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 image clearing 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 check image clearing 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
Ready to get started with the new cheque clearing system?
With a decade of experience serving as the trusted strategic partner for banks and financial institutions of all sizes, we are renowned for our innovative and user friendly financial solutions.We are headquartered in Dubai, with our research and development centre in India and support centre in Bahrain. We help our clients to stay ahead of emerging business trends and outperform the competition by simplifying their systems and business processes. We empower businesses with payment solutions, IT staffing services, software consulting services and more. Our clients include multinational banks, mid-sized financial organizations, government entities, exchange houses and many big nonbanking financial institutions.
Changing trends in the financial industry, evolving business models, technological innovation and modified regulations are some of the challenges that banks and financial institutions, face today. Accordingly, their customers also demand a personalised experience to interact and transact. Our experience gives our clients a distinct advantage. Established in 2009, Unity has many financial products developed and implemented successfully to its credit, by thoroughly understanding the present and forthcoming industry regulations. Our solutions for payments are mission-critical. Many of the banks, finance and exchange houses across the Middle East relay on our highly scalable software solutions which offer seamless integration.Read More