CheckLogic is a high-quality, cost efficient solution for branch check capture and electronic image forward processing. Check image readers capture draft and internal document information. MICR line and courtesy amount information is then converted into a X9.37 file format for electronic forward clearing, and internal document information is captured to facilitate balancing and check image retrieval. 

CheckLogic uses advanced MICR reading and image character recognition (“ICR”) programs to perform a scan of MICR and non-MICR information on drafts. Additionally, the ICR software enables CheckLogic to incorporate critical account or transaction information not printed on the MICR line during a single pass of the document so it passes through the scanner only once.

CheckLogic integration with eDOC Innovation’s state-of-the-art imaging system, 2020DOC^© allows you to retrieve a copy of the draft item any time necessary.  CheckLogic’s balancing reports record the teller, check processor and branch location for full-feature balancing capability.  Easy-to-use user interface makes CheckLogic operations possible for any employee to use with minimal training.

Key Product Features  

• Automate transmissions of daily deposit files from all branch locations.
• Realize 100% next-day availability for deposit transmissions.
• Eliminate costly courier service for deposited items.
• Reduced delivery time for returns and adjustments.
• Access all deposit images including ON-US, transit, foreign & miscellaneous items through one centralized database.
• Limit transactional costs by keeping ON-US items separate from your transit items.
• Decrease the float for the deposited items and realize interest gains.
• Increase fraud mitigation through the scanner and database functionality.
• Research items through the comprehensive image database.
• Maintain an historical record of your item processing for compliance and review.
• Provide individual daily deposits for each branch for easy reconciliation and accounting.
• Receive automated daily reports that provide detailed research for branch-level analysis.
• Remain financially viable and competitive within an increasingly competitive industry.
• Gain access to an advanced User Interface that allows multiple users to process check images.  Security features include duplicate check fraud check, image rescan, image review and teller or branch balancing reports. 
• Eliminate antiquated processing of credit tickets as our credit ticket are printed as part of the batch capture process,
• Automate workflow to speed through quality review and repair of individual check items. 
• Centralized database for storage in 2020DOC^©.  This allows the credit union to store and own the image data in 2020DOC^©.  Having the storage and retrieval may allow you to eliminate costs from corporate for check retrieval both by staff and members through the internet.  If you’re corporate credit union provides you a check image retrial system, 2020DOC^© may not be necessary and is not required to use CheckLogic.
• The accounting capability to balance the checks with the credit documents and ensure the batch total.
• Member document portal access for image copies and interactive eStatements.