Enhance Deposit Efficiency and Accelerate Cash Flow with Remote Deposit Capture

Automated Deposits for More Time on Strategic Financial Initiatives

HighRadius’ Remote Deposit Capture solution automates your entire check deposit process—from data capture to fund deposit and cash application—allowing you to focus on high-value financial tasks instead of manual work.

Trusted By 1000+ Finance Teams Globally

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Discover the Advantages of HighRadius’ Remote Deposit Capture Solution

Automate your check deposit process for improved accuracy and speed. Say goodbye to manual validation—HighRadius automates check data capture, ensuring faster deposits and seamless remittance processing.

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Auto-Capture Check Data

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Validate MICR Instantly

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Deposit via ICL Files

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Auto-Capture Remittance Details

Accelerate Cash Flow with Automated Remote Deposit Capture Software

Streamline your check deposit, reduce errors, and accelerate cash flow effortlessly. With device integration and automatic validation, HighRadius' automation ensures efficient deposits, streamlining the entire process for improved accuracy and faster financial outcomes.

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Seamless Multi-Device Check Deposits

  • Effortlessly connect to 25+ check scanners with mobile remote deposit capture on iOS and Android devices.
  • Achieve high accuracy by capturing magnetic ink for precise Account and Routing numbers.
  • Scan and capture remittances alongside checks for streamlined deposit processing.

No More Duplicate Check Entries

  • Detect duplicates to prevent redundant deposits and maintain accuracy.
  • Safeguard your deposits by flagging duplicates and validating MICR details automatically.
  • Achieve faster processing with automated validation for peace of mind.
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Cut Processing Time with Auto Deposits

  • Deposit checks directly to banks via Image Cash Letters (ICL) automatically.
  • Streamline cash application by integrating automatic deposits and remittance capture.
  • Speed up deposit times and reduce reliance on manual check deposits.

Enhance productivity and drive significant savings with our invoice-to-cash software

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Within 6 months, our Remote Deposit Capture services Sees

Enhance your accounts receivable efficiency, reduce errors, and improve cash flow management with proven, tailored solutions designed for today’s dynamic market.

20%

Item Automation Rate

30%

Improvement in Analyst Efficiency

30%

Elimination of Bank Key in Fees

Our Remote Deposit Capture System Seamlessly Integrate with Your Finance Stack

HighRadius builds solid partnerships and offers robust integration capabilities to streamline your check deposit process.

Our Remote Deposit Capture System Seamlessly Integrate with Your Finance Stack

See What Our Customers Are Saying About Our Remote Deposit Capture Technology

customer-quote

HighRadius was able to provide a solution that eliminated manual operation by providing efficiency throughout our A/R processes

Result

94% of Payments applied automatically to the ERP

100% Deductions auto-coded

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Laurent Gueritaine

Global Process Owner, Invoicing to Cash

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See Success Story
customer-quote

HighRadius has the cash application cloud that goes beyond what the banks and traditional ERP programs do, to support faster payments processing.

Result

82% Automated Cash Posting

100% Elimination of Lockbox Fee Saving $64,000 Annually

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Carolyn Etress

Director of Accounts Receivables

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Ready to Transform Your Check Deposit Experience?

Managing check deposits and remittances manually can be slow, error-prone, and resource-intensive. With HighRadius Remote Deposit Capture Solution, checks are deposited automatically, and remittance data is captured and applied swiftly and accurately. Leverage AI-based remittance capture, auto-validation, and seamless check scanning integrations to improve your deposit and cash application process.

Talk To Our Experts

FAQs: Remote Deposit Capture Solutions

What is remote deposit capture software?

Remote deposit capture software automates the process of capturing both check and remittance information for bank deposits. It enables businesses to scan checks, transmit deposit information, and ensure faster processing by validating check details electronically to their bank.

How does a remote deposit capture solution benefit businesses?

Remote deposit capture provider helps streamline the check deposit process, reducing manual tasks and enhancing accuracy through automated validation. This leads to quicker deposit times, reduced bank visits, and increased efficiency in cash application, leading to improved cash flow management.

How does mobile remote deposit capture work?

Mobile remote deposit capture allows businesses to use mobile devices to scan checks and send deposit data electronically to banks. Using pre-built integrations with mobile scanners, the software automatically validates check details, detects duplicates, and deposits checks using ICL files.

Why should businesses implement a remote deposit capture solution?

Implementing a remote deposit capture solution reduces the time and cost of manually depositing checks at banks. It automates the entire process, including check validation and cash application, allowing businesses to improve efficiency, prevent errors, and enhance cash flow management.