Easily Deployed Remote Deposit Capture Solutions for Corporates and Banks

Checks are here to stay for years to come, regardless of increased use of web payments, credit cards and ACH by businesses and banks. The check as the primary payment method is particularly true with B2B organizations, still accounting for over 50 percent of B2B remittances.

On the leading edge of electronic transmission of funds and payment processing, FTNI recognized early on the value of remote deposit capture. FTNI’s ETran advanced Remote Deposit Capture (RDC) solution has been successfully deployed by some of the leading companies across multiple industries throughout the U.S. and Canada, supporting over 18,000 end users on the platform.

Discover the Efficiencies of Straight Through Processing

Many companies struggle with inefficient, expensive — and many times disparate — receivables systems and processes.

With ETran, your company benefits from seamless integration capabilities with your existing banking relationships, as well as any accounting software and other back office systems to automate the processing and posting of payments in a single pass – i.e. straight through processing.

A New Generation of Simplicity and Automation

The ETran enhanced RDC module delivers the ability to scan checks and remittance advices while seamlessly associating and storing all account and payment information in a highly secure, central location. It minimizes administrative time, cost and risk by automating traditionally tedious, error-prone, manual data entry tasks associated with check processing and posting.

ETran allows you to easily support centralized or distributed check processing environments via a single, easy-to-use, user interface. And, it enables efficient integration with your back-office accounting applications, banking institution(s) and virtually any scanner or mobile device based on your scanning needs.

Smarter Lockbox Processing

Lockbox operations (or high-volume check and remittance processing) are a traditionally foundational aspect of many receivables operations. Contrary to what many claim to be true, the check is still a preferred method of payment for businesses and consumers alike.

Whether you're a banking institution providing outsourced lockbox services for your corporate clients, or a business running your own internal lockbox operations, maximizing efficiencies and oversight within your lockbox processes translates into cost savings, improved business intelligence and when done right, a clear path to true integrated receivables.

Learn How Physicians Mutual Accelerated Lockbox Processes by Nearly 75 Percent in the First Thirty Days on the ETran Platform.

Read the Press Release 

 ETran Advanced RDC: How it Works

ETran Advanced Remote Deposit Capture

Easily and affordably deployed, configured and supported SaaS-based RDC solutions 
to help you accelerate check and remittance acceptance, processing and posting.

Powerful Features

• Manage desktop and mobile check remittances from a single user interface
• SaaS delivery ensures quick and easy deployment, support and maintenance
• Bank agnostic transmission to your bank(s) of choice – easily route transactions to one or multiple bank destinations
• Conveniently scan single or multiple remittance documents (up to 8.5" x 11") to associate with each transaction
• Scanner agnostic — Use your existing scanner hardware or choose from numerous volume-based check scanner hardware options
• 30+ on demand reports — easily add more
• Extremely flexible and granular search functionality including metadata
• 12-month access to archived items for free — extended storage options available
• Fully compliant — PCI, NACHA, SSAE16, HIPAA, etc.

Distinctly Different 

• Back-office agnostic — Batch or Real-time integrations for straight through processing
• Seamlessly view, manage and apply business rules and workflows to check payments via onsite RDC or lockbox transactions
• MICR line matching — matches MICR line data on checks and automatically associates with customer accounts 
• Intelligent Invoice Matching and Electronic Invoice Presentment
  and Payment (EIPP)
• Configurable Customer Data — up to 20 configurable data elements for automated posting processes
• Extensive User Entitlement Options
• Customizable to the User-Level
• Consolidated reporting — No more reconciling reports from disparate data silos

Real-World Benefits 

• Accelerates clearing and funds availability via same day deposits
• Enhance AR oversight with a unified platform for your lockbox and onsite RDC remittance processing needs
• Speeds cash flow via automation of traditionally manual receivables processes 
• Allows you to use centralized,  distributed or combination scanning environments
• Streamlines check-based receivables processes on a single platform
• Reduced operational costs and processing administration
• A single view of electronic deposits, from desktop and mobile sources
• Straight Through Processing — accept, process and post in a single pass
• Workflow automation based on business rules

Desktop and Mobile RDC Solutions — One Interface

Seamlessly integrate Mobile RDC into your receivables mix either via a stand-alone app or by integrating a secure payment component into your existing Android or iOS mobile application.

Learn About Mobile Remote Deposit Capture