Resources. Every organisation has their own processing policies that dictate how they handle their remittances to determine the flow of their payment handling process.
Resources. 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.
The industry is changing, check volume is decreasing and the types of payments companies are receiving are changing.
It depends who you’re asking, but in the Remittance Processing world it plays a critical role in the optimization of your overall processing operation.
Outsourcing may be a viable option for some agencies that need support in operational efficacy. Having a third-party provider handle your remittance can increase your bottom line.
If you are processing approximately 2000-3000 payments per day, the Burroughs Quantum DS scanner may be a transport worth exploring.