| |
Image Statement™
Carreker’s Image Statement
solution digitizes paper documents
into electronic images that are reproduced
as part of a customer’s monthly
statement. The image can consist
of the entire check or selected
portions of the check, such as
payee and memo field information.
Image Statement consists of software
and hardware components that capture,
quality assure, scale, format and
print document images.
By converting the majority of existing
check return customers to an
image statement option, a bank can
significantly reduce postage expenses
and reduce maintenance, labor, exception
processing, hand-filed statement
and statement rendering costs. And
by providing bank customers with
pricing options for monthly statements,
new streams of revenue are created
while more clearly associating product
fees with processing expenses.
BANK BENEFITS
- Revenue
Generation: Image Statement
gives the opportunity to price
statement offerings based on the
expense associated with the offering.
- Postage
Reduction: Image Statement
replaces checks in monthly statements
with digitize images of those
checks. Anywhere from 10 to 42
check images can be reproduced
on a single image attachment page,
significantly reducing the weight
and associated postage.
- Reduced
Sorter Labor and Maintenance: By
eliminating the need to fine
sort the image statement items,
a bank greatly reduces the number
of times documents are handled.
This reduction in item “passes” reduces
both sorter usage charges and
sorter labor costs.
- Reduced
Statement Exception Processing: With
a reduction in document handling,
exception processing of rejected
items is also reduced.
- Reduced
Hand Filed Statements: Most accounts now requiring hand
filing can be processed in an
automated fashion, virtually eliminating
the expense associated with manual
processing.
- Improved
Statement Rendering: Statement
rendering equipment will operate
3 to 4 times faster. And with
the ability to print advertising
insertion information directly
onto the statement, the need for
insertions is reduced.
CUSTOMER BENEFITS
- Higher Quality
Statements: Image
processing enables a bank to
provide convenient, comprehensive,
high quality statements to customers.
Also, the image enabled process
of reconciling exception accounts
can virtually eliminate the problem
of sending out incomplete or inaccurate
statements.
- Personalized
Statements: Image
Statement can be personalized
by account number, statement cycle
or product type to provide customers
with a wide range of individual
options including scaling size,
variable statement text, image
orientation and pinpoint marketing
information.
- Easy Balancing
of Statements: By
providing high quality images
of checks on attachment pages,
the process of balancing monthly
statements and storing the statements
for later use is simplified. Image “snippets” of
the date, check number, pay-to
line and customer signature allow
a customer to view all the critical
balancing information for their
statement on a single image attachment
page.
- Easy Filing
of Monthly Statements: Monthly
statements that include check
images can be easily filed and
stored in a three-ring binder
with dividers separating the
different monthly statements. Managing
and filing hundreds of checks during
the course of the year is no
longer required. Attractive, convenient
notebooks replace shoeboxes and
filing cabinets, reducing the time
and effort required to reference
checks at a later time.
For more information about this solution, contact
Doug Halvorsen at 704.602.5335 or complete our Information
Request Form.
|
|
