Payment Software

A leading Australian Insolvency Firm with 11 offices around the country was searching for a streamlined payment solution that was enjoyed by another interstate office. However, their requirements were more extensive and they included the following:

• Dot Matrix printing of cheques onto pre-printed stock was causing some banks difficulty in processing cheques issued by Sims Partners.
• Lack of professional presentation due to the presence of handwritten documentation.
• Cheques books for each bank account posed a security risk for the organization.
• Changing APCA standards and Banking requirements meant changes to cheque stock and security features.
• Having a partner to dedicate time to signing multiple cheque runs was an inefficient method of utilising his time.

The team at Dataline implemented LINKS Insolvency solution for preparation of cheques and disbursement and dividend advices which produced the specialised cheques. Not only was it a cost effective solution, the partner could generate revenue streams and was not bogged down with administrative tasks.

Key benefits of the LINKS solution, included:

• Laser output from blank paper, professional, MICR encoded cheques.
• Seamless integration with Insolvency Package.
• Digital signatures on cheques
• Tight security and restrictions over cheque generation.
• Automatic creation of Corporate Law Form 549 (Notice of Declaration of Dividend).
• Simplicity and ease of use in the management of multiple bank accounts.
• Rapid cheque production and printing capabilities.
• Report generation facilities.
• Automatic audit trail, recording the activity of each user.
• Elimination of pre-printed cheque stock and/or books.
• Increase effective staff work time.

Call now on (02) 9882 6301 for your initial meeting with Dataline and let them show you how they can reduce your costs!