EDS*PAYSM for Check Processing Services: Executive Overview
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- Executive Overview
- Business Case
- Technical Summary
Cut Costs and Process Paper Checks Efficiently
The volume of paper checks drops about 15 percent every year. The cost of processing those checks in-house increases by 40 percent every year, principally from transportation and storage expenses. But until paper checks become obsolete, you've still got to process them.
Make it simple and cost-effective with EDS*PAYSM for Check Processing Services. You benefit from the latest technology with no capital investment in equipment. And the expertise of EDS, an HP company, in systems integration, electronic check processing, e-commerce and the needs of large banking institutions helps you transition to new processes with a competitive advantage.
- Use imaging technology to improve efficiency and customer satisfaction
- Generate additional fees from customers who view their statements and canceled checks on your bank's Web site or who wish to receive paper checks
- Standardize bank processes across multiple regions
- Transition smoothly to phone- and Internet-based systems
Improve Your Post-Capture Check Processing
Using advanced imaging technology, EDS*PAYSM for Check Processing Services improves the speed and accuracy of post-capture check processing. And decreases statement postage costs and paper document handling. Plus, expedited response to customer inquiries and Internet delivery of check images mean happier, more loyal customers.
Reliable Check Processing For Less
EDS*PAYSM for Check Processing Services not only provides consistency and reliability in check processing but also lowers processing costs since your technology investment is shared among a wider base. You receive products and services tailored to your requirements and backed by EDS' strong commitment to service excellence, including:
- Image-enhanced services
- Standardized nationwide platform
- Proven back-up support from a disaster recovery network
- Checks sorted and sent to appropriate clearing institution
- Data files for posting transactions provided to clients accounts
We combine advanced technology, proven service and unparalleled industry experience to meet your business needs.
For more information about what EDS can do for you, submit a business inquiry.