3 Things to Consider Before Buying Check scanning software | Pstezscan

 By using check scanning software, remote deposit capture can be fully utilized, including reducing transportation costs, reducing the need for couriers, and reducing transaction recording time.

With so many features available and so many price points, it can be confusing to know which scanner is right for you.

Taking the time to examine the check scanner carefully and asking the right questions will enable you to determine which features you need for remote deposit capture or teller image capture.

1. Does your Check scanning software support the following scanners?

In the first place, if your software is not compatible, no amount of bells and whistles will compensate for the fact that your hardware simply will not function. The first step should be to review the list of scanners your software is designed to support.

2. Do you plan to scan a certain number of checks every day?

You should compare your volume with what your software can hand

le, allowing for growth. There are various types of check scanners, from single-feed to high-volume, allowing for the loading of hundreds of checks at the same time. Your scanner should exceed your daily capacity in order to prevent any potential waiting time or delay in providing service to your customers.

Check scanners with varying processing speeds, durability, and MICR accuracy read rates are also worth considering if you process a high volume of checks. Consider future growth when scanning checks to ensure you do not hinder yourself in the future.

3. Is there a contingency plan in place in case of downtime?

Downtime for your check scanner can be a serious threat to your business. In the meantime, your customers are waiting for funds while you wait for a repair or replacement. The accumulation of checks can lead to revenue loss, expensive couriers, and a loss of reputation.

A service agreement with an experienced and authorized service provider may be more cost-effective than purchasing expensive backup scanners.

Invest in a check scanner from an experienced vendor

If you work with a reliable technology provider, they will be able to provide you with up-to-date information on all the latest document scanning and teller image capture technologies available for remote deposit capture and teller image capture, as well as how they can be combined effectively with your existing hardware and software.

Make sure you choose a partner who can provide ongoing support to ensure your audit trail data is maintained and created efficiently.

Want to make the right investment when buying Check Scanning Software? Check here.