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.
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.
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
Uses MICR OCR technology to obtain MICR data from check images including routing, transit, and account numbers. Read MICR accurately with low substitution errors.
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
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
Generates image cash letter files per the specification of the intended depository institutions including U.S. and Canadian institutions
Optionally prepares custom files for import into accounting and other interfacing systems
Generates reconciliation reports, activity/audit logs, and other standard reports
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.