WAUSAU Approves Orbograph's OrboCAR APEX For Use With The Optima Solution

WAUSAU Financial Systems, the industry leader in distributed payment and document processing solutions, recently announced a general release of Orbograph's OrboCAR APEX (APEX). Use of APEX increases the benefits of WAUSAU's Optima by virtually eliminating manual amount entry from check processing.

More than two million items are sent to APEX daily from more than 100 processing sites nationwide. As a reliable, scalable solution, OrboCAR APEX is in production with clients ranging from community banks to high-volume service bureaus.

"The use of APEX for data completion within the financial transaction processing industry continues to grow," said Andy Leonhardt, Vice President of Sales for Orbograph. "For almost 10 years, Orbograph and WAUSAU have been business partners, improving the efficiency of financial institutions. We are pleased WAUSAU has now included APEX in its solution set and is able to offer its clients an opportunity to reduce costs by up to 30%."

Leveraging Orbograph's patented Key-Pay technology, OrboCAR APEX is a highly secure, "on demand," remote keying resource that takes "snippets" of questionable fields and sends them (encrypted) to an unlimited supply of dedicated keying professionals. This near real-time data completion provided by APEX enables financial institutions to leverage their investment in image-based check processing by automating the entire recognition process.

"The post Check 21 environment of item processing demands greater operational efficiencies," said Trudy Lotter, WAUSAU Technical Product Manager for Optima. "Our clients are struggling with ways to be more flexible with their staff, lower labor costs and directly tie fixed costs to variable volumes, all while processing windows shrink. We are pleased to be able to offer the APEX solution to our customers and are confident it will help them achieve these objectives."

About WAUSAU Financial Systems
WAUSAU is a premier provider of payment and remittance processing solutions, serving 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.

About Orbograph
Orbograph , a subsidiary of Orbotech, is a leading developer of recognition solutions for the U.S. check processing and business process outsourcing markets. Orbograph's technologies are in use at hundreds of financial institutions and service bureaus across North America, processing millions of documents each day. Through its recognition solutions, fraud detection, business process outsourcing technologies and image quality assurance applications, Orbograph enables customers to reduce costs, improve operational efficiencies and achieve rapid ROI.

SOURCE: WAUSAU Financial Systems