Managing timely payments information for customer service, working capital management, auditing and regulatory compliance is an increasingly difficult challenge. Manual and semi-automated accounts receivable (AR) systems – and traditional lockbox processing systems – are not enough.
Kofax iRemit is a cloud-based platform for banks and third-party lockbox providers to help customers improve remittance data management – all in a highly secure and compliance environment.
iRemit provides the anytime anywhere access to payments and remittance information that businesses need for working capital management, customer service and compliance and control.
Reduce operations costs
Increase employee productivity
Improve information quality and compliance
Enhance customer service and business value
iRemit enables distributed access to payments and remittance information and offers a robust toolset for AR processing:
Store, manage and retrieve ACH information in a centralized location.
Improve customer service with features like exceptions decisioning, search, item maintenance, data exchange with other systems and reporting.
Stay compliant with integrated HIPAA, PCI, BSA, FFIEC and SSAE 16 compliance standards.
Trust our fully redundant architecture with automated failover and secure hierarchical user access, industry-leading audit tracking and reporting.
Configure user experience, workflows and business rules and load hundreds of millions of images each month.