Check 21 - Remote Deposit

Great design and functionality!

Distributed Capture, Processing and Transmission

Increase the efficiency and effectiveness of business-critical payments workflows Reduce the time, cost and hassle of making deposits with Creditron's fast, efficient Remote Deposit module. No matter whether your application is check, remittance or lockbox processing, Creditron gives you better control with proven, reliable software for digitally capturing, processing and transmitting checks and related data for posting and clearing. This means no more physical transportation of checks and money is moved the same day. Plus, Creditron offers a choice of Remote Deposit solutions to fit your general application and specific workflow requirements. From government to retail, from over the counter to the back office, Creditron provides an integrated remittance and remote deposit solution to fit any business.

Remote Deposit Module

Creditron Remote Deposit module enables corporate depositors to scan checks at their own offices and send electronic deposits, in lieu of paper, to their financial institution. With Creditron Remote Deposit, depositors no longer have to make time-consuming trips to the bank or maintain multiple banking relationships for remote office locations.

The software automatically consolidates multiple deposit accounts and sites, and prepares and uploads daily receivables into any accounts receivables program. It even provides an image storage retrieval system for networked access to receivables information. What's more, with the passing of the Check Clearing for the 21st Century Act (Check 21) all business and personal checks qualify for remote deposit capture.

In addition, our in-line electronic sorting capabilities allow you to reduce bank fees and eliminate unnecessary check passes. When combined with our accounts receivable check (ARC) conversion module, this unique in-line sorting capability seamlessly converts checks collected at distributed capture points into automated clearinghouse (ACH) and back-office conversion (BOC) electronic debits. By combining the efficiency of the ACH network with Creditron's unique checkhandling logic, users can dramatically reduce operating costs, speed funds availability, increase collection rates, and streamline returned check handling.

As much as you still hear about a paperless, all-electronic payment environment, checks won't go away anytime soon. And as long as we have checks, we'll have the burdens of paper-based check processing: high costs and inefficiencies and myriad hassles and risk. You can count on Creditron to help lighten the load with flexible Remote Deposit solutions.

Key Benefits

• Accelerate payments workflows
• Eliminate the physical transportation of checks
• Improve funds availability/access to working capital
• Reduce operating costs while increasing productivity
• Consolidate bank relationships and reduce deposit fees
• Improve document accessibility and distribution
• Enhance your customer's experience