WAUSAU, the leading provider of distributed payment and document processing solutions, has extended its strategic partnership with Solutran, a national leader in check conversion and ACH processing including deposit processing, accounts receivable conversion, disbursement and return processing services. Solutran will utilize WAUSAU’s Optima3® technology to enhance their item capture process, thereby increasing their operational efficiency.
The WAUSAU Optima3® solution provides Solutran the opportunity to take advantage of advanced recognition techniques, reduced keying and improved control. The WAUSAU offering will enhance Solutran's operational functions such as account balance information, fund transfers and consolidation of depository funds information from multiple locations. In addition to the standard proven technology, WAUSAU provided enhanced customization to fulfill the unique payment environment Solutran required.
“The addition of WAUSAU’s Optima3® application enhances capture efficiencies,” said Barry Nordstrand, Solutran President & CEO. “As the industry moves toward complete electronification of payments, this integration will provide enormous benefits by augmenting our operational processing.”
“The WAUSAU Optima3® software enables Solutran to further streamline their payment processing,” said Steve Buchberger, Senior Vice President – Payment Solutions, WAUSAU. “We are excited about the opportunity to further enhance our relationship with Solutran.”
About Solutran
For over 20 years, Solutran has provided a full range of treasury management solutions to corporations and financial institutions. Solutran's customized solutions span the payment spectrum, from paper check processing and conversion to fully electronic payment processing. Services offered include depository processing, accounts receivable truncation, controlled disbursement services and returned check management and conversion services. Headquartered in Minneapolis, Solutran maintains relationships with ten affiliate-processing centers across the United States and Canada. For more information, visit Solutran’s website at www.solutran.com.
About WAUSAU
WAUSAU is a premier provider of payment and remittance processing solutions. Wausau serves businesses of all types to develop strategies that move money faster. With its products, services and consulting, WAUSAU works with customers to speed check processing, electronic presentment, ACH payments, transaction processing, distributed capture and enterprise content management. WAUSAU’s innovative solutions provide results for a wide range of organizations including financial institutions, insurance companies, utilities, retail businesses and governmental agencies. Find more information about WAUSAU at www.wausaufs.com.