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CAR/LAR/MCAR

> Our customers tell us that RemitTrac® consistently achieves successful “Kill Rates” exceeding 90% for consumer checks and 80% for corporate checks through the our value-added processing software which combines superior workflow management, industry leading recognition engines and enhanced error handling to get the best results.

WHAT IS CAR/LAR/MCAR AND GETTING 100% ACCURACY?

CAR/LAR/MCAR (Courtesy Amount Recognition, Legal Amount Recognition, Machine CAR) is the process by which recognition engines read the numeric and written values on a check or other payment document automatically so that operators do not have to key in most of the data. Since recognition is never 100% accurate, validation processes such as balancing must be used to supplement these engines to get to this goal.  

HOW CAR/LAR/MCAR WORKS

Our customers tell us that RemitTrac® consistently achieves successful “Kill Rates” exceeding 90% for consumer checks and 80% for corporate checks through our value-added processing software which combines superior workflow management, industry leading recognition engines and enhanced error handling to get the best results.  Compare our statistics with others and you will see why we can make this claim.  Real world process recognition results are NOT the same even with the same or similar recognition engines.  The key metric to focus on is the cost to get to 100% accuracy which is always the standard for RemitTrac®.  This standard is achieved by a combination of capabilities:  recognition, workflow, user interface, and validation routines and it is this combination working in harmony with the operators that produces RemitTrac®’s industry leading results.

Some of the features of our CAR/LAR/MCAR process are highlighted below

  • Ensures Quality by comparing successful CAR/LAR/MCAR results to entered amounts or amounts read by OCR.
  • Increases Read Rates by defining courtesy amount search parameters, including image alignment and segmentation, separately for business and consumer checks. 
  • Balances Quality and Productivity Gains by defining the confidence level required for a successful read.  This is specified separately for business and personal checks.  
  • MCAR (Machine CAR) is an additional interpretation engine feature that concentrates on machine printed checks. This is especially effective for business checks.

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