Remote Deposit Capture
Make deposits without leaving your desk.
ParaTeller remote deposit capture from Paragon makes depositing your business checks as easy as sending an e-mail. By simply using software and a check scanner, the Company can scan and securely transmit deposits to the bank. Just feed your checks into a small desktop scanner, and the deposit process is complete - improving cash flow, simplifying record keeping, and eliminating the time-consuming hassle of manual deposits.
Features
- Scans your deposit ticket and deposit items
- Reads each deposit item and totals the deposit
- Transmits the deposit electronically from your computer via secure connection
- Stores the deposit images
- Sends a notification email to one or more users to confirm receipt of the deposit
- Secures information with password protection
Benefits
- Reduces time in deposit preparation
- Eliminates out of office time for employees
- Creates an improved cash flow by changing weekly deposits to daily deposits
- Eliminates need to make copies of deposit items
- Eliminates courier fees
- Improves accuracy in deposit preparation
- Provides convenient research capabilities
- Provides thorough documentation of all deposits
- Eliminates geographical banking limitations
- Reduces need for multiple bank accounts for outlying locations