Management Reports – Online, real-time reports with search, view check images, print and download capabilities. Detailed pending and cleared deposit reporting.
A/R Integration – Unlike most proprietary bank solutions, RemitQuick can be integrated with 99% of the industry accounting solutions.
Extend Your “Banking Hours” – To meet the deposit deadlines of your bank, typically you would have the day’s batch of checks ready for courier pick-up by mid-afternoon for delivery. With AMS RemitQuick, late afternoon or evening deposits up until 8:00 PM EST can still enter that day’s collection stream.
Document Capture– Flexible solution accommodates coupons/payment stubs and supports CAR/LAR and OCR.
Lower Operations Costs – Transportation costs and courier fees, which amount to hundreds of dollars a month for many businesses, are reduced or eliminated. Ditto for wire costs to consolidate funds from multiple accounts and the clerical costs associated with balancing traditional deposits.
Location, Location.. – With remote deposit, your bank doesn’t have to be around the corner. Businesses can deposit checks electronically from anywhere. For companies with multiple locations, this affords an opportunity to slash deposit collection costs by consolidating a regional or nationwide deposit into a single account.
Streamlined Cash Management – Remote Deposit is an easier, simpler, more accurate way to efficiently process check payments.
Better funds availability – Customer checks clear faster, usually the next day after deposit. Bad checks are returned sooner, enabling faster collection.
Unlocking Additional Value
A remote deposit capture solution can go far beyond making the bank deposit process more convenient and efficient.
It can become a platform to automate your entire check/account receivables processing operation. The key is
re-engineering your control documents to fit into this new automated environment.