Before the 1099 is filed: Does the name match the SSN?

Industry: Financial Services

Name Matches the SSN Before 1099 Filing

The Challenge:

  • Name / SSN mismatches
    A payee record can contain a name and SSN that still need to be checked together.
  • Late review
    Finding a mismatch during 1099 preparation can send the record back for additional review.
  • SSN-specific check
    This workflow applies when the payee’s TIN is an SSN, not an EIN or ITIN.

Payroll and accounting teams can check the name and SSN together before 1099 preparation begins. This gives them an earlier opportunity to identify a mismatch.

The Solutions:

Searchbug’s Match Name and SSN API (api_ssnn) checks whether a supplied name and SSN correspond through real-time XML or JSON. It accepts either a last name with the full 9-digit SSN or a first and last name with the last 4 digits, returning additional supported record context when a match is found for the payer’s own review.

ALL SEARCHBUG WHITE PAPERS

Health and Medical Business Data Challenges and Solutions via Searchbug.com
Successful-Collections-Agencies-Know-This-Method-Works
Why Prosperous Businesses Rely on API Integration via Searchbug.com
Data Challenges that Threaten Customer Communication and Engagement via Searchbug.com
Financial Institution Database Health Check, Do You Pass via Searchbug.com
The Most Important Thing Law Firms and Attorneys Do to Find People via Searchbug.com
Secrets Insurance Companies Use to Acquire and Retain Customers via Searchbug.com
Call Centers Save Time & Money with These Tools via Searchbug

Find People Fast, Get Creditors Paid

No Subscription Fees. Only Pay for Information You Get. Estimate Your Costs and Find Debtors Now!