Banks and other organizations that run large-scale vault processing operations need to turn over huge amounts of paper every day, in the form of both cash and checks. For many years, those two types of paper each had their own workflows, often with separate equipment and different software.
Vault from Avivatech bridges the gap between cash and check handling workflows, processing both types of payments or deposits concurrently on a single platform. The solution integrates with existing vault management software to make the sorting and proofing processes streamlined and efficient.
For non-bank organizations, such as armored car services, Vault prepares checks for electronic deposit and creates bank-specific X9 or XML files.
