UNISYS SOFTCAR+ STREAMLINES REMITCO'S WORKFLOW.Unisys Corp. announced that its new SoftCAR+ Courtesy Amount and Legal Amount Recognition software has achieved a 93 percent read rate on US personal checks processed at REMITCO, a leading high-volume remittance Money sent from one individual to another in the form of cash, check, or some other manner. Financial statements sent by a creditor to a debtor frequently refer to the process of submitting a monthly remittance. REMITTANCE, comm. law. processing company. SoftCAR+ has provided REMITCO with an impressive unassisted, raw accuracy read rate of 87 percent, up from 60 percent with their prior CAR product. These read rates were achieved using only SoftCAR+'s highest confidence read result with no second guesses allowed and exceed SoftCAR+'s performance targets as published in August 1999. Scott Dickey, REMITCO's Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , said, "Unisys SoftCAR+ has exceeded our expectations. SoftCAR+ accurately and automatically reads checks that even trouble our data entry operators. SoftCAR+ is one of the key elements that is enabling us to reduce certain data entry functions by more than 60 percent, streamline our workflow The automatic routing of documents to the users responsible for working on them. Workflow is concerned with providing the information required to support each step of the business cycle. , enhance our quality and increase our remittance processing capacity." Unisys continues to be a leader in recognition performance. SoftCAR+ provides industry-leading performance as well as many unique features that enable its usage in a wide variety of applications. SoftCAR+ is a Windows NT-based software application that enables document processors to read a high percentage of check amounts without human intervention A procedure used in a lawsuit by which the court allows a third person who was not originally a party to the suit to become a party, by joining with either the plaintiff or the defendant. , resulting in dramatic cost reductions and speed improvements for mission-critical banking services. SoftCAR+ utilizes multiple CAR recognition engines, Legal Amount Recognition (LAR) engines and high-resolution high-res·o·lu·tion adj. 1. Relating to an image that has fine detail. 2. a. Of or relating to an output device that produces images that contain a large number of dots per unit of area and are therefore sharp and gray scale and bitonal images (graphics) bitonal image - An image consisting only of a foreground colour and a background colour. Compare monochrome. of the scanned item to provide industry-leading recognition performance. Unlike other CAR products SoftCAR+ analyzes multiple images captured on the document transport and intelligently combines the results. |
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