GS Logo
The Green Sheet, Inc

Please Log in

A Thing

Easing the Difficulty of Bad Checks

Product: Automated Image and Data Capture
Company: transmodus

The entry and processing of returned checks can be a tedious and cumbersome process. Sorting each check based on the return code and then sending it off to the appropriate place is time consuming to say the least.

A company called transmodus may be able to save time. The check processing technology the company has launched offers an inexpensive and time-efficient means of processing returned checks.

Transmodus' Automated Image and Data Capture service supports standard scanning equipment and works with both high and low check volumes.

Using the high-speed check processing interface, hundreds of checks can be scanned into the transmodus processing system in minutes.

Once the image and check data reach transmodus, they are sorted according to the category of returned check. From there they are either sent through the automated clearing house network, if the problem is nonsufficient funds, or to a check processing collections center.

The entire process of image and data transfer can be done within minutes. All parties also have access to real-time reports to monitor transaction status.


Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.
Back Next Index © 2005, The Green Sheet, Inc.