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    • Remittance Processing
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Remittance Processing

If your customers pay with paper checks, you probably have been thinking about the remittance process – and how to improve it – for a long time.

Your rules may require a clerk to photocopy, code and endorse each check, key the amounts into your accounting system, prepare a deposit slip, balance the account and deliver them to the bank at the end of the day. You also must ensure compliance with ever-changing regulations.

CPT Intelligent Technologies builds systems that follow your rules while spending less time and money.

How we automate remittance processing

We will develop software and hardware solutions that will:

  • Open envelopes
  • Scan the contents
  • Gather and prepare information from checks
  • Prepare the checks for deposit
  • Alert an operator when one of your business rules is broken
  • Route remittance images to an exception queue for supervisor review
  • Apply remittances to a customer’s account
  • Flag fraudulent checks from accounts known to pass bad checks

With technology that reads handwritten checks and documents, the system accurately handles a large majority of remittances, leaving only a small percentage that present problems to be handled by staff.

Return on investment with a CPT system is dramatic, with savings in labor and increases in accuracy usually paying for the new platform in less than a year even as you improve processing time.

CPT will customize a demonstration with your documents so you can see exactly how a CPT solution could be applied to your operation. Call (908) 284-0900 or send an email to Info@cptinfo.com for more information.

Case Studies
Document & Data Capture Software
Remittance Processing
Enterprise Content Management
Workflow

Solutions We Offer

  • Invoice Processing
  • Returned Mail
  • Catalog Orders
  • Remittance Processing
  • Claims Processing
  • Fundraising

Industries We Serve

  • Utilities
  • Insurance
  • Mail Order Catalog
  • Distribution
  • Manufacturing
  • Trucking and Transportation

Copyright © 2023 · CPT Intelligent Technologies, Inc. · (908) 284-0900

  • Solutions
    ▼
    • Mailroom
    • Invoice Processing
    • Returned Mail
    • Catalog Orders
    • Remittance Processing
    • Claims Processing
    • Fundraising
  • Technologies
    ▼
    • Document & Data Capture Software
    • Remittance Processing
    • ECM – Enterprise Content Management
    • Workflow
  • Partners
    ▼
    • Hyland OnBase
    • OnBase AnyDoc
    • AQ2 Technologies
    • OPEX
    • Canon
  • About CPT
  • Press
    ▼
    • News
    • In The Press
    • Case Studies
    • Innovation Award
  • Contact Us
    ▼
    • Request Information