The 'BROWN LABEL' has come up as an alternative between Bank-Owned ATMS and 'WHITE LABEL' ATMS.
The fundamental activity in bank reconciliation involves matching of individual transactions reported by various stakeholders against each entry in data (CBS).
This process often challenges businesses due to the number of transaction modes, the volume of transactions, varied sources of data, and the inability to consistently maintain the reconciliation on a daily basis. All this creates large bottlenecks and cascading impacts at month-end.
Ori Check is NPCI / RBI approved application which is nationwide acceted and poplular.
FULLY AUTOMATED PROCESS
Automated file uploading and reconciling process along with utomated Escalation process.
Our robust matching engine allows to create match rules – as simple or as complex as needed.
BENEFITS OF ORI-CHECK
While operating the BLA, Bank is able to overcome its existing challenges of Deployment, Maintenace and Technology Updates. Bank enjoy's the below benefits of BLA's.
Save the Hardware cost to host Application for both DC and DR. Save AMC expenditure of Hardware and Software.
We Shoulder your Technical responsibilities to manage CTS applications, DC & DR centers.
ORI-Check supports Home-Clearing and Archival System required for compliances set by RBI.
Saving on Manpower and overall Operational expenditure.
Saving on courier expenses as physical movement of cheques is not required
Extends cut of time & Improves Productivity and Automation
Our strengthened association with reputed Banks helped us achieve outstanding results.