All MY Checks™ Expanded Functionality Provides Low-Volume System Integrators with Low Cost Solution for Generating Check Image Cash Letters for Remote Deposit Capture with industry leading CAR/LAR recognition
Saratoga, California, April 10, 2013 – All My Papers (AMP), a developer and distributor of software products that address critical interoperability and data integrity issues for check image exchange today announced a reseller agreement with Orbograph, a leading supplier of recognition solutions for the U.S. check processing market. Orbograph’s Automation Services for RDC with industry-leading CAR/LAR are now seamlessly integrated into All My Checks™, a Windows software application for converting scanned mixed business documents (such as checks, invoices, contracts) into check image cash letter files (ICL/X9.37/UCD) for Remote Deposit Capture (RDC).
All My Checks is installed in many client locations in a “lights out” automatic operation with system integrators, ISV’s, service bureaus and end-user clients who develop RDC platforms with any variation of image capture tailored to corporate, consumer and mobile RDC.
All My Checks software automatically processes a folder of scanned documents with the following internal workflow:
- Locates and extracts check images intermixed with business documents
- Reads, parses and formats MICR data into Routing and ONUS numbers with low substitution errors
- Prepares 200 dpi TIFF compliant check images for RDC processing Achieves check processing automation of 90-98% via CAR/LAR results
- Provides dollar amount entry options to minimize exceptions in downstream processing
- Creates conforming check image cash letter files (ICLX9.37/UCD)
- Formats ICL’s for major exchanges or bank specific formatting
“We are seeing a new business model evolving with our suite of check recognition solutions,” stated Barry Cohen, Co-President for Orbograph. “All My Papers has identified a value proposition within its product workflow which provides a simplified interface for RDC providers. Additionally, they are leveraging our technology in a hosted environment, insuring a cost effective hardware deployment.”
“Automatic recognition software that is highly accurate with expanded features that are economical is essential to expanding the Remote Deposit Capture market,” stated Bill Lange, Vice President of ALL MY PAPERS. “The integration of All My Checks with Automation Services for RDC eliminates manual processes which improve the RDC client experience.”
About ALL MY PAPERS
Saratoga, Calif.-based All My Papers (AMP) is a developer and distributor of software toolkits and applications. AMP's core competency is Image Cash Letter (ICL) processing software. Products include the technologies required to perform interoperability and data integrity processes such as: extract MICR data from check images; validate check data; view, edit, and conformance-check ICLs letters; and print IRDs. For more information about All My Papers, visit the company's website at www.allmypapers.com.
Orbograph (www.orbograph.com), a subsidiary of Orbotech, is a premier provider of recognition-centric services and software for check processing in the financial industry and end-to-end electronic solutions in healthcare revenue cycle management (RCM). Orbograph technologies are in use in over 1,000 financial institutions, service bureaus and billers processing billions of checks and claims annually. Orbograph solutions are utilized by 20 of the top 30 U.S. financial institutions with in-house check processing. In healthcare payments, Orbograph P2Post™ and Orbograph E2Post™ utilize innovative EOB conversion technologies to automate posting of receivables into practice management systems. Orbograph enables clients to envision more for their organization by reducing costs and managing risk while ensuring that achieving more is a reality.
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NOTE: Actual performance may vary according to hardware used, configuration or other factors within your processing environment. Statistics cited in this release do not constitute guarantees of performance. For more information, visit us online at www.orbograph.com.