About Us
About Us
> Innovative Solutions for Transaction Processing
Mission Statement
ImageScan’s mission is to replace inefficient, paper-based transaction processing with innovative, technology-based imaging solutions for all your payment needs.
To do this, we offer RemitTrac®, which includes a customizable, flexible suite of payment-processing and receivables-management solutions that drive down your costs and dramatically increase service levels through intelligent transaction processing.
To meet these challenges we use an industry-specific, flexible, image-based, intelligent workflow management approach instead of simple item processing . Whether your organization is a financial institution, a corporation, a non-profit, a federal or state government entity or a service provider, our Check 21 compliant payments processing and receivable management solutions can optimize your transaction processing.
Company Overview
Founded in 1992, ImageScan provides clients with high-speed imaging and an exclusive, innovative workflow management application to process payment transactions such as checks and their associated remittance advices, stubs or coupons. ImageScan is relied on by many of the largest financial institutions in the U.S. as well as leaders in a variety of other industries.
What We Do
ImageScan helps clients to more accurately and effectively process paper-based payment transactions.. To do this, we use an industry-specific, image-based intelligent workflow management approach – not just simple item processing. With the number of complex payment transactions surging and an increasing premium being put on accurate and complete data extraction to meet Sarbanes-Oxley and GAAP requirements, ImageScan’s RemitTrac® Payments Processing Solutions suite offers customizable payment processing and receivables management. We offer unmatched innovation, superior service and highly customizable systems that are fully scalable to meet your evolving needs. RemitTrac® offers cost-effective, high-quality solutions for:
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Image-Based, Workflow Management
Our workflow management solution is powerful and flexible, handling any type of payment transaction with ease. How are we different from our competitors? RemitTrac® handles the entire transaction and all related data, regardless of the accompanying document type or form of payment. That means the transaction process is more efficient and complete than ever before, ensuring you get accurate data – and the cash – faster.
The Next Wave: Capturing Transactions at the Source
We’re constantly working on new and innovative ways to eliminate costly and labor-intensive paper-based transactions. These transactions represent not only cash, which is the lifeblood of your business, but also critical data that you need to manage the business successfuly, so let our unique RemitTrac® solution suite help you become as efficient as possible.
Let’s say you frequently receive payments in the form of paper checks, money orders and associated remittance documents at various locations. Before you can post the funds to your accounting, CRM, or ERP system, the paper payments must be organized, with the appropriate data extracted manually, and then processed.
We can help. Instead of dealing with endless reams of paper, ImageScan’s Distributed Capture solution lets you truncate the paper at the source. Using small desktop scanners wherever payment documents are first received, ImageScan’s RemitTrac® solution can capture complete transaction information at the source. It then routes the images and related payment data electronically, in a Check 21 compliant manner, to be processed by other parts of the application.
Major Benefits of Using ImageScan’s RemitTrac® Solutions Suite
- Offers a compelling ROI and rapid payback -- often in less than 12 months.
- Captures and truncates documents at source.
- Processes every type of payment and accompanying documents, such as remittance advices, invoices, envelopes, correspondence, etc.
- Changes to formats and workflow can easily be made by your staff without vendor or third-party assistance.
- Provides greater control over U.S. government compliance mandates (e.g., HIPAA and Sarbanes-Oxley).
- Improves customer satisfaction by having access to enhanced CRM data.
- Leverages proven technology and systems that have been in use by demanding bank customers for over a decade.
- Custom-designed for your industry.
- Facilitates cost savings, flexibility, load balancing and convenience of distributed processing.
If you want to get cash availability rapidly, and have a need to extract data from paper-based remittance documents in the most cost-effective way possible, let us show you how. Better yet, let our clients share their experiences. Read our compelling Case Studies now to see RemitTrac® in action.
Or, contact us today .