Remittance Automation Solutions.
Benefits of Remittance Automation
Faster Payment Processing: Automates the receipt and processing of payments and remittances which can accelerate cash flow.
Scalability: Allows your organization to grow without adding human capital to manage payments and remittances.
Improved Accuracy: This reduces human error that can occur during manual data entry, leading to accurate payment reconciliation and financial reporting.
Cost Savings: Reduces manual effort, cutting costs associated with payment posting.
Streamlined Processing with Intelligent Technology
Intelligent Document Processing: Automates handling of checks, remittances, patient coupons, correspondence, and custom data sets specific to your organization.
Configurable Rules: System is configurable to meet your business and data requirements to leverage your existing banking relationships, patient accounting systems, clearinghouse, document management system, or other technology current used in your RCM operations.
Our Advanced Technology Stack
Intelligent Data Capture
Robotic Process Automation (RPA)
Business Process Automation
Advanced OCR/ICR/OMR Technologies
With a capture rate of 99%, our system automatically validates data for authenticity and accuracy, minimizing manual intervention and ensuring quick access to critical remittance information.
Why Choose E-Tec?
Adaptability
We will configure and deploy a solution tailored to meet your organizational requirements.
Low Costs
Our technology stack’s automation has reduced our operational costs, which we pass on to our clients. Our best-in-class solution is typically less expensive than our competitors’.
Implementation
Following a detailed project plan expedites onboarding, allowing you to realize value quickly, not in 6+ months, as is typical in this industry.