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| Avalon offers a remittance solution that involves an integration of all Check21 technologies, image check system hardware and software to combine a complete remittance processing system. Avalon’s solution supports all major transport devices and desktop scanning devices. It provides a low cost, efficient solution which ultimately takes advantage of paperless processing. With the advent of Check 21 processing, the use of images to accomplish clearing tasks has opened up a new cost savings opportunity for the financial industry. Not only are cost savings associated with expedited transit clearings, but providing the opportunity to truncate remittance deposits at the source provides dramatic savings. |
Rich and comprehensive functionality
Avalon offers a complete remittance processing solution through its ImagePoint™ product with a range of functionality including: |
Multiple transaction types
We support singles, multiples, check only, list and check among others. |
Parameter driven
Avalon’s solution can be customized easily to support various types of scan lines, transactions, balancing and processing environments. |
Reconciliation
Intelligent image-based balancing functions to balance units of work expeditiously. |
ARC Conversion
The new ARC rules allow for conversion of payments to ACH transactions. ImagePoint™ provides a fully integrated solution for ARC payment conversion interfacing to variety of industry leaders providing ACH services. |
Check21 Integration
With the enactment of Check21 law, there are considerable savings to be realized. Avalon’s ImagePoint™ provides a Check21 solution that is seamlessly integrated with remittance processing, eliminating the need for an independent Check21 system.
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Cutting edge item processing solutions for Check21 and more... |
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Wide range of available products for your needs...
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