Remittance Processing

Need to speed and streamline your Remittance Processing?

For many organizations, Remittance Processing is a business process that demands more efficient, cost effective and accurate document management.

And to meet these requirements Scan Conversion Services has developed a fully customized specialist scanning solution. This can either be installed in-house, in which case SCS will provide all necessary scanning hardware, the software that we ourselves use and full staff training, that is based on a decade of document management experience.
Or, alternatively, clients can opt to outsource their Remittance Processing scanning work to our quality assured service bureau.  

The SCS Service Bureau Option
A typical use of this solution would see SCS:

• Collecting remittances on a daily basis.
• Opening mail.
• Scanning the remittances.
• Extracting the required information through the combination of OCR and operator input.
• Validating data. 
• Formatting the collected data into a client specified file format for their accounting systems.
• Generating banking reports.
• Banking the remittance.
• Providing you with an electronic archive of the documents.
• Providing a CD or DVD back up of all data and images on a daily, weekly or monthly basis.
• Providing secure destruction.

Benefits

• Fast retrieval of the image.
• Faster banking.
• Faster reports on bad cheques and insufficient payments.
• Costs are in direct proportion with payments.
• Eliminates capital expenditure and constant "gearing up" for peak periods.
• You do not have the cost of filing.
• You do not have delays in document retrieval.
• You do not have the cost of retrieval.
• You do not have a space problem.
• You do not need to photocopy, mail or distribute documents for approval.