5 Benefits of RDC Check Scanners

RDC, or remote deposit capture, allows users to scan and deposit checks remotely. This technology has become popular in recent years with the rise of remote work. With more people working away from the office, it has become more important than ever for businesses to find ways to manage their workflows in a variety of settings. Here are five benefits of RDC check scanners.

1. Lower Costs

While many businesses are scared away by the upfront costs of purchasing an RDC scanner, it can actually save you money over time. For example, you’ll spend less on fuel, as there’s no need to drive to and from your bank to deposit checks. You can also save on fees and paper processing costs.

Although check scanners are expensive, the ROI makes them well worth the cost. For instance, the Panini EverneXt is offered at over $1,000 but provides tremendous value with a throughput speed of 100 DPM. Rather than having to drive to the bank to deposit 100 checks, you can deposit them almost instantly with an in-house scanner. In addition, the EverneXt can digitize documents such as stubs and ID cards, serving as a multi-purpose device.

2. Increased Productivity

It goes without saying that the more checks you can scan over a shorter period of time, the more productive you’ll be. Manual check processing is incredibly time-consuming, and even the most productive workers are limited in terms of what they can accomplish in one day. Considering the amount of time it takes to input numbers, receive and store items, and wait in line at the bank, it’s no wonder that more and more businesses are turning to RDC scanners as an alternative to traditional check processing.

With an RDC scanner you can scan dozens, if not hundreds of documents in a matter of minutes. Best of all, this can be done from the comfort of your own office—no waiting in long lines at the bank. This list details the best RDC scanners, including devices, such as the Digital Check SmartSource Expert Elite, that can scan 50+ DPM. Scanners sold by Teksetra offer advanced technology for maximum productivity.

3. Better Security

Unlike traditional check processing, which involves physical checks being passed from hand to hand, checks that are deposited via remote capture are instantly uploaded, reducing the risk of loss or theft. What’s more, RDC technology is equipped with advanced verification tools and encryption to protect against fraud.

While using a check scanner is typically much safer than depositing items the old-fashioned way, it’s still important to understand the technology and know how to use it correctly. This can increase productivity and provide an additional layer of security for your checks.

4. Improved Availability

Banks are only open for part of the day, and with the amount of time it takes to clear deposited checks, you could be waiting several business days for your funds to be posted. However, most banks can accept remote deposits earlier and later in the day, offering a larger window of availability.

This can be particularly convenient for businesses that operate outside normal banking hours. We’ve all experienced the frustration of trying to race to the bank just before closing, but RDC scanners allow users to upload items earlier and later than they would be able to normally. This can save you time and reduce the stress involved in heading to the bank to deposit checks.

5. Greater Flexibility

Depositing checks the traditional way comes with its fair share of limitations. For example, you won’t necessarily be able to control the number of checks processed in a given period of time and, as mentioned previously, you have a shorter window of time in which checks can be deposited at the bank. Needless to say, this can prove problematic for businesses that need to have checks deposited at certain times and in a certain way.

There are several different types of RDC scanners on the market today, so by purchasing your own device, you can exercise greater control over the deposit process. If you’re a small business on a budget and only need to scan a few checks per day, then a single-feed scanner like the Panini I:Deal should meet your needs. On the other hand, if you’re looking to scan multiple documents at a time, then you should browse multi-feed models. Being able to choose the scanner that fits your unique requirements is critical to improving productivity.

Looking for an RDC Scanner?

Remote deposit capture offers a myriad of benefits, which is why so many companies are opting for in-house scanning over traditional bank processing. However, with so many options to choose from, finding the right scanner can be difficult. Teksetra can walk you through the process of choosing an RDC scanner. Reach out today to learn more about our check scanners and how we can help you get started using the best device for your business.