Image Exchange & Remote Capture: How to Maximize Savings

Session Description:

This presentation will assist the audience in maximizing check processing savings through image exchange and remote capture business cases. The cost savings and reduction discussion will focus on float savings, labor reduction, fixed cost savings, implementation best practices and a multiple exchange partner strategy. The presentation will also discuss what other banks and credit unions are doing to maximize image exchange and remote capture savings.

Key points to be covered include:

1. How can your financial institution maximize the savings associated with check image exchange and remote capture?
2. When the goal is to reduce check image exchange and remote capture costs, what are the business case line items and float factors?
3. Should you send and receive images from a single or multiple check image exchange vendors?

Tangible benefits for attendees include:

1. Identify strategies that will insure that your financial institution maximizes check image exchange and remote capture savings.
2. Pinpoint the best practices that other financial institutions are using for successful image exchange and remote capture implementations.
3. Name the savings line items and float factors that other financial institutions are using to build a business case.

This session is appropriate for senior financial services executives with responsibility for Remote Deposit Capture, Treasury Services, Check 21, Small Business and Middle Market Banking, Market Research and Strategy groups.


About Greg Schratwieser:
Greg Schratwieser founded ICI (International Consulting, Inc.) in 1994. ICI is a consulting firm that focuses on the Bank Technology Industry and Payment Processing Market. Greg has consulted with financial institutions & corporations throughout North America, Australia, New Zealand & Asia. He has given hundreds of speeches within these geographic markets, has written a book and dozens of articles. Before founding ICI Consulting, Greg Schratwieser was employed by Unisys, Prismac Systems Australia and Datawares Outsourcing.

Greg graduated from Villanova University.


About ICI:
Since 1994, ICI has been a firm focused on Bank and Credit Union Technology Consulting. This concentration enables us to objectively assess, evaluate, justify, negotiate and implement superior in-house and / or outsourcing solutions for our Clients.

Our goal at ICI is to assist our Clients in selecting the best solutions that meet their business needs. ICI will help the Bank or Credit Union negotiate a competitive price under fair contractual terms. Furthermore, we strive to maximize the effectiveness of the technology through a comprehensive Bank Technology implementation strategy.

ICI consultants have an average of 25+ year’s experience in the financial industry. Our consultants are professional, ethical and totally objective on vendor decisions. Our Clients rely on ICI to save them executive time, money and most importantly, to avoid poor decisions.

Our hardware, software, internet, lockbox and banking experience allow us to offer you the following Bank Technology Consulting Services:

• Assessment Services
• ROI Studies
• Strategic Direction and Business Case Reports: deciding whether in-house or outsourcing is the more effective direction
• Vendor Evaluations: in-house or outsourcing
• Contract Negotiations
• Project Coordinate Implementation

ICI consultants have cost justified, evaluated and implemented the following corporate and bank applications:

• Check Imaging- Image Exchange, Archive & Remote Capture

• Core Processing

• COLD and Document Imaging

• Internet Services

• Lending Systems

• Network Services

• Remittance Processing

• Retail Delivery

• Disaster Recovery

• Cost Accounting & Profitability Analysis

• Computer Room Design

• Compliance/Sarbanes Oxley

• Wire Transfer
   

www.ici-consulting.com