Diversified Check Solutions joins with WesCorp to offer ACHeck21™ to credit unions throughout the U.S.
Friday, August 22nd, 2008Next-generation technology will enable WesCorp’s member credit unions to quickly and accurately convert paper checks into digitized, legal financial instruments. WesCorp members – numbering more than 1,000 credit unions in the U.S. and Guam – gain quicker access to funds, realize significant cost savings, and achieve heightened check-processing accuracy.
Lake St. Louis, MO – August 13, 2007 – Diversified Check Solutions, a leading provider of end-to-end, Check 21-compliant processing systems, has partnered with San Dimas, Calif.-based WesCorp Federal Credit Union to provide the ACHeck21TM product suite to WesCorp’s member credit unions. WesCorp is a financial-services cooperative with approximately $29 billion in assets and more than 1,000 member/owner credit unions located throughout the United States and Guam. It provides to its member/owners an array of investment, credit, payment, funds-transfer and settlement solutions.
Diversified’s ACHeck21 product suite will provide WesCorp’s affiliated credit unions with enabling technology that they can in turn deploy to their member/business merchants. ACHeck21 is an intelligent ACH web-based remote capture solution. It provides a fast, efficient, and convenient way to convert check payments into ACH transactions through the use of a check scanner and easy-to-use software. It is designed for any organization – large or small – that seeks to quickly and accurately convert paper checks into digital financial instruments and incorporate that process into an accounting system.
ACHeck21 represents an advanced, robust and comprehensive solution for the financial services technology industry. The technology is extremely versatile, allowing customers to easily verify discrepancies between checks and stubs, update accounts receivable systems, manage returns, archive checks and data, and mine the data captured. Additionally, the ACHeck21 graphical user interface (GUI), is extremely easy to use, eliminating the need for organizations to train staff on a new complicated system.
“We are very pleased to be able to offer the ACHeck21 suite to WesCorp’s member credit unions,” said Sam Ackley, managing partner of Diversified Check Solutions.
“With ACHeck21, any organization that accepts checks can differentiate themselves
in the marketplace by having a more efficient back-office system that converts checks into funds. At Diversified, we have developed solutions that manage every step of the process -from accepting and scanning checks to converting them into digital financial instruments to making bank deposits to integrating all of that into an accounting system,” Ackley said. “Customers will use our technology to gain access to their funds more rapidly, plus they will have more tools for managing and maximizing the efficiency of their accounting systems.”
ACHeck21 is ideal for banks, credit unions, merchants, utilities, local governments, non-profit agencies and small businesses – anyone who accepts checks for payment. With ACHeck21 technology – fully compliant with the Fed’s Check 21 regulations – these organizations can create digital files for automatic transfer into their bank account.
The strengths of the ACHeck21 system include:
- Tailored solutions for organizations of any size. ACHeck21 just as easily deployed in small one-location organization as it can in large enterprises with multiple sites across a broad geographic region. This will provide WesCorp’s member credit unions with a powerful tool for attracting new customers.
- Capabilities for high-speed and low-speed check processing.
- A user-friendly graphic interfacewith drop-down menus and click-and-drag features. This enables quick configuration in the field and reduces training time on the software.
- A solid foundation of software development. The developers of ACHeck21 have been creating software for check imaging and processing industry in the United States for more than a decade.
About Diversified Check Solutions LLC
Headquartered in St. Louis, Mo., Diversified Check Solutions LLC is a leading provider of financial services technology solutions. The Diversified knows check processing. We have made it our mission to create, deliver and support quality financial software solutions that provide our customers with all-encompassing tools for success. ACHeck21TM is our masterpiece – a comprehensive and scalable end-to-end software solution that follows an intelligent business workflow.
For more information about Diversified Check Solutions, please visit our Web site at http://www.diversifiedchecksolutions.com.
