BancTec BPO Remittance Processing Solutions

BancTec has been building, implementing and optimizing payment processing systems for over 30 years. By utilizing proprietary hardware, software and processes, BancTec delivers world-class speed, accuracy and reliability to BPO customers. Advanced OCR technology, specifically optimized for check processing, increases read accuracy rates and minimizes exceptions, yielding fewer bad checks, providing earlier fraud detection and reducing costs.

BancTec has been building, implementing and optimizing payment processing systems for over 30 years. By utilizing proprietary hardware, software and processes, BancTec delivers world-class speed, accuracy and reliability to BPO customers. Advanced OCR technology, specifically optimized for check processing, increases read accuracy rates and minimizes exceptions, yielding fewer bad checks, providing earlier fraud detection and reducing costs. Faster processing decreases internal float costs and accelerates funds availability. In addition, with BancTec's worldwide network of processing centers, customers are assured comprehensive coverage and minimized delivery times. BancTec customers experience superior service, and in return, are able to deliver better service to their own customers.

Flexibility to meet your unique needs
BancTec offers customers on-site, off-site and off-shore payment processing options customized to their unique needs. On-site processing allows customers to leverage their current investments in hardware, software and facilities while still taking advantage of BancTec's expertise. Both on-site and off-site processing also allow customers to re-task resources towards customer service enhancing or revenue generating activities. Off-shore exception processing options are available to further reduce costs and processing times. Regardless of the delivery option, BancTec's proven implementation methodology makes the conversion fast, convenient and cost effective.

BancTec Payment Processing BPO supports both check conversion and check truncation with integrated ARC, ACH and Check 21 functionality. The solution integrates with all standard technology platforms (SAP, Oracle, .NET, etc.) to reliably deliver account information and exceptions. BancTec's standardized reports and web-enabled payment processing dashboard make overseeing the outsourced relationship easy and convenient. Reports and extracts can be delivered via the internet, EDI or CD.