âThe VSoft implementation positions us well in our migration to an image capture environment from a very paper-based deposit source today,â said Todd Haller, vice president of electronic funds transfer, CEFCU. âThe Imaging Statements and Remote Capture solutions will enable CEFCU to provide new and innovative services to all members through their preferred delivery channel. CEFCU was looking for a vendor that could offer an end-to-end solution set, and we have found just that in VSoft.â
By implementing VSoftâs suite of imaging solutions, CEFCU can capture check images at their branch and merchant customer locations and transmit image cash letters for clearing. All images captured within the system can be archived for future research and retrieval. Electronic statements can be automatically generated, reducing the time and labor costs associated with traditional statement rendering. VSoftâs broad solution set helps credit unions, such as CEFCU, realize the benefits of Straight Through Image Processingâ¢.
âBy utilizing VSoftâs comprehensive solution line, CEFCU will realize the benefits of straight through image processing from creation, processing and transmission of the check images to long-term storage and retrieval,â said Murthy Veeraghanta, president, VSoft Corporation. âAs the industry moves from paper to images, CEFCU will be poised to offer their members the best services, thus reducing costs and increasing overall productivity for the credit union.â