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What is Informa Remittance Processing?

Each week, businesses handle countless envelopes filled with checks and payment coupons that require swift processing. The necessity of processing such a high volume of payments has led to the implementation of numerous bureaucratic steps for reviewing and handling each transaction. This meticulous, labor-intensive process can be time-consuming and often necessitates the hiring of temporary staff to manage the workload. Imagine the possibilities of enhancing your remittance processing by minimizing the need for human involvement. The Informa Remittance Processing solution is designed to help you realize significant efficiency gains. Many of our clients have reported achieving remarkable straight-through processing (touchless) rates ranging between 80 and 90%. The outcome of this improvement is a reduction in errors and an acceleration in payment cycles, ultimately benefiting the entire organization. Embracing such a solution can transform your payment processing experience remarkably.

What is AQ2 Remittance?

Organizations that accept checks for payments can significantly benefit from adopting AQ2 Remittance. This adaptable solution caters to businesses that process anywhere from 25 to 50 checks daily and is capable of scaling up to handle hundreds or even thousands of transactions. By implementing cutting-edge check capture technology, companies can achieve notable reductions in both operational costs and labor expenses. AQ2 Remittance enables the rapid electronic transmission of check images and essential data, thereby removing the necessity for couriers or frequent visits to bank branches. Furthermore, the tedious expenses linked to manually recording check amounts on deposit slips, conducting manual research, and distributing physical copies are rendered unnecessary. This all-encompassing check capture and electronic deposit solution is specifically designed for enterprises, ensuring seamless data extraction that can be directly uploaded into accounts receivable systems. The efficiency and ease of use offered by AQ2 Remittance can revolutionize the way organizations handle their check payments, ultimately leading to improved cash flow management and operational productivity. As a result, businesses can focus more on their core functions rather than being bogged down by outdated payment processes.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Informa Software

Date Founded

2001

Company Location

United States

Company Website

www.informasoftware.com/remittance-processing/

Company Facts

Organization Name

AQ2 Technologies

Date Founded

1999

Company Location

United States

Company Website

www.AQ2tech.com

Categories and Features

Categories and Features

Accounts Receivable

ACH Payment Processing
Billing & Invoicing
Check Processing
Collections Management
Online Payment Processing
Overpayment Processing
Partial Payments
Receivables Ledger
Recurring Billing

Electronic Data Capture

Audit Trail
CRF Tracking
Data Entry
Data Verification
Distributed Capture
Document Imaging
Document Indexing
Forms Management
Remote Capture
Study Management

Payment Processing

ACH Check Transactions
Bitcoin Compatible
Debit Card Support
Gift Card Management
Mobile Payments
Online Payments
POS Transactions
Receipt Printing
Recurring Billing
Signature Capture

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