Remittance

Does your company have accounts receivable of more than 50 checks per day?

If you answered "yes" to this question, then you are well aware of the time, effort, and resources necessary to process, and post the payments to your accounting software. We have an affordable, easy-to-use solution. Our partner, Profit Stars, has been solving check processing problems for hundreds of community banks for many years, and we now have an inexpensive, automated payment processing solution that will drastically reduce the time and cost of manual, payment posting for small businesses.

Profit Star's Remit Plus solution is an affordable, turnkey, automated check-posting system that provides companies just like yours with the ability to capture images of checks that have been submitted for payment and credit the payments to your customer's accounts without manual key entry.

Remit Plus is a scalable application empowering customers to capture and process incoming checks. Merchants can process one check at a time while a commercial account can operate complete remittance, batching thousands of checks and coupons. A Lock Box configuration of Remit Plus can manage multiple companies.

"CAR/LAR" technology actually "reads" the handwritten amounts of checks, and creates a posting file to export into your billing system.

If you have one or more employees that spend over one hour per day posting payments to your billing system, let us show you how we can save you money.

Remittance will automate every aspect of payment processing, saving time and improving operations.

Simultaneous processing at multiple stations
CAR/LAR locates, reads, and captures the check amount
Images are immediately available for adjustments and balancing
Intuitive system provides checks and balances
Balanced and unbalanced transactions are clearly defined
Color-coded functions inform the operator of the next step in the process
Eliminates the labor-intensive "read and key" of each check
Does away with incorrect manual entries or filing errors
Reduces paper handling
Eliminates the need for manual sorting
Reduces out of balance situations
Interfaces to accounting packages
Outputs X9.37 files for Proof operations
Available with numerous capture devices
Browser based research
Secure electronic transaction processing
Automated payment reconciliation
Advanced fraud protection