Informa Remittance Processing 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.