What is ICCS Corporate?
Many corporates find it difficult to keep track of large volume of cheques collected across multiple locations, transport their cheques to banks dealing with the high operational cost. A bank offering them a faster and simpler cheque clearing cycles makes a distinct market for itself.
Unity’s ICCS Corporate has created a unique way to create value for your corporate clients. Image-based Cheque Clearing System Corporate (ICCS Corporate) is an extension of ICCS Pro, which is already welcomed by many of the leading financial institutions. ICCS Corporate is an internet hosted system which allows corporates to scan and upload large volumes of cheques from any locations, online and initiate their clearing almost immediately.
ICCS Corporate enhances business to the bank in corporate sector by easing the check clearance process for corporate. Using ICCS Corporate, customers will be able to capture images of checks at their premises on a daily basis and process their deposit enabling efficiency and speed. This will not only streamline the operations at the client but would also reduce workload at the bank thereby reducing operational cost. ICCS Corporate and the ICCS system at the bank site will be integrated, in a way to configure for STP / Non-STP way based corporate client requirement.
Why ICCS Corporate is the best solution for your business?
ICCS Corporate is designed considering the valuable feedback from the corporate banking community.
- Simplified, secure and accelerated check clearance in bulks
- Fully automated solution without any paper based processes
- Offers seamless integration with all major core banking systems
- Online cheque deposit tracking system
- Online clearing of cheques helping in the management of receivables
- Minimal data capture / online Image and MICR capture
- Current dated / post-dated cheque management
- User friendly end to end reporting
- Reduced costs and risks associated with the transportation of items
- The option for chargeback/redeposit decisions from online screens
- Low operational cost and increased revenue for banks, corporates and NBFCs
- No physical storage and reduced manual intervention
- Flexible integration with market leading scanner device
- Flexibility to host as an independent online portal or integration with existing corporate internet banking portal.
- Automatic IBAN generation & cheque endorsing feature
- Digitisation in facilitating quicker and easier processes for corporates