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That's what makes Chesapeake System Solutions the right choice for superior treasury management solutions. Chesapeake is an industry leader in automated reconciliation, treasury workstation, account analysis and compliance software solutions. Chesapeake's growing success evolves from its powerful combination of customer and industry-driven software, personalized customer support and advanced technology and functionality.


Chesapeake is the treasury software and services provider for many industry-leading companies world- wide. Chesapeake's hundreds of clients span strategic vertical markets including: banking, retail, insurance, healthcare, education, government, oil & gas, technology, e-commerce and telecommuni- cations.

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, companies benefit from our single vendor solution.


Chesapeake provides industry leading end-to-end treasury solutions that seamlessly integrate cash management with reconciliation, account analysis and regulatory compliance functions. With information shared across all applications, you can optimize funds management, speed account reconciliation and simplify compliance with audit rules and financial regulations. The result: actionable information and productivity improvements that can benefit a wide range of organizations.






One for Column A

Kathleen B. Wynn is Senior Vice President and Product Manager for Chesapeake’s T-Recs® Enterprise Software and the author of “One for Column A” published in the July/August 2008 issue of AFP Exchange.

Automating Reconciliation for the Entire Balance Sheet

Automating reconciliation used to be an activity limited to Treasury departments, and typically focused on cash accounts. With the advent of Sarbanes-Oxley and other corporate governance standards, automating cash account reconciliation is no longer sufficient. Corporations must implement a repeatable process for reconciling the entire balance sheet. This is often a big challenge for organizations due to the differing nature of the various balance sheet accounts. What works for cash may not work for Fixed Assets, and what works for Fixed Assets may not work for prepaid accounts. What is the best approach to take to meet regulatory requirements, leverage existing processing, and not reinvent the wheel? The good news is that this path has been traveled by many organizations, and there are well defined guidelines and solutions out there for the taking....

Texas A&M Harnesses the Power of Chesapeake’s T-Recs Enterprise

 Single Solution Reconciles General Ledger and Identifies Business Process Improvements

 Owings Mills, Md.-- Chesapeake System Solutions, Inc.® (www.chessys.com), an industry leader in providing integrated software solutions that simplify the complexities of financial and treasury management operations, today announced that Texas A&M University, a research university in College Station, Texas with over 47,000 students, is using T-Recs® Enterprise to reconcile its balance sheet. Notably, Texas A&M’s main financial department, Financial Management Operations, is using T-Recs Enterprise to reconcile more than 200 accounts, including those of two other members of the statewide Texas A&M University System: Texas A&M–Galveston and the Texas Veterinary Medical Diagnostic Laboratory. Texas A&M plans to bring on hundreds of additional accounts in the near future. This rollout is a direct outgrowth of the confidence inspired by the financial controls within T-Recs Enterprise and the time efficiencies the solution has reaped.

Central Bancompany Mitigates Risk with Chesapeake’s T-Recs Enterprise

 Single Solution Consolidates Cash and Non-Cash Reconciliation, Exception Management and Workflow across 13 Community Banks

 Owings Mills, Md. --Chesapeake System Solutions, Inc.® (www.chessys.com), an industry leader in providing integrated software solutions that simplify the complexities of financial and treasury management operations, today announced that Central Bancompany, Inc., a full-service financial institution based in Jefferson City, Mo., is successfully using T-Recs® Enterprise and Internet Data Manager (IDM™) as central components of efforts to minimize operational and financial risk. Central Bancompany, which has nearly $8.5 billion in assets, serves markets in Missouri, Illinois, Kansas and Oklahoma through 13 community banks with approximately 175 locations. Central also operates a full-service trust affiliate.

Leading Global Business Process Outsourcer Purchases Chesapeake System Solutions’ T-Recs® Enterprise

 Application to Support Finance and Accounting Outsourcing for Multinational Commercial Firms

 Owings Mills, Md. -- Chesapeake System Solutions, Inc.® (www.chessys.com), an industry leader in providing integrated software solutions that simplify the complexities of financial and treasury management operations, today announced that a global provider of business process outsourcing and information technology services and solutions, has purchased Chesapeake’s T-Recs® Enterprise software. Under the terms of the agreement, the firm obtained an enterprise-wide license, which will allow it to make this robust technology available to all its clients. Chesapeake understands that the company plans to employ T-Recs Enterprise in its worldwide operations centers eventually, but will first deploy the technology in finance and accounting outsourcing activities....

Chesapeake’s T-Recs Enterprise Offers All-in-One Financial Governance Solution

Application Provides Both Account Reconciliation and Review-and-Approval Functionality for SOX Compliance

 Owings Mills, Md. -- Chesapeake System Solutions, Inc.® (www.chessys.com), an industry leader in providing integrated software solutions that simplify the complexities of financial and treasury management operations, today announced the availability of a powerful, all-in-one application that helps organizations comply with the Sarbanes-Oxley Act of 2002 (SOX) and other corporate financial governance standards. T-Recs® Enterprise, which stands for Total Reconciliation Solution, gives corporations the ability to satisfy the broad requirements imposed by these regulations, which include implementing internal controls and procedures for financial reporting and attesting to their effectiveness. Most applications automate either a review-and-approval system or a matching process...

 Ford Motor Company Implements Chesapeake System Solutions’ T-Recs Enterprise

Automated Reconciliation and Exception Management of High-Volume Accounts Saves Time

 Owings Mills, Md. -- Chesapeake System Solutions, Inc.® (www.chessys.com), an industry leader in providing integrated software solutions that simplify the complexities of financial and treasury management operations, today announced that Ford Motor Company recently implemented Chesapeake’s flagship product, T-Recs® Enterprise, to automate the reconciliation of corporate disbursements. The implementation involved high-volume accounts for payroll and other accounts payable, providing Ford an automated means to review transactions...

Chesapeake Offers Banks an Innovative Hosted Data Collection Solution

 IDM Service Reaches More Banks Less Expensively and Collects Current-Day Data for Banks’ Corporate Customers

 Owings Mills, Md. -- Chesapeake System Solutions, Inc.® (www.chessys.com), an industry leader in providing integrated software solutions that simplify the complexities of financial and treasury management operations, today announced the availability of its IDM™ Service, a hosted data collection solution. Designed specifically for the banking industry as a service offering for corporate customers, IDM Service reaches more banks more efficiently and collects current-day banking data at a lower cost than traditional methods....

Chesapeake’s SmartAnalysis Goes Live at National Life Group

National Life Group Estimates Full Return on Investment in Year One

Owings Mills, Md. -- Chesapeake System Solutions, Inc.® (www.chessys.com), an industry leader in providing automated reconciliation, treasury workstation, bank data management, bank account analysis, bank relationship management and compliance software, today announced that its SmartAnalysis® software successfully went live at National Life Group® (www.nationallife.com) headquarters in Montpelier, Vermont. National Life Group is a family of financial services companies that reported over $19.3 billion in assets under management at the close of 2006....

Miller Group Implements Chesapeake IDM (Internet Data Manager)

OWINGS MILLS, MD.-- Chesapeake System Solutions, Inc®, a leading provider of reconciliation, treasury workstation, account analysis and unclaimed property compliance software, announced today that the Miller Group, an organization that operates 17 Arby's restaurants in central Illinois, has implemented its Chesapeake IDMT software to streamline their financial data collection....