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Article: BancTec's Check 21 and ARC: The Sum Is Greater Than the Parts.
- Article from:
- PR Newswire
- Article date:
- February 24, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DALLAS, Feb. 24 /PRNewswire/ -- Check 21 and accounts receivables conversion (ARC), two promising approaches to check truncation and clearing, will prove to be a potent combination. Together, they offer check and remittance processors two more tools for clearing and settling checks faster, cheaper, and more accurately than ever. The danger companies face is implementing one of these methods in place of the other, limiting their organization's ability to meet the industry's fast-changing check and payments landscape. Companies that take early steps to develop a comprehensive check clearing strategy -- encompassing both check truncation and ARC -- will be rewarded with ...