Transaction Journaltm processes vouchers anda coupons in a single pass. Unqiue intelligent character recognition deciphers the value regardless of where the codeline is placed. This avoids time-consuming hand sorting or multiple passes in order to decode the value and intrinsic details. Our capture process automatically counts and calculates the value for batches of mixed items. This is mmediately verifiable against deposit value details.
Machine readable codelines in MICR or OCR formats are captured at point of sale or at Bullion/Cash Centres where processing takes place alongside cheque and cash reconciliations.
Image capture and digital storage provides a permanent audit trail after the physical vouchers have been sent for destruction.
End-to-end voucher processing enables retailers and intermediaries to understand consumer spending patterns, maximise loyalty and to combate counterfeiting. It simplifies mail-order processing by snychronising data for the mail-out process and manages large volumes of payments, rapidly enabling cheques to he deposited into the clearing system for collection.
Vouchers are an increasingly popular means to pass on value for exchange to goods and services. Efficient tracking and processing maximises staff time and the investment placed in offering this type of transaction.
© 2009 Solchar Limited, All Rights Reserved