Integrated Media Management (IMM), which specializes in output management and document automation technology, announced at the ICBA National Convention and Techworld, it has partnered with VSoft Corporation, a global information and technology provider of process improvement tools for financial institutions.
IMM will offer VSoft's Branch Item Capture, eDesk Genesis, and Returns as a branch solution and also seamlessly integrated with their TotaleReceipts software to deliver a Teller Level Check 21 Receipt Solution.
"Partnering with VSoft gives our customers the ability to extend TotaleReceipts into the check imaging arena," said John Levy, executive vice president, IMM. "VSoft's proven scalability, extensive partnerships with Corporate Credit Unions, Leagues, and Credit Union Service Organizations and expertise combined with the power of TotaleReceipts positions us to provide a solution in the Check 21 imaging industry to the benefit of our current and prospective customers."
IMM is well established in the industry with a customer base in excess of 600 financial institutions. Their partnership with VSoft will give their customers a greater opportunity to maximize their investment in the IMM suite of products.
VSoft's eDesk Branch Item Capture product enables users to capture item images at the branch rather than transporting them to the central operations center. Branch personnel use small capture devices to capture the item data and image. As items are captured at the branch throughout the day, the item image and MICR data are sent electronically to a central processing location. This allows even distribution of staffing hours as the personnel in the central site process work (data and images) all day long as it comes in from the branches.
VSoft's eDesk Genesis allows institutions to exchange the captured image files or print substitute checks for exchange in compliance with Check 21 legislation.
"As a valued added reseller, IMM offers VSoft a strategic business model," said Murthy Veeraghanta, president, VSoft Corporation. "VSoft is anticipating winning results from working with IMM to improve the efficiency and productivity of our mutual customers."