Remittance Processing

Creditron offers end-to-end image-based platforms that automate the processing of scannable remittance documents across a wide range of payment applications.   

Our flagship remittance processing platform, ItemAge Express, is the most feature-rich turnkey solutions in their class. Both solutions integrate advanced imaging, data recognition and electronic payment technologies to drive increased operations and IT performance and enhanced customer service. Built on a flexible, open systems architecture, ItemAge Express provides unparalleled ease of installation, operation, management, and support. 

System features include: real-time data indexing and image viewing; courtesy and legal amount recognition (CAR/LAR); user-configurable job setup; scalability with support for multiple scanners; check encoding and endorsement; image and data archive and delivery options (fax, email, CD-ROM and Internet); and comprehensive auditing and transaction reporting. Our remittance solutions also can output images in X9.37 format for Check 21 compatibility and provide Accounts Receivable Check (ARC) Conversion. 

The enterprise-class power, reliability, scalability and low cost of ownership of ItemAge Express is suited for most volumes and a range of payment applications, including:

• Utility/Telco Payment Processing
• Tax/Government License Processing
• Donations Processing
• Subscription/Order Processing
• Mortgage Payment Processing
• Insurance Premium Processing
• Parking Ticket Processing
• Property Management/HOA Payment Processing

With a feature-rich, scalable and flexible design and numerous optional modules, ItemAge Express is designed to meet both current and future business requirements.

Benefits

• Automate deposit preparation (Deposit Slip Generation)
• Reduce bank/Transaction fees (Check Encoding)
• Reduce paper passes (One Pass/RightPass)
• Eliminate the storage of paper copies (Image Archival)
• Enhance customer service (Image Delivery)
• Streamline payment inquiries (Web Retrieval)
• Reduce manual keying (MICR Read/CAR/LAR)
• Eliminate exceptions payments (MICR Match)
• Accelerate funds availability (Check 21/ARC)
• Lay a strong foundation for electronic clearing (Check 21/ARC)