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Comprehensive Remittance Advice Processing Added by RemitPro » read source
A service bureau specializing in Remote Deposit Capture software, RemitPro, today announced that it has added a number of new features to its solution.
Remittance advice/coupon processing capabilities is the most significant enhancement in the release of eRemitPro 4.0. Customers can now, in addition to check scanning, scan documents and the application will balance the coupons to the check at both the transaction and batch level. By allowing customers to scan one or many checks to one or many coupons while maintaining the integrity of the transaction and balancing the items, RemitPro's application takes coupon processing to unprecedented levels.
Providing maximum flexibility for organizations that have multiple types of remittance advices, customers can have an unlimited number of coupon templates pre-configured. Accelerating the throughput of documents, the application will systematically select the appropriate template "on the fly".
CEO of RemitPro, Jana Waughn, said: "We are very excited to release this new functionality into the application further strengthening RemitPro's position as the leader in Remote Deposit Capture product feature functionality". "Our customers are looking for desktop lockbox capabilities and we responded with state of the art technology to enable efficient payment processing".
Comprehensive CAR/LAR, OCR and IQA functionality is provided through Mitek Systems' ImageNet™ Payments Remote Remit. Optimized for Service-Oriented Architecture deployment, Mitek Systems' technology is a powerful check and coupon identification, extraction and signature detection application. With little manual setup of coupons and checks, the patented technology breaks new ground in remittance processing as it's the first product that dynamically extracts data from a batch of coupons and checks with various designs.
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