A BETTER WAY TO PROCESS CHECKS
CHECK IMAGING IMPROVES YOUR CASH MANAGEMENT AND SAVES YOU TIME AND MONEY
Merchant Capture is a state-of-the-art receivables solution that allows you to capture images of checks received and to deposit those items, electronically, from wherever you do business. First Community Bank provides the software, scanner (at a fee), and support to turn your PC and Internet connection into a virtual teller window.
Merchant Capture offers exciting features to streamline your workflow and to strengthen your internal controls, such as:
- Intelligent Character Recognition technology automatically reads and enters check amounts
- Duplicated item search and MICR line validation to help detect fraud
- Quality assurance to reduce the risk of returns due to poor image quality
Merchant Capture does more than just save you the time and cost of transporting paper to the bank; it offers you ways to help simplify your cash management structure, such as:
- Ability to deposit checks into one bank account, eliminating the need to transfer funds from multiple depository banks for investments or working capital needs
- Opportunity to decrease the number of bank accounts you maintain to reduce bank fees, free up non-performing balances, and lessen the number of account reconciliations
- Extended deposit cutoff times allow later receipts to be credited the same day, putting those funds to work sooner