Remittance Payment Processing Flow

While all remittance solutions may appear the same, there are various capabilities and features that sets our platforms apart. With over 25+ years of experience, we have taken note of the industry’s best payment handling practices while incorporating client partner feedback into our remittance processing system. The software has evolved over the years but stays true to the core principal of no-programming required principle, leaving the flexibility and scalability of the system in our user’s hands.

Our remittance processing software, RTLFiRST, automates the handling of any payment type (checks, list, e-checks, money order, etc.) regardless of payment source including mail, web, phone, and more. In addition, we have optimized handling of “headache” payments such as white mail, list payments, check only payments, invoice payments and much more. Our payment validation screen is user-intuitive to simplify how you can validate, review or research your customers payment details.

Additionally, our remittance processing solution works with a variety of billing and CMS platforms to provide an easy link and ability to update your host system by creating a systematic open or limited access environment to simplify the validation of your customers payments.

Our remittance solution has automated and optimized payment processing operations for companies throughout the US and Canada for over 25+ years. Our software works seamlessly with a variety of industry recognized transports such as Opex, Panini, Burroughs, etc. and is a scalable solution designed to work with agencies that process as little as 500+ payments a day or thousands.

 

Utilizing the latest in imaging and handwriting recognition technology, RTLFiRST, will streamline your payment processing operation by:

  • Reducing your mailroom labor
  • Reducing your data entry staff
  • Accelerating the collection and processing of your funds

RTLFiRST may be configured to work with many leading brands of scanners including Opex, Burroughs, Canon and NCR. As an image-based payment processing application, it offers you an easy to learn interface, no programming option, to best utilize the hardware to its fullest potential.

 

RTLFiRST can process any combination of payments as well as facilitate payments with missing stubs or checks. The system comes with standard hotfiles or a special rules configuration and document inquiry.

Technology Driven Check Handling Processing Solutions

 

RT Lawrence Corporation (RTL) has a tried and tested “scalable” check processing solution that has been helping companies across a wide variety of agencies for over 20+ years. RTLFiRST incorporates the latest imaging recognition technology paired with a variety of check transports available on the market such as Opex, Canon, NCR, Burroughs and more.

 

Whether your agencies processes 200 checks a day or 10,000 checks per day, our remittance solution will streamline your handling process by scanning, imaging and validating your check payments and update your billing system with ease.

 

Check Handling Process Overview*:

 

  • Your operators will place your check payments in the scanner
  • Images will be created and processed by the RTLFiRST system
  • Your operators will validate payments that could be missing information or need higher level analysis
  • The system will prepare files necessary for deposit and updates to your host billing system

 

If you have payments sourced from other channels outside of mailed in payments, our system can unify those payments with ease. Many companies like you are enjoying the benefits of our check handling remittance processing solution throughout the US and Canada across many industries.

 

Added Benefits with our Check Processing Solution

 

Quicker Access to funds: Our solution is Check 21 ready! Take advantage of the benefits of electronic deposit by eliminating/reducing bank trips by electronically depositing checks, Click Here for more information on our Check Processing Solution.

 

*The Process Overview is just a sample depiction of the check handling process and can vary from organization to organization.

Supported Hardware

RTLFiRST may be configured to work with many leading brands of scanners including NCR, Opex, Canon, Burroughs, Magtek and Panini.

Canon

  • Canon CR 190ii
  • Canon CR 190i
  • Canon CR 180

Burroughs

  • Quantum 200
  • Quantum 300
  • Quantum 600
  • Quantum DS
  • Smart Source Adaptive

MagTek

  • Excella
  • Excella STX

Panini

  • VisionX

 

To find out what makes our system different, contact us today.

How can we contact you?





This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.