Remittance Processing Solutions

RTLFiRST is RT Lawrence Corporation’s industry recognized remittance processing solution. A software solution designed to automate, enhance and optimize any payment processing operation while utilizing the latest in recognition technology and innovation to minimize error and operator intervention while accelerating access to funds.

Remittance Processing

RT Lawrence Corporation’s flagship payment processing software, RTLFiRST, is a technology driven, automated, labor optimizing system. We encourage you to share your challenges with RT Lawrence and experience how our client-centered organization can be an extension of your team and a trusted partner for today’s implementation and years to come.

Our Payment Processing solution will automate the handling of not only your standard remittances, but your exception payments such as:

NList payments
NElectronic check payments
Ne-Payment files
NCheck only payments

Seamlessly, we incorporate your company’s specific payment processing rules to create a tailored system to handle remittances sourced from the mail, web, and telephone to create a solution that will improve the bottom line and ensure accurate deposits.

Key modules that complement our RTLFiRST system include:

Mobile Capture

Which allows acceptance of check payments
remotely

Mixed Document

Which eliminates the need to pre-sort payments if you process payments for different departments or have different campaigns

We’ve been helping agencies across the US and Canada for almost 25 years. Whether you need assistance with a short-term implementation or evaluating options for a long-term partner with continued support, the search ends here. By partnering with RT Lawrence you can be confident that a highly skilled team of individuals are at your service.

Did You Know?

RTLFiRST is compatible with nearly any environment, regularly taking in payments, and we service a variety of industries including:

Nnewspaper / publishing
Nbanks / credit unions
Nproperty management lockbox service
Nbureaus

Ngovernment
Nutility
Nnon-profit
Ninsurance

In addition, RTLFiRST works with dozens of billing systems across these industries to ensure a seamless total payment reconciliation process.

Download Remittance Process Flow Diagram

Utilizing the latest in imaging and handwriting recognition technology, RTLFiRST, will streamline your payment processing operation by:

Reducing your mailroom labor
Reducing your data entry staff
Accelerating the collection and processing of your funds

RTLFiRST may be configured to work with many leading brands of scanners including Opex, Burroughs, Canon and NCR. As an image-based payment processing application, it offers you an easy to learn interface, no programming option, to best utilize the hardware to its fullest potential.

RTLFiRST can process any combination of payments as well as facilitate payments with missing stubs or checks. The system comes with standard hotfiles or a special rules configuration and document inquiry.

Technology Driven Check Handling Processing Solutions

RT Lawrence Corporation (RTL) has a tried and tested “scalable” check processing solution that has been helping companies across a wide variety of agencies for over 20+ years. RTLFiRST incorporates the latest imaging recognition technology paired with a variety of check transports available on the market such as Opex, Canon, NCR, Burroughs and more.

Whether your agency processes 200 checks a day or 10,000 checks per day, our remittance solution will streamline your handling process by scanning, imaging and validating your check payments and update your billing system with ease.

Check Handling Process Overview:

Your operators will place your check payments in the scanner
Images will be created and processed by the RTLFiRST system
Your operators will validate payments that could be missing information or need higher level analysis
The system will prepare files necessary for deposit and updates to your host billing system

If you have payments sourced from other channels outside of mailed in payments, our system can unify those payments with ease. Many companies like you are enjoying the benefits of our check handling remittance processing solution throughout the US and Canada across many industries.

Added Benefits with our Check Processing Solution

Quicker Access to funds: Our solution is Check 21 ready! Take advantage of the benefits of electronic deposit by eliminating/reducing bank trips by electronically depositing checks, Click Here for more information on our Check Processing Solution.

*The Process Overview is just a sample depiction of the check handling process and can vary from organization to organization.