Chesapeake is the financial solutions software and services provider for many industry-leading companies worldwide. With hundreds of clients spanning a wide variety of strategic vertical markets, Chesapeake systems are supporting customers engaged in banking, retail, insurance, healthcare, education, government, oil and gas, technology, e-commerce, and telecommunications.
Chesapeake’s unique software design allows each client, regardless of industry, to focus on individual best practices and processing requirements. With the seamless integration of our product suite, our clients benefit from our single vendor solution.
- Banking - T-Recs® Enterprise reconciles and tracks your internal accounts, including your Federal Reserve account, correspondent bank accounts, official checks, ATM activity, General Ledger accounts, and virtually any other type of accounts. T-Recs Enterprise also allows you to provide ARP and Positive Pay services to your corporate customers. In addition, Chesapeake’s Internet Data Manager ® solutions can open further revenue opportunities by allowing you to offer automated data collection to your clients. Using Chesapeake’s Unclaimed Property Compliance System (UPCS®), you can streamline this tedious function and help ensure you’re always in compliance with regulations in all jurisdictions.
- Insurance - T-Recs Enterprise automates the reconciliation of accounts that traditionally are manually intensive: disbursement accounts, suspense accounts, and GL to sub-ledger accounts. Chesapeake Internet Data Manager (IDM) further speeds reconciliation by automating the Internet retrieval of financial data. Chesapeake’s Unclaimed Property Compliance System (UPCS) delivers the functionality you need to manage the unique challenges that insurance companies face with regard to unclaimed property regulations. SmartAnalysis and SmartAnalysis RM allow you to analyze and manage all your banking relationships - a particularly challenging aspect of financial control for insurance organizations.
- Retail - T-Recs Enterprise follows the money for you, tracking receipts from collection at the store, to deposit at the bank. You know about missing deposits, late deposits, over/shorts, and potentially fraudulent activity as soon as it happens. T-Recs Enterprise also automates the reconciliation of credit card, debit card, gift card, and stored value card activity. As use of these payment methods increases, you are positioned to handle the reconciliation of the resulting activity effortlessly. Chesapeake Internet Data Manager (IDM) further speeds reconciliation by automating the Internet retrieval of financial data related to all your locations, banks, and card processors. Chesapeake’s Unclaimed Property Compliance System (UPCS) automates and streamlines your compliance with the regulations in all 54 jurisdictions that impact the management of unclaimed property. SmartAnalysis and SmartAnalysis RM deliver the detailed analysis and oversight of banking relationships and fees that is critical in a retail organization.
- Publicly Held Companies - T-Recs Enterprise helps publicly held companies prove their reconciliation process follows and enforces their financial controls. Identification of weak spots in the process, strong management reporting, documentation of corrective actions - T-Recs Enterprise helps you meet these challenges.