JU$TCHEX trims returned checks for Weight Watchers Franchisees

Online recovery system helps Weight Watchers Franchisees with their bottom line.

Oxnard, CA, October 30, 2003 - JUSTCHEX, LLC, (JU$TCHEX") the leading provider of online returned check recovery solutions was first introduced to the W.W. Franchisee Association, Inc. (the association of Weight Watchers Franchisees) at their meeting in May of this year. Last week the company attended the October meeting of the WWFA in Chicago where it was confirmed that the JU$TCHEX solution (http://justchex.net) has proven to be highly effective for the early adopters within the WWFA membership.

Of all the new systems we have put in place over the last several years, this has been the smoothest of all. The support has been great and so have the results, says Jay Oppenheimer, from the Weight Watchers Franchise in Fort Worth, Texas, and Im comparing this to systems we have paid for - this system is a free online solution!"

The processing of returned checks for clients with higher volumes like the Fort Worth franchisee is automated. When the checks are deposited the endorsement stamp includes special routing instructions that enable the banking network to send only the returned checks to a consolidated account. This save their business office from having to handle these checks a second time. The JU$TCHEX solution is designed to import the required information related to those returned checks directly from the consolidation account data file. The added benefits beyond improved logistics include the reduction in the number of days it takes to begin the recovery process, and the speed in which their business office knows that a check has been returned.

It is not everyday that you find a solution that works this well. We tested it and I had to take a double take when I first saw our results. We now work smart when it comes to returned checks -- we stamp the checks for deposit and then check the results via online reporting that we reconcile against our bank statements," says Gary Sachs, Weight Watchers Franchisee located in Indiana.

"Our company has always embraced and even developed technology solutions -- JU$TCHEX is a highly effective business solution with innovative functionality built on a solid online technology platform. And the ROI comes in the first use," according to Chris Branoff, Weight Watchers Franchisee located in Michigan.

JU$TCHEX provides thousands of clients with a highly effective online solution for the electronic recovery for all returned checks. Clients are paid 100% of the face value plus the majority of the recovered state fee for NSF checks and collections items are converted to an electronic format and forwarded to one of the participating collection agencies.

The results and reaction to the performance of this solution from some of our key membership is impressive. We are very pleased to have vendors of this quality supporting the business processing needs of our franchisees," added Marcie Gorman, the franchisee from Weight Watchers of Palm Beach County, Inc, and President of the W.W. Franchisee Association, Inc.

A cornerstone of the site is the data management capabilities for large scale clients which lets them avoid the cost of custom application development to process these checks and report back to other connected systems such as billing and customer service. The client services include consolidation of returns, data management, recovery and online collections.

JU$TCHEX highly values the client support that we have received from everyone at the WWFA and we are committed to providing their members with the best tools to minimize the operational impact of returned check while maximizing the financial returns, according to Richard McShirley, the VP of Business Development for JU$TCHEX.

About JU$TCHEX

JU$TCHEX is an IBM business partner that provides online access to secure NSF check re-presentment. Merchant registration for JU$TCHEX is free and can handle clients with one or thousands of locations. JU$TCHEX has positioned itself as a leader by listening carefully, thinking ahead, and moving with purpose to provide clients with access to the best solutions.

For more information please visit http://justchex.net, or call JU$TCHEX at 805-604-4472.

Media Contact: pr@justchex.net