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917 West Hawthorn Drive Itasca, IL 60143 Phone: 630-875-1100 Fax: 630-875-1101 www.idt-inc.com www.idtconsulting.com. Business Opportunity. 2/3 of Corporate Payments are received by check Checks must be deposited into a financial institution that can process them
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917 West Hawthorn Drive Itasca, IL 60143 Phone: 630-875-1100 Fax: 630-875-1101 www.idt-inc.com www.idtconsulting.com
Business Opportunity • 2/3 of Corporate Payments are received by check • Checks must be deposited into a financial institution that can process them • Today this process is costly, laborintensive and error prone Business Checks Personal Checks
Issues With Current Commercial Check Processes Processing Returned Checks Identifying Fraudulent Checks Labor to collect, bundle and transport checks Back Up / Archive Costs Automating the process can both improve cash flow and minimize costs
Benefits of Process Automation Accelerated Cash Flow • Time to Money ~ Same Day • Expedited Collection on Returned Checks • Quickly Identifies Fraud Reduced Operational Cost and Error • Automated Deposit Preparation • Reduced Physical Transportation Costs • Reduced Transaction Costs (Bank Fees) • Posting Accuracy and Decision Support More Degrees of Freedom
IDT Remote Deposit Capture Pilot Pack™ • Kodak t6000 Internet Server Software for 5 concurrent • users, pre-installed • High Speed 6015 Check Scanner from Kodak • HP Application Server DualCore AMD, 2GB RAM, (2) • 160GB RAID Drives, Windows 2003 Server, 3yr War. • Training, Installation and Support Services Installed and Operational in as Little as Two Weeks!*** ** Timelines may vary and are largely dependant upon your banking institution’s IT infrastructure and IT schedule availability
Cash is King! • IDT’s RDC Pilot Pack is an easy-to-use Internet-based electronic deposit solution • Cash Commercial Checks from Convenience of Your Own Office • Designed with ease of use in mind. Your cash is only a few clicks away and is available SAME DAY! • Banking Institution Independent – Freedom, Flexibility to Bank Anywhere with Any Bank of Your Choice! • Provides access for the user to research historical captured items and transactions and the ability to generate reports in both PDF and HTML format.
To access your Merchant Capture module: Log on to: https://koweb/cfcrapidcapture.com/WDDL Enter the provided Login, Password & Access Code. Check the box next to Always use this access code. IDT Complet Once login is successful, the Main Menu is shown. The first time in this website, the user should click on Installation and follow steps 1-6 to ensure proper installation.
After the Installation process is complete, click on Settings. Each Merchant will be set up with an initial administrative user. To see information about this user, highlight the username under the Select a user field. This will show all of the tasks the user can perform. To set up additional users, click on the New User button. Fill out the user’s information on the User Management screen. After all of the appropriate information is filled out, click Done.
Once the user’s information has been filled out a role will need to be assigned. • Highlight the user’s name under Select a user. • Click the checkbox next to the role in the Select Roles box. • The user will then need to be given specific rights. To give a user rights to a function, highlight the function in the User Tasks section. • The task description will be shown in the User Task Access Rights box. • Click on Edit Access Rights. • The Rights Management for User and Task Capture screen will open. • Click the check box next to the role to be assigned in the Locations and Accounts box. • Click Update.
Now that the Installation and Settings are complete, it is time to begin processing work. • Choose the desired account from the Account dropdown list. • Type in the amount of the deposit under Amount. • Choose the date for deposit under Processing Date (the current date is the default). • Click Create Deposit.
After all items in the deposit have been run and all errors have been repaired, hit the Enter key on your keyboard. • If the transaction is out of balance the following error message will appear: • Click on Yes to edit the transaction amount. • The Transaction Amount will pop up with the total of all of the checks that were run. It is very important to make sure the deposit is in balance before it is released for transmission. • Once all of the errors have been repaired and the transaction is in balance, the middle of the screen will show a green bar with the message: Deposit is balanced and ready to be released. • Click on Close. • This will open a text box entitled Close Batch. • The batch can be Deferred, Released or Deleted at this time. • Click Release if this Batch is ready for transmission.
Clicking on Transmit from the Capture Deposit screen automatically opens the Transmit screen. • To transmit one or more runs, highlight the run and click Transmit. • Once the run has successfully transmitted the information will show in the dialogue box below.
Reports To access a specific report, choose one from the Select a Report dropdown list. Choose the date range. Select account(s) under the Available Accounts list by clicking the check box next to the appropriate account and clicking on the arrows to move it to the box on the right . Click Generate Report.
To Research a transaction, select a date range, Location and the specific search criteria. Click on Search. Hint: Use a wild card (*) to leave a search open-ended.
