Merchant Remittance
Remittance Processing Solution for Utilities
Do your employees spend hours each week to manually sort, reconcile, post and enter payment data into your accounting system? Now you can drastically reduce this time and allow them to work in more productive ways!
With today's benefits of digital, image-based check handling brought about by Check 21 legislation, utility companies processing thousands of checks and/or coupons per month can improve operational efficiencies with this affordable system.
Here's How:
- The image-based software automatically reads all check and coupon information, including handwritten amounts, as items pass through a scanner.
- In a single routine, all electronically captured transactions can be repaired, balanced, sorted and placed in an on-line archive.
- It creates accounts receivable posting files for all accounting systems and works with more than 40 types of scanners.
- It can make optional electronic bank deposits.
Snapshot Technologies Customer Experience
Oak Ridge Utility District, Oak Ridge, TN, is a natural gas distributor for two counties using Daffron's utility accounting system. For several years, Oak Ridge's Customer Service Director, Leslie England, searched for the right software solution to handle the company's remittance processing needs of 12,000 check payments with coupons per month.
After researching ten vendor solutions and participating in several hands-on software demonstrations, Oak Ridge determined that based on product quality, pre-sales support and cost effectiveness, Snapshot's Merchant Remit solution outpaced all the others.
Leslie said she was pleasantly surprised when Snapshot asked "What can we do for you?" She added, "Your company has a unique view on the industry. You were not looking to sell us a cookie cutter scanning system–you wanted to find what would work best for us and treated us with integrity–like a partner. We also found your remittance solution to be very cost effective. I can't imagine any utility company not selecting Snapshot and its remittance solution."
To learn more about SnapWeb, please call 877-230-9006 or contact us via e-mail at mjh@sst123.com