AccuFund Representative Payee Software Solutions
The AccuFund Representative Payee software module is a standalone application designed for use by social service agencies and government agencies that serve as fiscal guardians for clients or patients who are unable to manage their finances (e.g. the elderly, mentally handicapped and drug-dependent). AccuFund Representative Payee provides tremendous time-savings for these organizations because it relieves them of the detail-intensive burden of coordinating accounting for individual clients.
Client Benefits
- Proactive management of individual client cash balances ensuring that clients' basic needs can be met
- Virtual bank accounts with combined checking account enabling many client bills paid to a single vendor to be paid on a single check
- Full integration to General Ledger to maintain financial audit trail
- Automated calculation of Representative Payee fees resulting in a more even cash flow
- Automated cash receipt function directly from bank supplied NACHA file
- Automated calculation and posting of distributed earned interest income
- Reduced check fraud through Positive Pay capabilities
- User defined reporting including Client Bank Statements and SSA annual accounting report
- Document storage to maintain SSA communications with client information
Our Clients
- Mental Health Providers
- Group Homes
- Organizational Representative Payees