Automated Cash Letter System™ (ACLS)

Carreker's Automated Cash Letter System (ACLS) completely manages the cash letter process. It takes kill bundle data from the CPCS kill bundle file and creates cash letter records. These records provide input for settlement tapes, posting files and various reports and documents.

SUMMARY

Carreker's Automated Cash Letter System (ACLS) is the industry standard, replacing virtually every manual cash letter process with state-of-the-art automation. ACLS helps you access the "window of opportunity" in cash letter processing. In addition, ACLS saves you money by minimizing the labor intensive and error prone reporting process of cash letter activity and funds availability.

HIGHLIGHTS

The System copies data from the CPCS kill bundle file to ACLS throughout the day. You may perform the copying task manually, or the System can do it automatically. You have control over what enters and exits ACLS, and ACLS does not interfere with CPCS operations.

There are four main tasks within ACLS. During normal operation, these tasks send various messages to the MICR supervisor terminal. The four-character task name at the beginning of each message identifies the originator of the message.

ACLS is the scheduler and controller for the entire System. The first function under ACLS is Daily Start-Up. After completion, you are presented with a menu from which you can select options to perform the following functions:

• Bundle Transfer
• Entry Survey Report
• Cycle Recap Report
• Bundle/Cash Letter Adjustments
• Cash Letter Printing
• Due-From Processing
• FED Tape/Rainbow Report
• Non-FED Settlement Report/Tape
• Daily Endpoint Recap Report
• Daily Holdover Recap Report
• Daily Cash Letter Charges Report
• Weekly FED Statement Reconcilement
• Monthly Endpoint Statistical Report
  

CALG generates the System holiday calendar file that determines availability dates relative to processing dates. You run CALG once a year or whenever you format files.

LDOS is a stand-alone display utility that lists bundles that are awaiting transfer into the System.

ACLR is a menu-driven utility that maintains the FED history file, facilitating online editing and provide access to the historical file. Other functions include on-demand detail and summary reports, file backup recovery, and certain control flag settings.

BENEFITS

Improved Cash Letter Control
ACLS can create cash letters across CPCS cycles. It allows you to display kill bundles and cash letters and adjust them online, allowing you to control cash letter size, FED product type and charges, destination, availability assignment and work class by sending schedule or by endpoint.

Enhanced Supervisor Data
ACLS provides on-demand supervisory status reports and automatic file copies of all out-bound reports, as well as rerun capabilities. ACLS also interfaces with the CS NeXGen Settlement™ product to provide accurate, up-to-the minute transit send statistics.

Reduced Settlement Effort
ACLS can produce automated FED and non-FED settlement reports and can create magnetic tapes.

Streamlined Sort Patterns
ACLS can determine the destination of bundles being dispatched minimizing the need for separate pocket/endpoint designations for transit items going to different endpoints.

Concise Reporting
ACLS has a comprehensive reporting package that includes funds availability reports by endpoint, cash letter activity reports by endpoint, daily endpoint and holdover reports, monthly endpoint recaps, and cash letter cross-reference.

Reduced Manual Effort
ACLS provides automated shipment reports and automated settlement and accounting records.

Single & Multi-Site
ACLS supports both single site and multi-site environments.

For more information about this solution, contact Doug Halvorsen at 704.602.5335 or complete our Information Request Form.