For Businesses and RCK Processors who want to do the processing themselves and keep all of the State Fee.  This package includes Payment Entry software and a Magtek Imager.  You have everything you need to do ACH entries like ARC, PPD, POP, TEL, CCD and RCK.  This package allows you to do all of the RCK processing and keep all of the State Fee.

(One User License)

CHECK ENTRY AND VOLUME:

With this software and a MagTek scanner, one processor can enter 500 checks per day. Now you have the power of Chexpert’s RCK-O software at your disposal. Enter NSF and Closed Accounts into the system at your location either manually or with a scanner. Use a MagTek scanner to instantly record an image of the front and back of the check. This electronic capture is stored on your computer for immediate future reference. Click the screen and the image of the check pops up. Then print it out if you need to send the check writer a copy.

BEWARE-- NOT ALL COLLECTION SOFTWARE COMES WITH RCK:

Chexpert’s RCK-O software is designed exclusively for check collection. Other software packages that have been used for years in retail collections have attempted to use add-on modules to make their software work for check collection, but it’s not the right fit. Retail collection software is very different from check collection software. With Retail collection software you end up paying for features that you don’t need, but you don’t get electronic check collection capability---RCK. Chexpert’s RCK-O Software has the built-in capability of electronically debiting the check writers account up to two times each for both the face amount of the check and the state allowable fee, which substantially increases collection rates. This is called RCK. The two keys behind electronic RCK’s are timing and multiple tries. With RCK you get two more chances to recover the face amount after a check bounces. RCK is the most efficient and effective way known to collect checks successfully with the highest recovery rates possible. Chexpert RCK-O Software is the perfect fit for check collection. It gives you the undisputed absolute best tool for collecting NSF checks.

AUTOMATIC TIMING:

Chexpert’s RCK-O allows you to automatically schedule checks to go into the Electronic Banking System, which is a big time saver. For example, you can set the software once for a particular store’s checks to be debited from the bad check writers' accounts on a certain day. From then on out, unless you tell the software something different, it will automatically debit the bad check writers' accounts on the day you selected. RCK’s go into the Electronic Banking System on the selected day without any further thought about it. The first of the month is good, and Fridays are good because that’s when most people are paid.

VERIFICATION & OTHER FEATURES BOOST RECOVERY RATES:

Another power feature of Chexpert’s RCKO Software is instant verification of funds. You have 26,000 bank phone numbers and addresses at your finger tips. Select a check writer, click on an outstanding check, and the correct bank phone number automatically pops up on the screen. If you elect, you can give the bank a quick call for instant verification, boosting your recovery rates with this great time-saver. Use all features of Chexpert’s RCKO Software and get 65-70% recovery rates on NSF checks without any secondary collections, and without any certified mail expense.

AUTOMATIC REPORTING AND REBATING TO STORES:

Notices to each store automatically generate showing bad checks received and checks that have paid. These reports can generate at intervals that you set. Monthly, Weekly, Etc. These reports can then be forwarded to stores along with the recovered amounts. You can set the program for automatic rebates to each store in different amounts, and the software automatically calculates the rebate amount in with the total amount that you are to send to a store, and even generates a report clearly showing the breakdown between rebates and checks, naming each check writer with the amount, date, check number and rebate amount. Automatically update CAPS negative verification file. Benefit from statistic reports by store. Create hot lists to send to each store. The software is network capable on a LAN— so you can add user licenses later if you need to. Export your data to Microsoft Access to generate useful reports that meet your specific needs. Instantly you can view all outstanding checks on a check writer, all on one screen.

INTELLIGENCE FEATURES INCREASE RECOVERIES:

At your option you can use the intelligence features of the software, allowing it to tell you each day what to do, who to call, who missed promises, checks you should review before sending off for RCK and other helpful reminders for those desiring to use this intelligent interactive call list. When a check writer promises to have it there at a certain time, with a click you schedule a promise date and never think any more about it. It’s all automatic. Tell the software what the NSF fee is for a certain state, and the software automatically fills it in from there on out. At your option, you can send a notice letter to your customer at the time of the RCK, then schedule the fee amount to go through a week later to give your customer time to adjust his account.

