AnyDoc Software   OCR for AnyDoc    AnyDoc®INVOICE    AnyDoc®REMIT   EMC²   ApplicationXtender Suite   Computh!nk   ViewWise  MSC Imaging   KlickFile  Computh!nk   Email Archive Time is money. With AnyDocREMIT you will save both because automation enables you to process your remittances faster and with fewer staff. AnyDocREMIT will minimize your need to manually enter data by automatically and accurately capturing remittance data that will feed your document storage and retrieval system or database. With AnyDocREMIT automation, you will add efficiency to your processing, allowing you to focus more on your customers than your documents. And with accurately indexed images in your content management system, your clerks are able to drill down into customers' payment histories within days, or even hours, of receiving remittances, without ever leaving their desks. This kind of efficiency allows you to repurpose your A/R clerks and assign them to higher value-added functions within the organization. Alleviate productivity bottlenecks associated with manual processing. These issues include: - Time-intensive manual data entry - Data entry errors propagated downstream - Duplicate or misallocated payments - Lost interest from excessive processing float - Difficult-to-read machine print and columnar data - High labor costs - Data entry errors propagated downstream » Misplaced remittance documents and checks - Duplicate or misallocated payments » Restricted cash flow due to increased days sales outstanding (DSO) - Lost interest from excessive processing float » Duplication of effort from keying into multiple systems - Difficult-to-read machine print and columnar data » Slowed decision making The Benefits Improved remittance data accuracy Although most organizations do a good job inputting accurate remittance data, manual processing invites the potential for human errors, creating a ripple effect of problems that could compromise the efficiency and effectiveness of your operations. And when the culprit data is detected, your staff has to investigate the error, correct it and possibly reprocess those payments. AnyDocREMIT uses highly reliable remittance data, such as the check's MICR code, to obtain a customer's account information. It does this by querying your database and pulling the rest of the customer's information associated with that MICR. Not only do automated database lookups save you in processing time, they also ensure that you are feeding your backend systems the most accurate data possible. Accelerated cash flow Cash flow hindrances, such as excessive processing times, prevent you from meeting your business goals. Automating your data entry, as well as reducing the number of touch points each remittance must pass through, expedites the timeit takes to transfer data to your financial systems and deposit funds into your coffers. AnyDocREMIT will even generate deposit reports based on your data output, allowing you to prepare deposits quicker and more accurately, with less manpower. Quicker deposit times translate to improved working capital and enhanced productivity. Reduced labor requirements Automating your remittance processes allows you to reassign your data entry knowledge workers—who are an invaluable resource because of their experience with your customers—to more business-critical tasks. AnyDocREMIT also automates many of your other preparatory tasks, freeing up the time that used to be spent manually validating statement IDs and invoice numbers, looking up account numbers, matching incoming funds with outstanding invoices, endorsing checks for deposit and preparing deposit slips. Intact business processes AnyDocREMIT adapts to your business processes, instead of making you adhere to new ones to accommodate the software. It also allows you to use your business rules to verify remittance data, just as your A/R clerks do now, but much faster. If one of your business rules is broken, an operator is alerted to review the discrepancy. For example, if the invoice number on a custome's remittance doesn't match what's in your A/R database or the customer has only made a partial payment, the software will automatically route the remittance image to an exception queue for supervisorreview, if that's what your current business process calls for. Or, if the check amount doesn't match any open invoices, you could have the software automatically apply remittances to the oldest invoice. AnyDocREMIT puts you at the helm of your business processes, where the control belongs. Improved customer service Automating your remittance processes helps ensure customer payments are posted in a timely and accurate manner. Few things are as unnerving for customers than being billed twice for something because a payment was lost or applied to the wrong account. These mistakes can be costly in the time they take to resolve and concessions that may have to be made to pacify an irate customer. Automating allows you to proactively prevent these mistakes, instead of reactively stamping out fires that spawn from them. The time required to research exceptions is also reduced because your remittance data is available sooner and accessible with a few clicks of the mouse. With all of the downstream benefits of document archiving, digital record retention and image retrieval available to you sooner, you are better able to focus your efforts on customer care. - Request a Data Sheet on AnyDoc REMIT.

Home | Products | What's New | Compliance | Content Management | Data And Document Capture | Contact Us Copyright © 2005 Assertive Systems Corporation