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Remittance Processing

Featured Clients

American Traffic Solutions

During the course of this 9-year contract, TDEC processed traffic tickets issued from red-light cameras in the State of Delaware, providing mailroom services, data entry, balancing and deposit services as well as reporting and disposition. TDEC maintained or exceeded contract performance requirements including 24-hour turnaround time and 99.9% accuracy levels.

The Sovereign Order of Malta Federal Association

Since 2007, TDEC handles all aspects of the Federal Association’s member payment processing, including mailroom services, data verification, remote deposit capture, imaging, daily reporting and disposal. To date, TDEC has processed more than 10,000 remittances on the Order’s behalf allowing the Association to focus on its mission. READ the full case study.

Services

  • Mail prep and scanning (outsorts, certified mail, tracking)
  • Data collection (payment, voucher form balancing)
  • Coding and indexing
  • Remote deposit capture
  • Quality management
  • Data perfection (balancing deposit with data files)
  • E-file production (deposit, image, data, reporting)
  • Disposition (storage, shredding)

Benefits

  • Improved operational efficiences
  • Rapid and secure revenue deposits
  • Reduced operational costs
  • Scalable resources

Resources

  • Multiple lockbox centers (Oakland, MD and Winchester, VA)
  • Fully redundant platforms
  • $1B in annual check volume processing
  • Wholesale and retail options available
  • Multiple platforms (Opex, Fujitsu, Kofax, Ascent Capture, Unibase Key-from-Image)
  • Security (Fully-secure and audited lockbox locations)
  • Additional data entry resources (Columbus, OH and Brick, NJ)

Tearsheet: Remittance Processing Project Expertise
Case Study: Order of Malta Federal Association (USA) Speeds
Member Remittances with TDEC Services