With money flowing in and out of your customers’ accounts through an ever-growing variety of channels, you need a flexible system that can handle them all. The HORIZON™ Integrated Transaction Processing (iTP) module supports transactions via voice response, the Internet and cash management channels. Among its capabilities:

• Automated Clearing House – Fully support your customers’ needs for the origination and acceptance of electronic payments.
• Unposted item repair – When an item fails to post to an account, it’s passed to this channel where it can be evaluated and corrected. The resulting accounting entries are automatically posted.
• Return item processing – When checks are presented against accounts with insufficient funds, decisioning can be handled automatically within parameters defined by you. Exceptions are handled based on customer history, customized notices are produced and all accounting entries are automated.
• Alternate transaction entry – Automatically distributes transactions for postings.
• Automatic transfer processing – Whether transfers are being made to make payment on a loan, pay interest on a deposit account or maintain a target balance in a series of related accounts, HORIZON iTP can handle them without manual intervention.