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Product Overview
The AutoRec - forms and cheque processing system (CPS) automates the data capturing process of banks by providing automated forms
(loan, credit card and opening account forms) and cheque/pay-in-slip processing systems using ICR/OCR technology.
Together, with archiving images for later retrieval it provides a complete solution to meet the demands of today's banking process.
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| Application Scenarios for a Core Banking System Cheque/Slip Processing : Outward |
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Here we take a look at how the system would participate in automating the outward process (processing of pay in slips, cheques,
application documents) for differnet banking scenarios.
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| More about Autorec CPS |
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The system is an automated cheque processing and clearing Solution for the requirements of branches/Service Branches/Bank Clearing houses
and is typically suited for services having volumes of 2,000 cheques and above per day. The Solution suite consists of High Speed Inward
data capturing using ICR technology and Clearing verification.
The pay in slips, cheques and application documents are scanned in bulk and sent to the recognition server of the Automated Cheque
Processing System .The recognition server captures data from every document scanned as per the designed fields using ICR/OCR technology.
The recognized data is sent to the banks encoder that performs Company wise sorting and capturing/encoding of the MICR band from cheques
as required. The system could also capture MICR band to perform verification cheques with the encoder.
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| Cheque Processing : Inward |
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Here we take a look at how the system would participate in automating the Inward process by capturing data from in coming cheques from
the RBI clearing house.
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