Automated Cheque Settlement
SMARTSETTLEMENT™
Automated Cheque Settlement
Streamline your cheque settlement process with SMARTSETTLEMENT™, an advanced solution designed to automate and optimise cheque clearing operations. With its cutting-edge features and seamless integration capabilities, SMARTSETTLEMENT™ ensures efficient and error-free settlement processes for banks and financial institutions.
Key Features of SMARTSETTLEMENT™
Automated Sorting Function
Automatically sorts cheques based on receiving BSB number, eliminating the need for manual sorting and reducing processing time.
Reject Re-entry / Reject Repair System
Built-in system for handling rejected cheques, allowing for quick re-entry or repair to minimise delays and errors.
Advanced Clearing Reports
Generate detailed clearing reports to track and analyse cheque settlement activities, providing valuable insights for decision-making.
Inter-bank Transactions Settlement
Facilitate seamless settlement of inter-bank transactions, ensuring smooth transactions between different financial institutions.
Integration Capabilities
Easily integrate SMARTSETTLEMENT™ with clearing houses or banks’ accounting systems for streamlined operations and enhanced efficiency.
Transform Your Cheque Settlement Process
with SMARTSETTLEMENT™
Experience the benefits of automated cheque settlement:
Automate tedious tasks and reduce processing time, allowing for faster and more efficient cheque settlement.
Minimise errors and discrepancies with advanced sorting and reporting capabilities, ensuring accurate settlement processes.
Reduce operational costs associated with manual processing and errors, saving time and resources.
Stay compliant with regulatory requirements and industry standards, ensuring secure and reliable cheque settlement operations.
Provide faster and more reliable cheque settlement services to customers, improving overall satisfaction and loyalty.
