Alogent Back Counter
Efficiently process transactions deferred through front counter and support standalone branch back counter and regional image capture.
Alogent Back Counter is a key component in a comprehensive branch deposit automation strategy that enables financial institutions to transform the way they accept and process paper-based transactions in the branch and through regional processing centers. The branch back counter solution reduces or eliminates reliance on inherently inefficient and costly paper-based transaction processing infrastructures, driving substantial cost savings and facilitating processing improvements across the enterprise. Alogent Back Counter can be deployed to process deferred transactions in support of a broader branch deposit automation strategy that includes branch image capture at the teller line, or as a standalone solution targeted to reduce transportation and other costs and improve back office processing efficiencies.
What It Does
Converts paper checks, deposit slips, payment coupons, and other paper items to electronic images through branch back counter workstations and in regional processing centers.
Provides efficient back-counter image capture through a modern, user-friendly graphical user interface.
Provides large, commercial transaction processing capabilities, including:
Multiple transaction support
Streamlined workflows for large transactions
Advanced recovery and suspend batch functionality
High-speed performance
Offers flexible "capture only," "capture and correct," and "capture, correct and balance" workflows.
Can be configured to enforce complete balancing, balancing to a proof limit, or to not require balancing of transactions.
Provides extensive scanner device support, including high-speed desktop and mid-size sorters.
Supports configurable business rules.
Includes advanced recognition technologies (ICR/CAR/LAR).
Offers image-quality and usability analysis (IQA/IUA).
Creates virtual endorsements.
Includes transaction and item-level reporting.
Provides comprehensive activity tracking.
Enables secure item transport.
What It Does For Me
Provides significant cost savings through the truncation of paper documents.
Enables facilities and equipment savings – allowing many institutions to close, or consolidate, processing centers, jettison “big iron” equipment, and consolidate vendor relationships.
Allows the financial institution to take advantage of more cost-effective clearing options, reduce operations staff, and achieve other item-processing cost savings.
Helps the financial institution achieve earlier funds availability.
Supports stand-alone deployment as well as processing of transactions deferred at the teller line.
Streamlines and automates transaction workflows, minimizing operator workload.
Makes it easier to support branch network expansion and acquisitions by facilitating cost reductions, especially in outlier regions with higher transportation and servicing costs.
Mitigates operational risks associated with paper-based transaction processes.
Improves disaster recovery capabilities – offers the peace of mind that receiving and processing transactions from branches won’t be hindered by inclement weather or natural disasters.