Remote Deposit Solutions

The cost of processing “electronic” payments are increasing. New credit/debit card rules are creating a resurgence in the use of paper checks.

Remote deposit is a low-cost method to process check payments without delivering checks to the bank. With remote deposit, you can scan an image of a check, send the image to your bank and see the funds added to your account more quickly.

Girard’s has many levels of Remote Deposit ranging from simple check-only processing to a full accounts receivable conversion, which includes scanning the returning remittance slips with the checks and creating a AR posting file as well as the electronic bank file.

Reduce staff time

• No need to create a deposit ticket for the bank
• With the full accounts receivable conversion time is reduce when entering data payment information into the accounts receivable system

Reduced transportation cost

• Courier fees and/or trips to the bank are reduced or eliminated

Electronic deposits clear the banking system faster

• Ensures quicker access to deposited funds
• Faster notification of returned checks

Bank fees are generally less for electronic deposits than for physical deposits

Customer service enhanced

• The information and images are stored and available for research
• Images and information can be searched from any computer

Flexibility

• Deposits can be made any time of the day (note: most banks have cut-off times for same day credits)
• All departments can process their own checks
• Deposits can be made by each department or lumped into one deposit for the organization
• Multiple accounts can be scanned and tracked with one or multiple scanners

There are two forms of remote deposit solutions, thick or thin client. 

Thin Client - images and information is stored on a secured server maintained by the manufacture

Advantages:

• Software is loaded and maintained on the manufacture's system
• Software can be accessed from any computer

Thick Client - images and information is stored on a server maintained by the client

Click here to fill in a remote deposit questionnaire and have Girard's find the perfect solution for you.