CheckLink®
IMPROVE YOUR BOTTOM LINE WITH CARREKER'S
ECP SOLUTION
The strategic value of electronic
check presentment (ECP) is growing
each year. By allowing banks to accelerate
the posting of check transactions,
ECP can reduce risk, minimize bank-incurred
float, increase commercial replenishment
and speed check collection between
banks. More importantly, ECP paves
the way for a successful migration
to an image-based truncation environment,
which promises long-term efficiencies
for the payments system.
CheckLink is the most advanced
ECP software solution available,
offering all of the benefits of ECP
and much, much more. By capturing
MICR line information and transmitting
the data to the paying bank for earlier
posting, CheckLink speeds check collection
and streamlines back office operations.
The system's unique Item Level Reconciliation
(ILR) feature replaces cash letter
balancing, matching individual paper
items as they are processed.
With CheckLink, financial institutions
can improve customer service, fight
fraud and increase fee income without
risk. The system prevents double
posting even if the paper items were
processed before the arrival of the
ECP file. In addition, the system
is strategically designed to prepare
financial institutions for future
ECP and image processing environments.
CheckLink is a solution for both
CPCS and non-CPCS capture platforms.
BENEFITS
- Improves clearing time
- Reduces float
- Increases investable funds through
deposit replenishment
- Reduces NOW interest
- Improves accuracy and lowers
costs by eliminating manual processes
- Minimizes
operational impact
- Reduces exposure to fraud
- Provides a bridge to check image
exchange and truncation
- Delivers the critical MICR line
posting component of image exchange
For more information about this solution, download
the brochure (PDF, top right). You can also contact
Doug Halvorsen at 704.602.5335 or complete our Information
Request Form. |
