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“Resolving” vs. “clearing” exceptions

What’s the difference between “resolving” and “clearing” an exception?

The act of resolving an exception is also commonly referred to as “clearing” an exception. The difference usually only exists in terminology, not process.

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Alogent provides proven, end-to-end check payment processing, digital, online, and mobile banking, and enterprise content and information management platforms to financial institutions. Our unique approach spans the complete transaction ecosystem —capturing and digitizing transaction data, exception tracking, and automating entire transaction and loan management workflows so that information is available across the enterprise.

First published on 02/18/2024

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