The industry is changing, check volume is decreasing and the types of payments companies are receiving are changing. Companies are still handling check payments from their customers or donors, but many big name manufacturer’s such as NCR and Burroughs (formerly Unisys) are eliminating many of the mid/large check transports from their product offering through desktop check scanner
If you are running a NCR itran model 180,300,600, 8000 or the Burroughs (formerly Unisys) 200, 300, 600 model transports, you probably are aware that they are no longer in production and eventually will no longer be supported.
The premise of our Business to Business Remittance Processing solutions is to AUTOMATE the handling of your payments whether they are standard personal/corporate checks, money orders, cashier’s checks, list payments, online payments, etc.
Utilizing industry renowned check imaging transports such as Opex, Canon, Burroughs, NCR, etc. alongside our innovative payment software, RTLFiRST, will allow optimization of customer labor & quicker handling of payments without compromising the integrity and accuracy of your deposits. Payments that are flagged for review allow operators to utilize a user friendly platform that allows for easy viewing of payment images for easy decision making.
Not all payment processing policies are created equal. Each company has a specific set of needs and functions that require its accounts receivable departments to work with. And, in today’s digital world, you need agile business solutions to empower every department to adapt and adjust according to any new changes.
The good news is that you can find ways to manage your unique processing rules and create adaptive remittance solutions without the high cost of a customized solution.
But before we jump into how, let’s take a look at some of the special processing rules your company might encounter.
If you are currently looking to streamline your remittance operation further and want to simplify your process, RTL offer’s a touch payments once solution. Payments that are run through your processing room would require minimal handling with the all in one solution that runs off the Opex FalconRED transport that is designed to be an All-In-One universal machine. The Opex FalconRED will slice open your payment envelope, your operators would simply extract the remittance contents and place it on the conveyor belt which would then feed the documents (check, stub, full size document, envelope, etc.) through the transport and capture high quality images that would be sent to the RTLFiRST system for further processing and validation.
RTL is hosting a User Group Meeting in California and Texas this upcoming March and April. Mark your calendars to attend this year’s meeting! We’ve got a lot of exciting and informative sessions in store for you!
Meeting Location: DoubleTreeSuites by Hilton Hotel Sacramento–Rancho Cordova
Address: 11260 Point East Drive, Rancho Cordova CA, 95742March
User Group Meeting Date: March 20, 2018 (Tuesday)
Admin Class Training Date: March 21-23, 2018 (Wed-Fri)