Cheque Encoding Solutions

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Smart Encode

Do you want to know how to minimise the time and effort it takes to separate cheque encoding and inventory? Decrease discrepancy of data? Ensure that your cheque transaction security isn’t at risk?

The current cheque encoding process involves ineffective steps that lead to questionable quality and reduced security.  There is minimal or no integration to the internal banking database, resulting in more work that is both tedious and lengthy. Without a direct method of automatically recording all issued cheques, inventory is tabulated separately after the encoding process.

BSS introduces to you SMARTENCODE™, a cheque encoding and inventory application in one. This gives your business the flexibility to encode any MICR field on cheques. It’s user configurable, giving you the ability to directly print any number of cheques when requested. It automatically stores the figures in the database, and cheque status is consistently updated for control and monitoring purposes.
 

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This system utilises FZ-4103 MICR Reader-Encoder machine to automate the amount encoding process on outward cheques.

Features:

  • Automatic amount encoding on cheque
  • Reject repair for unreadble cheques
  • Input data interface from a formatted text file
  • Cheque details report
  • User Management


Benefits:

  • Meet window times for the following cheque process
  • Minimise significant costs over manual operation
  • Streamlined cheque encoding process
  • Achieve business objectives with efficiency and effectiveness
  • Leverage corporate image
  • Equipped with new business strategies from competitors


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