Our client's cash team spent 75% of their time processing cheques, while cheques only accounted for 7% of all receipts.
We investigated several solutions to reduce the time taken—mainly focusing on reducing manual data entry.
We put together a complete end-to-end process, including CIPRO from Business Systems Ltd—driven by a powerful handwriting recognition system from Burroughs Payment Systems.
The final system scans and reads the cheques—including handwritten amounts—seamlessly passing the bank data and cheque values to the back-office systems.
Cheque processing times reduced by 83%.
The system avoids re-keying, but also, because of its in-built validation system it completely eliminated errors. This reduced queries and complaints, providing a better service to the firm's customers.
Is your business software up-to-scratch?
Does everything just seem so "manual"?
Do the simplest of tasks seem to take an inordinate amount of time?
Do you have that feeling that there must be a better way?
But where to start?
We work exclusively with leaders from small and midsized businesses who want to create blissfully efficient businesses.
We can help you achieve just that, put us to the test!