WAUSAU Delivers Enhanced Small Business Remote Corporate Capture Offering

Mosinee, WI - 02/07/2008 - WAUSAU, the industry leader in distributed payment and document processing solutions, today announced its enhanced concentration on a targeted Remote Corporate Capture (RCC) package that meets the specific needs of the small business segment. Generating over half of the economic output of the United States, the small business sector has increasingly become a center of attention for financial institutions of all sizes.

 

“There was a tremendous need to deliver remote capture capabilities to our small to mid-sized business customers,” said Toby Asplin, Head of Product and Customer Strategies for First National Bank of Omaha’s (FNBO) Financial Institutions Group. “We are pleased to be able to partner with WAUSAU to make this happen, and as two leaders in the Remote Corporate Capture space, both FNBO and WAUSAU are excited to deliver such an innovative program and package tailored specifically for this market segment.”

“Regular trips to the bank can be costly to a small business and they consume time and resources,” Asplin continued. “More often than not, it’s actually the business owner making these runs, resulting in a substantial impact to the bottom line. Remote capture offers the convenience and efficiency our customers require. There’s so much potential and opportunity surrounding this market. Once we educate them on what the solution does, how simple it is to deploy and use, it instantly becomes clear to them that remote capture is a solution that will add immediate value to their business.”

 

Building upon the simple enrollment and ease of use WAUSAU’s WebDDL(R) Remote Corporate Capture solution is known for, the focused offering comes bundled together in an affordable solution package, complete with installation wizards, web-based training, a comprehensive scanner deployment and maintenance program and integration to popular small business accounting software packages.

 

All features are specifically tailored to address the evolving market demands and serve the needs of today’s small business customers.

In addition to the need to make deposits more convenient, small to mid-sized businesses are also seeking greater efficiencies through receivables automation. WAUSAU’s offering goes beyond deposit automation by offering receivables integration that includes options for remote retail and wholesale lockbox processing, with enhanced Optical Character Recognition (OCR) technology. The solution features full-page document scanning capabilities for invoices and customer correspondence that may accompany a customer’s payments, satisfying the full spectrum of the small business’ deposit and payment needs.

“WAUSAU’s expanded offering, tailored towards the small business market, will assist financial institutions in delivering remote capture capabilities to a substantial segment of the market, previously unapproachable through first-generation RCC solutions,” said Steve Buchberger, Sr. Vice President, Solution Management for WAUSAU. “Our customers have clearly communicated that ease of enrollment and appropriate training and pricing programs needed to accompany our turnkey solution to appeal to and fit the needs of both the financial institution and the small business. Our focus on small business highlights the continuation of our commitment to provide the most effective enterprise solutions in the payments market.”

About WAUSAU
WAUSAU is a premier provider of payment and remittance processing solutions, serving businesses of all types to develop strategies that move money faster. With its products, services and consulting, WAUSAU works with customers to speed check processing, electronic presentment, ACH payments, transaction processing, distributed capture and enterprise content management.

 

WAUSAU’s innovative solutions provide results for a wide range of organizations including financial institutions, insurance companies, utilities, retail businesses and governmental agencies. Find more information about WAUSAU at www.wausaufs.com.

About First National Bank of Omaha
First National Bank is a subsidiary of First National of Nebraska, Inc. First National of Nebraska has grown into the largest private banking company in the United States. First National and its affiliates have $20 billion in managed assets and over 7,500 employee associates located in 35 states. Primary banking offices are located in Nebraska, Colorado, Illinois, Iowa, Kansas, South Dakota and Texas. Find more information about First National Bank of Omaha at www.firstnational.com

 

Contact Information: 
Alex Vagelatos 
For WAUSAU 
(414) 319-5700 
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