With Remittance Solutions from Fiserv, your financial institution can offer comprehensive receivables management, remittance processing and lockbox services to customers in multiple industries.
Financial institutions need to deliver services to their customers that enable faster accounts receivable posting and information access, but that don't require significant capital expenditures for new or upgraded technology. Remittance Solutions from Fiserv enable you to offer a high-quality receivables management package - including wholesale, retail, image and wholetail lockbox services and industry-specific solutions - all with no capital expenditures.
A remittance solution can help financial institutions enhance customer relationships and grow valuable fee-based revenues and deposits, but building and maintaining the solution in-house can require major capital and staff expenditures. Instead, outsource to Fiserv. Rely on our remittance processing solutions, imaging technology and expertise to shift your costs from fixed to variable. Our national network of lockbox sites processes the full breadth of lockbox transactions and facilitates your customers' transition to electronic payments. We capture images of checks and documents, deposit your customers' funds, create image cash letters for electronic clearing and report detailed payment information online more efficiently than ever before.
In addition, we offer revenue cycle management solutions for the healthcare industry and comprehensive receivables management services for property managers. And all solutions are private-labeled so your customers see only your logo and brand name.
Our solutions provide financial institution customers with:
Our remittance solutions will help financial institution customers: