FLEX Remittance Processing Software is a remittance processing application designed to be transport independent, image enabled, Windows NT based, millenium compliant and database driven.

FLEX remittance software is a Windows NT based package designed from the ground up for the image environment. It incorporates a database design, allowing the application to be completely customizable, while also offering transport independence.  Migration to other platforms, or mixing of transports in the same shop is assured.

FLEX remittance software is parameterized, enabling a wide variety of customization without added costs. This ensures that as your processing needs change your software can change -- quickly and affordably.

FLEX REMITTANCE PROCESSING CAPABILITIES

Programmable

FLEX is flexible enough to permit all of the above modes to be processed in the same batch if desired, so there is no need to open separate batches for small volumes of work. This simplifies the workflow and speeds the processing of items.

Transaction Validation Processing

Power Encode, Read & Key, Multiples, Prompted Mode, and Envelope Processing are all available.

Derogatory File

This file contains account numbers you do not want to accept checks from.  If a listed account is encountered, the operator can be prompted for input or the transaction can be rejected to a separate pocket for later handling. This option can also be configured to use the file as a list of accounts that are valid, and cause the accounts not found in the file to be rejected.

Check Reconciliation: (optional)

The Check Reconciliation module enables the system to read the checks and deposit tickets returned by the bank with the monthly statement. The MICR information is captured and a file is created for transmission to the host.

The captured information (check number and amount) can be compared to the general ledger to insure the bank encoded the amount correctly. Hours of manual entry can be eliminated, and errors caught in seconds instead of hours.