Checkmation SOAR® for Cities
Checkmation SOAR® Our Core Technology for
City Wide Savings
Checkmation SOAR® Secure Online Automatic Routing (SOAR) drastically reduces the time it takes to process check batches. This Solution
Milestone will allow scanning of 50 checks in less than a minute. Verification and
conversion to images and data takes less than five minutes
Checkmation SOAR® can also be customized
to automatically post to accounting and archiving programs, saving cities even more
on labor costs.
Checkmation SOAR® permits city governments
to remotely deposit check images and data to banks, offering its users a high percentage
of same day cash availability, faster clearing, and elimination of check transportation
cost. Moreover,
Checkmation SOAR® customers
can save on bank fees, and are able to do business with any image enabled bank in
the country.
A Solution That Will Win Your Vote
Checkmation SOAR® Remote Check Deposit
& Back Office Truncation at a Glance:
We know that paper checks will continue to occupy some part of your collection processes
for decades to come. Our solutions strive to convert paper payments at the first
possible juncture, ending their necessary involvement in processing, and eliminating
the cost of storing and transporting them. Our solution suites emulate the familiar
aspects of the tasks city employees already perform, making the transition virtually
seamless. This outlook allows you to advance your processes in an intuitive, practical
way.
Is your city's manual check processing operation too cumbersome and draining
your coffers? Do you desire reduced banking fees and better float management? Do
you want to save on check processing, transportation, accounting and archiving labor?
If you answered yes, let us show you how Checkmation®
can turn things around and help bring your city into this new financial age.
Checkmation SOAR® Remote Check Deposit
& Back Office Truncation at a Glance:
A Typical
Checkmation SOAR® with Remittance
City Installation
Our fees for the 4,500 checks we process have decreased by approximately 56%.
All check images received by our bank’s cut-off time will be processed on the
same business day. Funds are posted to our bank account on the same day they are
processed. The City believes there is significant labor savings in three areas:
daily processing of the checks, researching customer's accounts, and storage/purging
of information. Additionally, the city of Gilroy no longer has the need to store
years worth of utility remittance. The documents are automatically purged from the
imaging repository after one year, and occupy no physical space during that time.
David Chulick, IT Director City of Gilroy, California