Check Image Payment Processing

ImageDirector's Active Remittance

Check processing is a tedious task for companies who accept checks as a form of payment. It can take all day to open the mail, post the payments in the A/R system, prepare the bank statements, and then have someone go to the bank. Milner Technologies’ Active Remittance solution automates payment posting and bank deposit preparation using the latest check processing technologies.

A company has no control how customers remit their payments. The customer may or may not enclose your preprinted remittance advice. They may pay multiple items with a single check, or submit multiple checks for a single item. They may just send you a check. It may or may not have their account number on it. Sometimes the name on the check does not match, or even resemble, their account name in your A/R system. These are called Exception Payments, and organizations spend frustrating hours dealing with them every day.

Exception Payments cause up to 90% of the work involved in processing payments. Active Remittance eases the work involved in Exception Payments. Using the latest technologies in payment processing, Active Remittance, decreases the amount time spent on daily payment processing. Checks received without any remittance advice, or one check that pays multiple invoices, or multiple checks for a single invoice all can be posted quickly with an automated system that “learns” your customers.

Active Remittance Features
  • Virtually eliminates manual data entry of payment amount and invoice information.
  • Improve productivity by as much as 70% through remittance automation.
  • Automated bank deposit preparation.
  • Accounts Receivable system interfaces to provide up to date inquiry and posting.
  • Provides automated research tools to greatly reduce the number of unapplied checks.
  • Reduces collection calls to customers who already paid.
  • Payment images are ready for archiving with ensured transaction integrity to provide research tools to answer customer inquiries.
  • Enhanced Customer Service with a single search, showing both stubs and checks for one call resolution of customer inquiries.
  • Single source provider for hardware, software and archive.

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Product Brochure

Download our Solution Overview for Electronic Check Processing