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Batch processing and transaction efficiencies

Is batch processing still the best way to manage daily transactions?

Batch processing typically runs near the end of the day, which can make it difficult to efficiently identify and resolve errors. Newer technology leverages a single platform and centralized database, allowing for a real-time approach to image and data validation. In addition to a consistent user experience and decreased risk for fraud, batch processing and the exchange of files between line of business solutions can be eliminated. The results: lower operating costs and internal data transparency for your institution, and expedited posting and transaction visibility for account holders.

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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 11/26/2023

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