Check processing is one of the most important functions for a financial institution. Your software should afford the performance and reliability you need today, and give you the flexibility to adjust as your needs change. Symco Group’s CheckImage is a suite of check processing software designed to provide superior performance and accuracy for your check processing operations. When you combine our industry leading CheckImage Solution with new or refurbished hardware, disaster recovery, on-site maintenance, 24x7 technical support, and discounted financial supplies from Symco Group, you will immediately realize better efficiency, less expense, and greater profitability. Symco Group’s CheckImage is much more than a reader sorter and check processing software. It is the combination of all aspects of your operations, working together as one. The right solution for all your processing needs is Symco Group’s CheckImage. CheckImage includes a full suite of customizable tools that give you the power to adapt the system to meet your needs today and in the future. Features of CheckImage include: - Remote Capture and Distributed Data Entry
- Data Mining
- Multi-Day and Multi-Business Processing
- Reports
- Reject Re-Entry and Balancing
- Research/Archive
- Sort Pattern Generator
- Internet/Intranet
- Email
- Character Amount and Character Recognition
- Power Encode
- Grayscale and Bi-Tonal (Black-and-White) Image
- File Export
- Fraud Detection
- Statement Processing
Remote Capture and Distributed Data Entry Every organization looks for ways to save money, increase productivity, and improve customer service. CheckImage supports remote capture and remote keying anywhere over a wide area network. This allows work that is spread over multiple time zones to be keyed and balanced in order to meet crucial deadlines without the expense of overtime. All data is sent in secured individual packets to a central host, assuring data integrity on both sides. Data Mining CheckImage provides a powerful set of query tools that allow management and the marketing department to research and mine important information about their customer base and their competitor’s customers. With imaging, you now have the name, address, and phone number, along with the MICR information of all checks that are captured on your CheckImage system. Multi-Day and Multi-Business Processing Companies that process multiple businesses work will appreciate how easy it is to do with CheckImage. When companies process for multiple businesses they have to be flexible and have the ability to meet the requirements for each client. CheckImage enables you to perform multi-day and multi-institution processing even with diverse and different types of transactions. You can receive intermixed transactions and capture and balance them based on the specific rules that you set up for each business. Reports CheckImage provides a full offering of standard reports, along with the tools to create an unlimited number of customized reports that can be saved for future use. Our powerful reports module provides users the ability to select the fields necessary and then print, view, email and fax them as required. Reject Re-Entry and Balancing During reject re-entry and balancing, CheckImage will display the item that needs to be corrected. The item that needs correction is highlighted so the operator can easily concentrate on the item for correction. After the item has been corrected, CheckImage automatically goes to the next item, eliminating the need to search for it. Research/ Archive CheckImage’s research solution proactively presents various ways to retrieve previously processed data. With CheckImage’s research solution, you can use any combination of MICR and data fields across any work to choose a specific transaction, to view underlying items associated with that transaction, and to retain the previously input search criteria, expediting your research capabilities Our Archive feature is used to archive data, check, or coupon image files for sites that need to store amount of data for future recall. Data and images can be stored on any medium. Our preferred medium is Symco Group’s eStorage, which is a low cost Archive Medium where a client can store years of information on-line in real-time for a fraction of the cost of traditional storage jukeboxes. With CheckImage’s Archive feature, the data can be viewed at any time, based on any search criteria that may be required. Sort Pattern Generator Our Sort Pattern Generator is unlike any on the market. It gives you and your operators’ 100% control over your sort pattern setup without any external programming. Remitit’s Sort Pattern Generator is designed so that the operator can set up sort patterns virtually by running a document down the track and building your tables from the document. As new patterns are required, just send the document down the track, capture the information, and build another table. It’s as easy as 1-2-3. Internet/Intranet Symco Group’s CheckImage is a group of software tools that provide a protected access point to your database over the intranet or internet. CheckImage allows anyone with the proper security authorizations, using either Internet Explorer 4.0 or higher or Netscape 4.0 or higher to research specific items, view item’s details, audit transactions, view and print bank images and statements. CheckImage can also be setup to automatically send image statements to customers, thus improving the efficiencies of your operators who can concentrate on meeting deadlines. CheckImage’s API flawlessly integrates with your existing home-banking system and allows your customers to access their check images from their home or office. Email CheckImage is designed to send information and imaged documents to any customer who may need them. Each email will contain the front and rear images of the documents as an attachment to the email. This feature can also be setup to perform this task automatically. Character Amount Recognition (CAR) and Intelligent Character Recognition (ICR) CAR and ICR is the process of automatically and electronically converting bitmap images of handwritten or printed numeric amounts, such as amounts written on checks, into data that a computer can read. The most prominent application for this technology is in banking and remittance shops. Symco Group has teamed with Orbograph to incorporate their industry leading recognition solutions into CheckImage remittance application. When incorporating Orbograph, Power Encode, and CheckImage, your operation will be able to receive read rates in the high 90%, which will greatly improve your productivity and efficiency. Power Encode Power Encode substantially reduces the need for a proof department. once an item has been captured, either at a central location, or branch capture. That item is displayed on a keying workstation display. At that point, it can be balanced. If the batch is already at the central location, it can be sent down the track and encoded. If it is in transit from a branch, then it is ready for power encoding when it arrives. When Power Encode is combined with CAR/LAR/ICR, you will experience an enormous reduction in labor cost, better accuracy, and faster processing capabilities. Grayscale and Bi-Tonal (Black-and-White) Image Symco Group’s CheckImage supports both grayscale imaging and bi-tonal (black-and-white) imaging. File Export During the installation process, Symco Group sets up CheckImage to easily export and import files from any host system or archiving system. Fraud Detection Positive Pay greatly reduces the potential for check fraud before it occurs by comparing the scanned MICR data to a database provided by your commercial customers. If a check is listed in the database, the operator has the tools to decide if it should be cashed or flagged. Signature Verification provides your company with another level of fraud detection by providing your consumers scanned signature card to be viewed by the teller when they need to review a particular check or document. Fraud Filters that can be setup to monitor new account activity, abnormal deposits based on historical data, duplicate serial numbers, and more. Statement Processing CheckImage gives the user the ability to construct an infinite number of tailored statements. You have the ability to change the type, add custom graphics, and much more. Image statements can be delivered any number of ways. All of this greatly reduces the cost associated with mailing statements the traditional way, which included envelopes full of checks. In addition to printed image statements, CheckImage supports statements generated onto a CD or DVD that can be mailed to your clients, and Internet Delivery which eliminates postage completely. |