HOW RCK WORKS:

With RCK the face and fee amounts are sent through the Electronic Banking System (ACA) up to two times each, increasing the likelihood of recovery and eliminating bank fees. Typically, there is a 65-75% recovery rate through the Electronic Banking System for the face and fee amounts. You receive 100% of the face amount and 100% of the $25-$35 processing fee, less a small transaction fee. This software works well for RCK processors who export their secondary collections to in-house software or to outside collection agencies and law firms that do secondary collections. Businesses that want to take advantage of the electronic banking system but do not want to do their own secondary collections will find this software ideal. For individuals starting a check collection business or existing collection agencies who want the benefits of electronic collection, this software is a good place to begin if you want to retain your current system in place and do RCK processing for just cents per transaction. If you later upgrade to other Chexpert software, you'll get full credit toward the software upgrade.

For Collection Agencies & Businesses with up to 50,000 Returns per year that want to electronically process themselves and have the option of doing automated secondary collections in-house. The distinctive feature of this software is the automated letter capabilities.  This package also comes with a Magtek Imager and Payment Entry Software to originate ACH transactions like ARC, POP, PPD, TEL and RCK.  This package also allows you to submit paper drafts for the check collection fee in lieu of electronic submission.

(One User License)

SECONDARY CHECK COLLECTION SOFTWARE WITH RCK:

For businesses that want to follow up RCK check collection with secondary collections, Chexpert’s RCK-C Software integrates the most powerful check collection software on the market with built-in automatic RCK features. RCK-C Software has all the features of RCK-O Software --- plus automatic collection letter scenarios designed to save time and increase recoveries. Each store’s return fees and letters can be set differently, by store, county, and state. Letters are generated automatically without having to make a selection. The time frame between each letter, and the content of each letter, are set up for the store just one time. Collection scenarios for one store can be copied and quickly created when you add a new store to the system.

AUTOMATICALLY GENERATE COMPLAINT FORMS:

Each prosecutor has their own forms. The information in the software can be automatically transferred to the prosecutors form that is scanned in once to the program. Fields are set up for drivers license, etc. on the very form required by the prosecutor. You never have to type anything when generating the complaints and worthless check affidavits. With a click of the button, a complaint is generated, saving you time.

AUTOMATIC BACKUP AND ON-LINE REAL TIME REPORTING:

At the end of the day, click back up and the software automatically performs the back up. Export the data and images each day and each store can view the collection status and an image of each check on-line by going to Chexpert’s web site. Store managers can receive up to date information on the collection status of any check at that store. RCK-C allows you to reprint receipts and letters as easily as clicking the mouse. A pop-down on-screen calendar simplifies the setting of promise dates, and RCK-C allows you to develop collection scenarios for designing the collection flow.

A Multi-User application designed for Corporations, High Volume Businesses and Check Collection Companies with up to 250,000 returns per year.  Comes with LAN ability and 5 user license.  The distinctive feature is that is converts RCK transactions into TEL transactions with a click of mouse.  It includes the Matek Imager and Payment Entry Software allowing ARC, PPD, POP, CCD and TEL transactions as well. If you Elect you can also receive attorney's advice on complete letter set up and collection scenario recommendations in the various states.  Includes software installation, implementation and training at your site.

5-User License

EVEN MORE FEATURES:

Chexpert ACH—RCK Software includes all of the features of RCK-O and RCK-C. Includes one year of FREE Software & Industry Training / Initial Letter Set-Up / All Software Updates / Telephone Support / Industry & Legal Support and Electronic Reporting System.

THE POWER OF ACH:

Chexpert ACH/RCK Software converts an RCK to an ACH with a point and click of the mouse. When RCK’s fail, you can still do an electronic debit (called ACH) against the check writer’s account when they authorize you by telephone. ACH/RCK has all the features of RCK-C and more. Chexpert ACH/RCK Software comes with a copy of the Chexpert Remote Software (CRS) which allows your company to offer other businesses the power of RCK software or offer individuals a business opportunity to become RCK processors anywhere in the United States. This feature could add additional revenue streams to your business without hiring additional personnel.

