Solutions

Introduction

Transaction Journal^tm  efficiently processes paper-generated payments, using intelligent image capture, data interpretation and record enrichment. 

Solution Components

•       high-speed image capture using cheque or A4 scanners
•       searchable image archive
•       transaction database with powerful research capacity
•       data integration into existing business/accounting systems
•       dialogue and datasharing with existing applications
•       payment archive including Bacs and card data
•       automated bank lists and reports

A cost-effective method to extract, store, manage and replicate digital information from all types of cheque, credit slip, cash ladder and voucher.

Complex searches will answer bank or customer queries, aid reconciliations, meet statutory record-keeping requirements and provide court evidence for proceeds of crime investigations.

Information can be reproduced on lost or damaged cheques to speed up finalisation of settlement and void potential losses.

Processing Models

Image capture uses specialised programming of cheque scanners or A4 document processing scanners.  These can be placed at a cashier, counter or teller point, in a back-office environment or post room and within the accounts or finance department. To carry out verification, management or control functions accesses can be set up in accordance with the architecture of prevailing business systems or their various locations. TJ payment solutions can complement existing financial management environments in all business sectors. 

Our payment processing system can be operated from a single work station or from multiple computers within a network. The images and data are either stored on the local drive or in centralized databases and archives that manage the indexing and access items or batches for scrutiny. For multiple sites, or where capture and processing is out-sourced or managed off-site, data is stored at a corporate hub with convenient web-based access.