RemitPlus – Electronic check processing and remittance solution
RemitPlus is an automated electronic check processing solution that simplifies the remittance process by providing companies the ability to scan and capture images of checks and payment vouchers, stubs or coupons. This affordable, scalable check scanning and imaging solution is ideal for a large merchant to the smallest nonprofit organization as well as the largest lockbox providers. This solution’s advanced character recognition (CAR/LAR) reads and stores the amount, endorses the checks, and saves the selected identifiers from the coupons. RemitPlus converts all paper checks into an electronic funds transfer (EFT) and transmits through the secure ACH or Check 21 image exchange network. This solution encompasses comprehensive search and archival abilities, allowing for user-friendly research. RemitPlus also saves companies money by decreasing labor costs, reducing errors, eliminating courier costs, and mitigating fraud risk.