Accounts Receivable Conversion / Lockbox Truncation Services

ARC. Moving from paper to electronic processing. Accounts Receivable Conversion (ARC) will change the way you process check payments forever. By converting your eligible payments to electronic transactions and processing them automatically through the ACH network, you no longer need to manually tally deposits and deliver them to the bank. T-Tech's ARC solution is designed to help you be more efficient in processing, centralizing, tracking and researching your ARC transactions.

ARC is designed for companies, such as insurers, utilities, direct marketers, and credit card companies that bill consumers and receive check payments via mail at one or more locations (drop boxes), where the payments are handled in a batch-processing mode.

Consumers continue to enjoy the convenience of mailing their bill payments to you, along with the advantages of mail and some of the collection float associated with such payments. You benefit from the reduced cost of collecting and processing checks and improved efficiencies through the conversion of paper checks to electronic entries.

Benefit from T-Tech's ARC Solution:

• Reduce labor and check processing costs

• Reduce fraud

• Improve funds availability

• Reduce or eliminate multiple depository relationships

• Receive notification of returned items sooner

• Gain additional presentment opportunities with flexible scheduling

• Enjoy later processing deadlines