Remittance Processing
Transaction Times
- Single coupon and single check
- Multiple coupon and multiple check
- Coupon only; for payments previously deposited
- Check only; deposit with or without posting
- Check with list, where a single check pays multiple posting accounts
Interested in learning more? Give us a call at (703) 883-2500 or contact us online.
Posting
- Lookup and verify posting information
- Internally using data loaded into the pilot INSTAPOSIT
- Externally where data is available from a single posting application
- Customizable posting export that can be used by a single posting application
- Posting report
Configuration
- Simplified configuration screen provides access to all settings
- Can be installed, configured, and tested within a couple of hours
Deposit
- Check21 output for electronic deposit to a single financial institution
- ACH export for electronic deposit to a single financial institution
- Deposit report for all deposits, including physical deposits
Workflow
- Simplified workflow that processes items on demand by the user
- Import
- Validate and verify
- Export
- No automated services or tasks to maintain or configure
Retention
- Images and data are stored locally as long as the customer wants to keep them
- All stored images and data are available for research and reporting