Customer's checks that are delivered to a biller's remittance or lockbox can easily be converted into ACH transactions. High-speed OCR scanners capture the payment information and check image and the data is then used to create an ACH debit.

Lockbox - High-Speed Scanning & Image Storage

The Ventanex ACH Anywhere™ engine takes this information and integrates it with existing software and stores high quality check images that can be viewed on-line, printed, emailed or downloaded.

Lockbox Features & Benefits

	Reduces the cost of money - electronic checks ARE collected funds
	Speeds collection and processing time
	Overall, ACH transactions cost less than paper checks
	Allows custom alerts and automated return item processing
	Easily integrates with 3rd party services such as risk management
	Connects to any financial institution capable of accepting a secure transmission of a "Fed Ready" ACH file. (No need to change existing banking relationships)

For more information on Ventanex's electronic check conversion solutions, call 888.321.EBIZ (3249) or email us today!