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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

The AQURIT™ solution from AQ2 empowers utility companies to efficiently manage customer payments, including bills and checks, in substantial volumes, thereby allowing them to allocate more resources towards maintaining the high standard of service that their customers expect. This innovative approach is advantageous for cooperatives, municipalities, and rural utilities alike, as it streamlines processes through automation. By utilizing check and remittance coupon image scanning, the need for manual data entry of monthly payments is significantly reduced. Our software is capable of reading each scan to extract relevant information, whether it involves checks alone, checks accompanied by coupons, or full-page documents. Once the data is captured, it ensures that debits and credits are balanced, compiles the information into a transaction for posting, and seamlessly uploads it to any accounting system in use. With AQ2’s AQURIT™ solution, you can digitally gather more customer information while keeping staff levels unchanged, ultimately enabling you to serve a larger segment of your community without compromising your financial health. Furthermore, this efficiency not only enhances customer satisfaction but also strengthens the operational capabilities of your utility service.

Description

Every week, businesses receive millions of envelopes containing checks and payment coupons. All of these must be processed quickly. Processing large amounts of payments has required many bureaucratic decisions to review each payment and process it. This labor-intensive task can take a lot of time and may require temporary workers to complete the job. Imagine if you could speed up your remittance processing by reducing human interactions. The Informa Remittance Processing solution can help you achieve true efficiency. We have seen some of our clients achieve straight-through-processing (touchless) rates as high as 80 to 90%. This all leads to fewer errors and faster payments.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based No 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

AQ2 Technologies

Founded

1999

Country

United States

Website

www.AQ2tech.com

Vendor Details

Company Name

Informa Software

Founded

2001

Country

United States

Website

www.informasoftware.com/remittance-processing/

Product Features

Utility Billing

ACH Payment Processing Yes 
Account Management No 
Billing & Invoicing No 
Cable No 
Collections Management Yes 
Customer Management No 
Electricity No 
Meter Management No 
Metered Billing Yes 
Move In / Move Out No 
Natural Gas No 
Non-Metered Billing Yes 
Online Payment Processing Yes 
Penalty / Cut-Off Processing Yes 
Rate Management No 
Service Call Management No 
Trash No 
Water Yes 
Work Order Management No 

Product Features

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