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Electronic Deposit and Accounts Receivable Posting Solutions

F & E Check Pros offers its customers a wide range of electronic remittance processing solutions. Taking advantage of Check 21 legislation is easy with a solution by F & E Check Pros where customers retain control of their check receipts and deposits. Here is a sampling of the powerful impact we have delivering and realized for our customers:

  • Increased cash flow
  • Savings of valuable labor hours on a daily basis
  • Increased accuracy and speed in posting receivables
  • Significant bank fees reduction
  • Same-day and next-day availability of deposits
  • Next day notification of NSFs (non-sufficient funds)

Call F & E Check Pros for an on-site demonstration and presentation now!

JDS Draft Conversion Plus (DCP)

A family of products designed for remote check capture and electronic deposits. Draft Conversion Plus (DCP) gives corporations and government agencies the abillity to capture data electronically from remittance stubs and checks, as well as, the front and back images. The collected receivables data can then be posted to virtually any accounting system while the funds are electronically deposited into the bank—all without human data entry, tallying and making physical deposits.

DCP is certified with most of the major financial institutions, as well as, with the Federal Reserve and 21 major check clearing institutions. Our customers are supported 24/7 with on-call customer support, dedicated JDS staff (who know them by name and operation) as well as locally by F & E Check Protectors Company.

F & E Check Pros integrates the DCP software application with quality hardware producing a reliable and efficient remittance processing solution, custom designed to your customer's exact requirements. Typical installations reduce data entry time by up to 75%; deposit preparation and delivery time by 80%; and notification of NSF's in terms or hours and days rather than weeks!

JDS Draft Control Processing System (DCPS)

A family of products for financial institutions that implement the features and benefits of Check 21. Draft Control Processing Systems (DCPS) gives all financial institutions, regardless of size, the ability to truncate paper draft documents and process them electronically, immensely reducing check processing time and costs while maximizing efficiencies and customer service.

DCPS enables smaller, mid-size and large banks and credit unions to:

  • process (any portion of their volume) directly with the Federal Reserve Bank
  • provide their commerial customers with low-cost merchant capture and retail backroom solutions
  • provide lock-box operations
  • eliminate courier costs for check logistics
  • eliminate microfilming
  • print substitute checks
  • print image statements
  • provide internet statements
  • process branch capture
  • handle electronic return processing
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iStream Deposit

iStream Deposit works with your computer, high speed internet access and our innovative tools to move checks seamlessly from your business to your depository institution electronically.

iStream
Phone: 330.468.2004
Fax: 330.468.0696