Automating cheque processing will result in efficient and cost-effective management - releasing staff for other duties, making productivity improvements and reducing bank charges.
Processing at the first point of contact gives organisations that operate accounts of any type the ability to manage cheque payments and remittances efficiently. It improves processing times and customer service delivery.
Transaction Journaltm can be used for scrutiny long after items have been deposited at the bank or into the clearing system.
Operating an image and data capture system removes error prone and time-consuming transcription to spreadsheets or double keying code line, amount and reference information into other systems.
Replacing manual processes such as photocopying and reliance on paper archives enables searches within the digital records to produce images, information and reports in a matter of seconds.
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