Lockbox/Remittance
Diversified Check Solutions, LLC, offers ACHeck21® software as a complete Lockbox/Remittance solution to any business receiving payments by mail. For example, financial institutions, utilities, billers, lockbox operators (wholesale or retail), etc.
Lockbox/Remittance processing requires a robust system, like ACHeck21®, that can run high speed scanning transports while reading and comparing checks against payment stubs.
ACHeck21® ---- It’s HERE, it’s NOW and the TIME IS RIGHT.
ACHeck21® Lockbox/Remittance Features:
- Immediate Return on Investment (ROI)
- ACHeck21® includes Optical Character Recognition (OCR) A or B
- Courtesy Amount and Legal Amount (CAR/LAR) verification/read
- Bar code reads
- Distributed work flow
- 1 pass or 2 pass processing,
- Configurable pocketing decisions
- Verification of signature
- Easy to use click and drag configuration of scan lines
- Searchable Image and Data Archiving
- ACHeck21® can be configured to convert all check images to a standard ACH SEC code such as ARC
- Intelligently distinguishes checks that do not qualify for ARC and create both an ACH deposit and a Check 21 deposit
- Immediate Increase in Cash Flow
