All My Papers

Lockbox

Transform your lockbox operations with cloud-based
check image and image cash letter technology

With cloud access to our proven and robust lockbox software, it's easier than ever for financial institutions and 3rd party service providers to extend lockbox service to cash management clients.

All My Papers Lockbox handles mixed documents seamlessly.

All My Papers Lockbox is a comprehensive image-based solution on a cloud platform. The solution processes incoming check images and remittance documents from a wide variety of sources and in a wide variety of formats. AMP Lockbox converts the images and corresponding data into deposit-ready image cash letter files.

Lockbox Conceptual Diagram_Cloud Diagram

Processing Flow

How It Works

All My Papers uses leading technology to deliver a highly efficient remittance processing solution.

 

Check images are automatically located within streams of different scanned document types, extracted, and prepared for exchange, eliminating the need to scan checks separately from other documents.

 

Data from the images are extracted using MICR and CAR/LAR recognition, as well as bar-coded data from remittance coupons.

 

A robust reject and repair interface enables data correction and check rescans

 

Exchange-ready image cash letter files compatible with the U.S. and Canadian financial institutions of your choice are prepared along with a variety of reports.

 

Custom data files are optionally created for integration with core accounting systems and other downstream interfaces.

pd1

Identifies and extracts check image and remittance documents from various sources and in various formats including

  • individual check image files, and optionally CSV files containing associated MICR and dollar amount data
  • multi-image TIFFs and PNGs containing check images and optionally, the associated remittance documents
  • direct check image capture from select Panini scanners
pd2

Uses MICR OCR technology to obtain MICR data from check images including routing, transit, and account numbers. Read MICR accurately with low substitution errors.

pd3

Uses CAR/LAR technology to obtain dollar amount data from the legal and convenience amount fields on the check images

Optionally, extracts bar-coded data from remittance coupons

pd4

Provides an easy to navigate interface for operators to review exception items (e.g. MICR read errors, missing amounts, unacceptable and duplicate images) and take corrective actions including

  • correcting MICR and check amount data​
  • deleting items​
  • moving documents between transactions
  • sending back check items
  • placing holds on transactions
pd5

Generates image cash letter files per the specification of the intended depository institutions including U.S. and Canadian institutions

pd6

Optionally prepares custom files for import into accounting and other interfacing systems

pd7

Generates reconciliation reports, activity/audit logs, and other standard reports

Reduce

Work Effort

Checks and remittance documents are automatically located within

You can import individual files, mixed-document PDFs, CSV and image files, or via direct scans

streams of different document types

No need to

Eliminate

separately

sorts

scan checks

document

Reduce Costs

with Secure

Cloud Access

Easily view and manage all submitted work to track progress and identify work that requires

Access via any platform

with a compatible web

browser

handling. Drill down on exception counts to view transaction detail.

Log-in credentials are authenticated by your network and the

credentials securely transferred to the lockbox application

Zero Footprint

installation

Reduce Time

and Costs of

Exception

Handling

Correct MICR fields and checks amounts, "send back" or "hold" items, mark items as

"cash equivalent" or "foreign" items.

Review MICR misreads, missing amounts, duplicates, and and images.

Reduce

returns due

to poor

image

quality

Streamline Research Efforts

Search a variety of parameters including sequence number, date, account, R/T, check

number, amount, and user status

Advanced search

to easily locate items

capabilities enable you

Enhance Your

Lockbox Service

Process mixed documents with image-based cloud technology

All My Papers Lockbox accommodates retail and wholesale applications

Reduced Cost - No IT hardware, software and maintenance costs. With the All My Papers’ hosting option; updates, backups and other administrative tasks are on us.

Available, Accessible, Scalable - Appreciate all the benefits of a cloud-based solution.

Secure - You control access to your data. All communications are HTTPS encrypted.

Easy-to-Use - Most of the work is done with very little to no operator intervention. The operator review interface provides all the information your staff needs to make quick and accurate decisions about exception items.