Imaged Remittance Processing

Think your financial institution is too small for an imaged remittance processing solution? Think again. Open Solutions offers an image-based automated payments processing solution — Flex — that fits any size financial institution. Flex captures and digitizes paper payment documents into an imaging system, enabling institutions to streamline remittance operations, reduce costs and generate new fee income.

Available to both in-house and outsourced processors and revenue generating service providers, Flex can accommodate volumes from 20 to 50,000+ transactions per day. Better yet, it co-exists on the check imaging system, potentially eliminating the need for additional hardware.

Because each financial institution is different, with a distinct set of needs, goals and resources that contribute to a unique operational environment, Open Solutions partners with you in designing the best payment processing solution for your short-term needs and long-term technology planning. Our Flex solution includes:

• System flexibility to process a variety of payment types, from retail and retail/wholesale to exception payments,
• Advanced image archive and retrieval,
• Management of derogatory files,
• Faster access to accurate data through automated capture capabilities and much more.

Flex provides everything you need for a comprehensive automated payments processing solution. Contact Open Solutions today at image@opensolutions.com to help your institution maximize the potential of your check processing infrastructure and enhance efficiency and profitability.