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Scanner and Software-Free BOC
Solutran’s Point-of-Sale (POS) and Imaging Network (SPIN) solution offers you a unique time and money-saving approach to back office conversion. The SPIN model takes advantage of your existing infrastructure while integrating Solutran’s POS and imaging platform and our market-leading returns platform to provide you with an all-inclusive solution. Eliminated are the capital expenditures required by other back office conversion models, including scanner purchases, software licensing, and check storage and destruction. SPIN has the ability to reduce fees, increase availability, and increase return check savings.


The Difference with SPIN
Solutran’s unique solution to back office conversion, SPIN, requires no purchasing of in-store scanners or software. Our model also eliminates the need for your organization to image and destroy checks received. SPIN eliminates additional training and depository prep functions. There is no signature requirement, therefore eliminating any potential disruption to your current check-out process. Solutran combines these aspects with our market-leading returns platform to offer you our “SPIN” on back office conversion. By implementing SPIN, your company has the opportunity to save both time and money.


Unique Product Benefits

 
- No capital expenditure
 - Capture MICR and process from POS
 - Outsourced approach to check imaging and destruction
 - No encoding of checks
 - Consolidation to central bank account
 - Integration with market-leading returns platform


Significant Cost Savings

 
- Reduced bank fees
 - Increased availability
 - Return check savings


Solutran's POS and Imaging Network: How It Works
SPIN creates a new way to process payments from the POS, and most importantly, gets the money into your bank account faster.

With Solutran’s SPIN solution, all you need to do is capture the MICR line and dollar amount from POS, submit the file, then ship your checks to one of our imaging and archiving centers.

At that point, Solutran takes care of the rest. We then begin processing your transactions via ACH or image exchange from the POS file and imaging, archiving, and destroying the original checks. This process gets you what you want: your money faster with little to no change to your existing depository process.

 

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6.20.2007
Solutran featured in Celent Report:
"The State of Remote Deposit Capture..."
 

5.15.2007
Solutran featured in Financial Insights Newsletter:
May 2007

5.14.2007
Solutran featured in Transaction News
Vast Benefits of Back Office Conversion...

5.8.2007
Solutran featured in Digital Transactions
How BOC's Costs Create Opportunities for Check Processors...

 

Additional Information

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Accounts Receivable Conversion (ARC)

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Back Office Conversion (BOC)

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SPIN

- Remote Capture

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Electronic Phone Check (TEL)

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Internet-Initiated Entry (WEB)

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Point-of-Sale Check Conversion (POP)

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Re-Presented Check Entry (RCK)


 

Sample Reports

To request a sample report, or for more information, please email solutions@solutran.com or your sales representative.

 
     
       

 

     
       

 

     
 
       
       
       
   
       
       
       
       
 
 
   

Phone: 763.559.2225     Fax: 763.559.8872     Email: solutions@solutran.com

 
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