DISCOUNTED TRANSACTION RATES & EVENT SETTINGS:

Corporations who have a very high volume of returned checks benefit with this version over the long run because this version not only has enhanced features, but the discounted RCK rate per transaction. With this ACH/RCK Software, entrepreneurs can create more advanced collection scenarios. Entrepreneurs can offer rebates automatically varying based upon the stage of the collection process that you are in. For example, you can offer a $10 rebate if electronic recovery collects on the first try, a $5 rebate if it pays on the second try, and perhaps no rebate if it collects through secondary collections.

COMES WITH A COPY OF CHEXPERT REMOTE SOFTWARE (CRS):

Not only does Chexpert ACH/RCK Software come with advanced collection scenario capability and events configuration, but it also includes one copy of Chexpert Remote Software (CRS) and CRS billing set up features. This allows you to provide the CRS software to Businesses, Banks, Remote Stores, and Entrepreneurs. CRS Billing Set-Up allows you to bill Banks and Businesses that use your CRS Software. With this feature your profits are unlimited by using your own creativity.

THE AUTORUN FEATURE ENSURES SMOOTH OPERATIONS:

Once set up in the software settings, everything works automatically for you. You can also automatically send out different versions of letters keyed to the Return Status of the check. For example, send out standard letters for NSF returns and more aggressive letters for Closed Accounts, automatically. All these automatic features are accomplished with one click of the AutoRun button. One click of the mouse and the software determines which letters to send that day, then prints them out. The software simplifies everything and leaves you confident that all of the check collection in your business is being handled by the best software available.

CALL FOR A CHECK EXPERT TO GIVE YOU A DEMONSTRATION:

Includes Every Available Feature and was Designed for Check Collection Agencies & Law Firms. Process an Unlimited Number of Checks with this RCK/ACH Collection Software. This package includes the lowest transaction fees available, unlimited users and unlimited sites, installation, implementation and training, Magtek Imager, Multiple Payment Entry and Check Express Pieces of Software included.  You may also elect letters and collection scenarios to be prepared or reviewed by an attorney.

(Unlimited Site License)

This software works well for a large company setting up regional collection centers.  Chexpert Unlimited has every feature offered by Chexpert. In addition to all of the features of RCK-O, RCK-C, and ACH-RCK, it automatically reimburses clients via an ACH transaction.

Chexpert Unlimited Includes one year of FREE Software & Industry Training / Initial Letter Set-Up / All Software Updates / Telephone Support / Industry & Legal Support and Electronic Reporting System.

• Includes Multiple Copies of CRS Software
• Includes Multiple Copies of Payment Entry Software
• Includes Multiple Magtek Imagers
• Includes One Year of Free Basic ERS
• On-Site Installation, Implementation and training
• At your election an attorney will set up your collection letters
• Lowest transaction fees available
• Includes software updates and support for two years at no cost
• May elect an attorney to prepare or review your collection letters and scenarios

You can set recovery fees with this software as a percentage of the check. For example, set the software for a 20% fee after the check is 90 days old, then increase the fee to 50% when the check is 180 days old. There are unlimited possibilities. With Chexpert Unlimited Software (US), you get even more discount on transaction rates.

If you elect, client reports can be automatically emailed to clients, saving time and money. The Unlimited Version interfaces with Unisys Source NDP imager which allows checks to be entered at the rate of 60 per minute. Other features can be added to Chexpert Unlimited Software (US) at your request for a programming fee of $75 to $125 per hour.

You can receive training before you buy through various methods: Internet meetings, telephone, Chexpert Training CD’s, online manuals, FDCPA materials, NACHA rules, NACHA web site, books, ACA videos and other State Law materials made available through the ACA. If your company is collecting in its own name for its own stores, then you are probably not subject to the FDCPA. Many times you can receive software training at your facility.