ALF Partners with TDS to Rollout
Distributed Remittance Capture (DRC)
Distributed Remittance Capture (DRC)
[Sept. 18, 2009 -- Phoenix] “Move over Remote Deposit Capture (RDC), it’s time for something new!” states Fred Campos, Vice President of Sales for Arizona Lockbox & Fulfillment (ALF). “As we continue to increase our lockbox footprint around the country, ALF is now offering a simple, low cost distributed remittance solution. This very simple concept brings all the power of advanced lockbox services right to the door of clients and banks who need it without a large financial investment.”
ALF’s Distributed Remittance Capture (DRC) is a bundled, turnkey solution that enables remittance clients and banks to open and scan their work without the large investment in image technology. “The real power,” states Fred Campos, “of DRC is its enabling the client to run full page invoices, EOBs, remittance coupons, envelopes, surveys, data forms & checks on a single customized image platform. The system will encrypt the scanned images and push them up to ALF’s internal lockbox servers located in Phoenix, AZ and Frederick, MD. ALF’s software technology and expert staffing will organize the images and process the work much like it does with its traditional lockbox clients. The clients, or bank’s clients, have access to web based searchable images, a downloadable posting A/R file, and electronically deposited checks.”
Ron Edens, President of ALF, realizes that we are in hard economical times and in-house lockbox solutions are expensive and not always practical without justifiable volume. “Banks want to offer lockbox services but don’t want to be in the lockbox business. Sensitive, complicated, non-profit, retail, government and political clients cannot always re-route their mail to one of our facilities but they are willing to open their mail locally, either as a cost saving measure or simply for control. The ALF DRC solution targets and fits this market.”
To complete this turnkey offering, ALF teamed up with hardware and service provider Technique Data Systems (TDS) who sells, rents, and supports a variety of remittance and full page scanners. “It is an honor and a privilege to be chosen to provide the hardware and related equipment maintenance as the backbone of this new paradigm. I think ALF is on to something big by offering banks the ability to push beyond RDC,” states Steve Baxter, President of TDS. “RDC still has a utility value to a bank’s corporate clients but the technology advantage has become another ‘me too’ commodity. ISO’s may take over the RDC market with or without banks. Bankers know that corporate clients want more than RDC can deliver, DRC is the next evolution and the competitive edge banks need to compete for corporate clients.”
About Arizona Lockbox & Fulfillment Company, Inc. (ALF)
Arizona Lockbox and Fulfillment (“ALF”) is a full service payment processing and fulfillment company with locations in Phoenix, AZ and Frederick, MD. ALF provides a full complement of customized lockbox, image, data capture and fulfillment services to the government, for profit and nonprofit markets throughout the U.S.
About Technique Data Systems, Inc. (TDS)
Technique Data Systems (“TDS”) is one of the most successful providers of check scanner equipment and services in Texas, offering these services to Banks and Independent Software Vendors (ISV) around the country since 1991. TDS offers check capture fulfillment solutions with unparalleled quality and dependability. Their high quality, single-source solutions and progressive end-to-end service offerings set them apart from the competition, enabling them to provide their customers with all of the equipment, support and service necessary to be successful at RDC deployment and now DRC deployment.
For more information, please contact Steve Baxter at 972-772-5040, sbaxter@techdatasys.com or visit www.techdatasys.com.
ALF’s Distributed Remittance Capture (DRC) is a bundled, turnkey solution that enables remittance clients and banks to open and scan their work without the large investment in image technology. “The real power,” states Fred Campos, “of DRC is its enabling the client to run full page invoices, EOBs, remittance coupons, envelopes, surveys, data forms & checks on a single customized image platform. The system will encrypt the scanned images and push them up to ALF’s internal lockbox servers located in Phoenix, AZ and Frederick, MD. ALF’s software technology and expert staffing will organize the images and process the work much like it does with its traditional lockbox clients. The clients, or bank’s clients, have access to web based searchable images, a downloadable posting A/R file, and electronically deposited checks.”
Ron Edens, President of ALF, realizes that we are in hard economical times and in-house lockbox solutions are expensive and not always practical without justifiable volume. “Banks want to offer lockbox services but don’t want to be in the lockbox business. Sensitive, complicated, non-profit, retail, government and political clients cannot always re-route their mail to one of our facilities but they are willing to open their mail locally, either as a cost saving measure or simply for control. The ALF DRC solution targets and fits this market.”
To complete this turnkey offering, ALF teamed up with hardware and service provider Technique Data Systems (TDS) who sells, rents, and supports a variety of remittance and full page scanners. “It is an honor and a privilege to be chosen to provide the hardware and related equipment maintenance as the backbone of this new paradigm. I think ALF is on to something big by offering banks the ability to push beyond RDC,” states Steve Baxter, President of TDS. “RDC still has a utility value to a bank’s corporate clients but the technology advantage has become another ‘me too’ commodity. ISO’s may take over the RDC market with or without banks. Bankers know that corporate clients want more than RDC can deliver, DRC is the next evolution and the competitive edge banks need to compete for corporate clients.”
About Arizona Lockbox & Fulfillment Company, Inc. (ALF)
Arizona Lockbox and Fulfillment (“ALF”) is a full service payment processing and fulfillment company with locations in Phoenix, AZ and Frederick, MD. ALF provides a full complement of customized lockbox, image, data capture and fulfillment services to the government, for profit and nonprofit markets throughout the U.S.
For more information, please contact Fred Campos at 817-858-0936, fred.campos@azlockbox.com or visit www.azlockbox.com.
About Technique Data Systems, Inc. (TDS)
Technique Data Systems (“TDS”) is one of the most successful providers of check scanner equipment and services in Texas, offering these services to Banks and Independent Software Vendors (ISV) around the country since 1991. TDS offers check capture fulfillment solutions with unparalleled quality and dependability. Their high quality, single-source solutions and progressive end-to-end service offerings set them apart from the competition, enabling them to provide their customers with all of the equipment, support and service necessary to be successful at RDC deployment and now DRC deployment.
For more information, please contact Steve Baxter at 972-772-5040, sbaxter@techdatasys.com or visit www.techdatasys.com.
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