Post-Dated Checks Management
ProgressSoft’s Post-Dated Checks Management captures, fills, validates and maintains Post-Dated Checks (PDCs) in a manageable and secure storage until they are released for interbank or interbranch clearing at the bank or regulatory body.
The solution facilitates PDC truncation and saves time and effort required to maintain and manage PDC paper items.
Prompt PDC includes a post-dated module responsible for providing capabilities necessary to capture, validate, store and present PDCs for clearing.
Physical Location Reference
Prompt PDC maintains a correlation between the electronic image based check item stored within the PDC repositories and the actual physical location reference of an originally captured PDC check allowing easy access to PDC checks in case a physical paper check needs to be accessed for removal, return, or rescan.
Prompt PDC includes a report module responsible for providing extensive reporting capabilities including PDC store checks, released checks and deleted checks in any supported language.
Prompt PDC includes a configuration module that enables users to define, manage and view already configured business and system entities such as holidays, instruments and checklists.
Prompt PDC offers a tools module that enables users to set certain preferences such as language, font size and default values, as well as provides communication monitoring capabilities.
Saves time, effort and cost consumed in maintaining and managing PDC paper items
Provides faster PDC retrieval and facilitates paper truncation
Provides secure PDC storage that prevents corruption or loss, until their value date
Supports secure and advanced communication with Electronic Check Clearing solutions