Cheque Truncation Solution
(CTS)
Cheque Truncation Solution
(CTS)
With the nation-wide implementation of the grid-based Cheque Truncation System (CTS) by RBI/NPCI, cheque processing has gained significant speed and operational efficiency in addition to other benefits such as cost effectiveness, business process re-engineering, better service, and adoption of the latest technologies. With over 20 years of experience in building and managing image-based cheque truncation software for financial institutions across the world, VSoft has emerged as the partner of choice.
Benefits of OnView Cheque Truncaction System
You get all of the information you need in one dashboard where information is neatly organized in a workflow so that you can easily determine which operation requires the utmost attention.
Whether your Bank branches are only scanning a few hundred cheques or lakhs of cheques per day, CTS can comfortably handle it. You can customize CTS to your preference.
CTS integrates with your CBS, CMS, branch teller solution, CRM software, and MIS solution among others so that you have access to the most up-to-date information in all your systems.
Gone are the days when image analysis software could barely recognize clearly written letters and numbers. In fact, the software is so advanced now that it is able to detect letters and numbers that the human eye cannot make out.
In today’s world, people are increasingly worried about who has access to their data and what they can do with it. Our world-class infrastructure is protected by AI to neutralize threats that seem harmless to humans.
With Positive Pay, you can be sure that neither your Bank nor your customers lose money. Positive pay is an automated fraud detection tool which compares the account #, cheque #, and rupee amount to cheques authorized in the past to catch inconsistencies.
Biggest
Takeaways
Faster Turnaround Time
Smoother Operations
Depend on Less Manpower
Explore more of VSoft’s PRODUCTS