes. IDM efficiently collects your third-party financial data automatically, regardless of the number of sources or accounts involved, eliminating the need for time-consuming manual efforts and the cost of outside data collectors. IDM harnesses the power of the Internet to streamline financial
data exchange, supporting account sweeping, general ledger posting and daily account reconciliation activities.
Chesapeake IDM Key Features:
• Automatically interfaces with any institution that allows Internet account access – including all major banks and virtually 100% of small banks
• Downloads any data available on the Internet – from balances and transactions to exception items to account analysis
• Uploads transaction files containing payments and transfers
• Automatically manages user interface requirements including authentication, password changes and session scripting
• Interfaces seamlessly with Chesapeake’s T-Recs® Enterprise, SmartAnalysis® and SmartTreasury® solutions, as well as a host of other utilities and back-office systems
• Incorporates financial institution calendars so data requests fall within normal business hours
• Requires minimal setup on the front end and works in the background to process and integrate information from virtually any Internet source
• Provides email and system reports confirming that data have been processed
Simple to Implement, Easy to Use
Getting started with IDM is fast, and there are no special bank authorizations or fees required. Chesapeake provides macros, which emulate an online session on each financial website, that automate all processes associated with exchanging data, including automatically changing passwords when required. Processing is protected by secure communications, encryption and IDs and passwords that never have to be shared with outside parties. The result: efficient, secure data collection.
Chesapeake provides all of the macros to emulate a secure online session on each financial website you need to reach.
Chesapeake IDM – all the connections you need. To find out more about the benefits Chesapeake IDM can deliver to your organization, click the links below.
Click HERE to contact us or call 410-356-6805 for more information.
