KUBRA iRemit™ Remittance Processing
Do you find it difficult to keep track of remittance data from multiple payment networks?
The KUBRA iRemit™ solution allows you to securely collect and process payment data from a variety of networks and view it in one place. KUBRA iRemit combines remittance data from pay-any-one networks, in-person payments, and print-based lockbox files into a single electronic posting file.
Remittance Data Processing
The KUBRA iRemit solution can be integrated with the KUBRA iDoxs™ Suite E-Billing Platform or with third-party billing solutions. Aggregating separate posting files into a single file minimizes the number of billing interfaces your Accounts Receivable department has to deal with and helps improve the efficiency of your treasury reconciliation processes.
- Processes in-person payments and retail or wholesale lockbox transactions
- Presents data from all payment sources in a consolidated interface for enterprise and external consumption
- Creates an aggregated remittance file that adheres to your Customer Information System format
Secure Lockbox Services
We provide secure lockbox services including mail receipt, opening, and extraction; document scanning; and information tracking and reporting. Optical read software provides automated reading and detection of scan lines, check or tick marks, stamps or stickers, MICR information, and handwriting. Scanned documents are uploaded to a secure cloud-based document repository. Funds are balanced and deposited each day, and we have deposit relationships designed to work with all financial institutions. Our lockbox locations are compliant with PCI, SSAE 16 SOC 1, and SOX requirements.