Person signing a check with reports and a calculator in the background

eRemit

An electronic remittance solution to increase operational efficiency!

Saves you time and expense on processing, depositing and posting your incoming checks.

eRemit is a hosted, full-feature remittance solution that allows your business to process checks, payment vouchers, stubs, envelopes, correspondence, and coupons. It is simple to use, like standard Remote Deposit Capture. eRemit not only allows you to scan checks for electronic deposit, but it also allows you to scan remittance/payment coupons at the same time. eRemit then sends the deposit to the bank AND creates a file that is imported into your Accounts Receivable (A/R) system for automatic posting to accounts, eliminating the resources, time, and cost of human manual key entry.
 
Benefits and Features for your Business
  • Accounts Receivable (A/R) process improvement.
  • Research, reporting, and image archival.
  • Time and cost savings.
  • Increased operational efficiency.
  • Same-day credit for deposits received by 6 pm CT.
  • Requires a scanner(s) and access to the internet. No other software or hardware is required.
  • Mitigate fraud exposure by limiting paper check handling. 
eRemit at a Glance
  Graphic of an eRemit screen shot
 
 The above screens illustrate the entire process, from depositing to creation of the Accounts Receivable file. It is very simple and easy to use! Please let us know if you would like to have a demonstration to see the process from start to finish.
Contact a Treasury Services Banker to schedule a demo.
More than 80 billing and accounting systems (including commercial and custom platforms) are supported.
The system’s simple red-light/green-light functionality allows your organization to learn quickly and process transactions the same day as installation. With advanced character recognition, eRemit reads and stores the amount, endorses the checks, and saves the selected identifiers from the coupons – whether free-form, handwritten, barcode, or OCR – significantly reducing errors generated through manual entry. The user can view the front and the back of images while correcting any misread items.
With a click of a button, eRemit will extract all the information and create a posting file that can be exported to almost any billing system.
“The time it has saved us from entering all those payments manually is unbelievable! Adding the capability to scan stubs and checks for billing systems in one COMBO is incredible. The time savings gained by not having to manually process every payment received, allows more quality time spent educating customers and selling our products and services. I give the scanner a little “love pat” every day before I start running the batches through. This process has made my life SO much easier, I shudder to think of what my day would be like if I had to manually enter every check again.” – Utility Company
 
“We used to have 4 full time people that spent 8 hours per day to process payments. After installing eRemit, 1 person can do the same job in about 2 to 3 hours.” – City Office
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Contact a Treasury Services  Banker to learn more about how eRemit can help your business.