RemitPro Adds Comprehensive Remittance Advice Processing to Its Remote Deposit Capture Solution

RemitPro, a service bureau specializing in Remote Deposit Capture software announced today that it has added a number of new features to its solution. The most significant enhancement in the release of eRemitPro 4.0 is remittance advice/coupon processing capabilities. In addition to check scanning, customers can now scan documents and the application will balance the coupons to the check at both the transaction and batch level. RemitPro's application takes coupon processing to unprecedented levels by allowing customers to scan one or many checks to one or many coupons while maintaining the integrity of the transaction and balancing the items. .

Omaha, NE (PRWEB) April 25, 2008 -- RemitPro, a service bureau specializing in Remote Deposit Capture software announced today that it has added a number of new features to its solution.

The most significant enhancement in the release of eRemitPro 4.0 is remittance advice/coupon processing capabilities. In addition to check scanning, customers can now scan documents and the application will balance the coupons to the check at both the transaction and batch level. RemitPro's application takes coupon processing to unprecedented levels by allowing customers to scan one or many checks to one or many coupons while maintaining the integrity of the transaction and balancing the items. .

Customers can have an unlimited number of coupon templates pre-configured thus providing maximum flexibility for organizations that have multiple types of remittance advices. The application will systematically select the appropriate template "on the fly" thus accelerating the throughput of documents.

"We are very excited to release this new functionality into the application further strengthening RemitPro's position as the leader in Remote Deposit Capture product feature functionality", said Jana Waughn, CEO of RemitPro. "Our customers are looking for desktop lockbox capabilities and we responded with state of the art technology to enable efficient payment processing".

Comprehensive CAR/LAR, OCR and IQA functionality is provided through Mitek Systems' ImageNet™ Payments Remote Remit. Mitek Systems' technology is a powerful check and coupon identification, extraction and signature detection application, optimized for Service-Oriented Architecture deployment. The patented technology breaks new ground in remittance processing as it's the first product that dynamically extracts data from a batch of coupons and checks with various designs - with little manual setup of coupons and checks.

"With Mitek System's proven technology, eRemitPro 4.0 continues to deliver effective Remote Deposit Capture software to its customers," said James DeBello, president and CEO of Mitek Systems. "Our industry-leading technology will ultimately help RemitPro customers save time and costs immediately upon implementation."

With the release of this software, RemitPro adds to its already rich product suite that includes general ledger interfaces, hierarchical reporting, web-based administration, and smart settlement routing based on MICR.

About RemitPro

RemitPro is a leading provider of Remote Deposit Capture technology through its industrial-strength Check21 and ACH solutions designed and architected for corporate accounts receivable payment processing. For more information about RemitPro, please visit our website at www.remitpro.com or call us at 1-877-861-0005 x101.

About Mitek Systems

Mitek Systems (OTCBB: MITK; www.miteksystems.com) is an innovator of image analytics and pattern recognition technologies used by financial institutions, life science companies, and government agencies. The company develops and markets the most comprehensive suite of intelligent recognition software used to test, clean, read and authenticate imaged documents and objects, and its software is used to process more than nine billion transactions per year. For more information about Mitek Systems, contact the company at 858-503-7810 or visit http://www.miteksystems.com

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