DessCTS – Cheque Truncation Solution
Cheque Truncation System digitizes physical cheque movement. It is designed to enable banks to handle more cheque electronically, which makes cheque processing faster and more efficient.
Engineered to be reliable.
ELECTRONIC MOVEMENT OF CHEQUES
Instead of physically processing paper cheques, DessCTS allows User Banks to process cheques electronically. Banks can capture a picture of the front & back of the cheque along with the related payment information and transmit this information electronically.
DessCTS provides the capture system along with the consolidated application software to receive from the capture system i.e. to and from hub/branches to Service Branch to CHI.
ECONOMICAL AND HASSLE FREE
With DessCTS, User Banks can reduce the highly expensive costs of physically handling and transporting original paper cheques.
DessCTS receives- processes-validates-reconciles clearing data (MICR data and Images) including returns. It also controls & monitors the outward & inward clearing (MICR data and Images) process.
Reports & statistics by DessCTS give User Banks the complete analysis of their cheque operations.
Data is processed, routed and archived as per the requirements of the RBI/NPCI, relevant Acts, procedures, etc.
SIMPLE AND STRAIGHTFORWARD
DessCTS is user friendly, modular and flexible for future enhancements.
Manage your clearing operations with the most flexible and easy-to-use solution in the market.
World class imaging, security and archival technologies make your systems more reliable and superior.
YOUR TRUSTED CTS PARTNER
First choice of leading Private, Nationalized, Foreign and Cooperative banks.
MADE FOR YOU
Unlike Foreign solutions, DessCTS is flexible and adaptable to the Indian environment.
DessCTS integrates easily with Bank legacy systems (Core Banking, Automated Banking, etc).
FAITHFUL AND AUTHENTICATE
Solution complies with the standards set by RBI/NPCI.
STABILITY & SKILL IN DELIVERY
Solution developed by Bankers, Technologists & Clearing experts gives you an intelligent result.
Rigorous 24x7 onsite/offsite support allows uncomplicated functioning of system.
Being a locally inhouse developed solution, results in quickest adaption to updates/changes by RBI, NPCI and User Bank.
Modular solution provides you the flexibility to invest in any of the components or services i.e. Outward, Inward and/or Archival.
ACROSS THE BOARD
Get access to all legacy records instantaneously.
Save your heavy costs of Printing, Transport and Communication.
Instantaneous retrieval of documents (notes, minutes, follow-ups) in which a particular word appears.
DELIVER – AHEAD OF TIME
Assured delivery of notes “in time” for meetings.
SAFE AND SOUND
No more problems of having documents misplaced, misfiled, lost or damage.
Portal users can easily track progress of pending items.
AN END TO PAPER TROUBLE
A great initiative for paperless and “green” environment.
Collaborates smoothly with iOS (iPad) and Android based gadgets.
Faster decision making through easy and instant availability.
Instantaneous retrieval of Agenda Notes and the corresponding Minutes of the meetings.
System helps you to increase operational efficiencies by saving your valuable time, costs and manpower.
Brings all users on a common platform where information can be accessed across disparate locations.