Faster payment processing cycles

The inherent challenges that face businesses today are as diverse as the businesses themselves and require technology-driven solutions. A simple example of this day-to-day challenge would be the processing of subrogation payments manually.

On average, this manual processing costs $15 to $30 to pass each check through several hands, before being entered into a claim management system and sent to a bank to be deposited.
 
What if you could scan all checks and corresponding documents that came to your company in minutes, and then have them automatically applied to your outstanding claims?

Recclaim’s software does just that, using imaging hardware to optically scan thousands of checks and the corresponding remittance in a matter of minutes, capturing the pertinent information and dollar amounts.

As a claim number is entered, and it matches the settlement, SubroPro will determine deductibles, apply correct values to indemnities, balance deposit and send an electronic deposits to the bank.  No more manual, repetitive handling and special instructions for the accounting department to process the deposits.  To see SubroPro’s and Payment CapturePro’s automated process first hand view this online demo.

Through the use of our technology we are able to associate payments and document imaging data at the point of capture and verify deposit information or hold checks for review. In just seconds our exclusive point-and-click template feature captures or recalls all pertinent processing data, from any payment source, and matches it to the electronic substitute check within daily scan batches.

Cut manual processing up to 60%, transactional costs 40% or more!

Learn more about achieving a reduction in operating costs and how to create additional subrogation recovery opportunities...

For Additional Information
Navigating your way to improve traditional business revenue methodologies can be confusing, but help is closer than you think. Get one-on-one with a Recclaim Business Development representative to see how SubroPro, and Payment CapturePro, can help you.

Learn more about this exclusive solution, designed to manage multiple documents such as checks, multi-page, full-page and other complex payment documents throughout the business flows cycle by accessing the following online information:

• The Cost to Process Subrogation Recovery Checks
• SubroPro System Overview
• Payment CapturePro System Overview
• Increased Employee Performance
• Industry Changing Reporting Tools