Low Startup and Operating Cost
Match Credentials to Operator SAcceptset
PayData addresses the needs of multiple locations with a varied operator sAccepts set at each location. These sites may consist of one central site and multiple satellites. These sites can perform as little (e.g., the site just creates tape totals for each one of the batches of transactions that they receive) or as much (the site scans, enters amounts, and balances the batches) or anything in between (the site scans but does not enter amounts or balances). PayData
provides a Transaction Viewer (TV) which can be configured to review transactions performed at the satellite before they are batched.
PayData can also be shared among departments (e.g., Cities and Counties). In a sharing configuration, one department will not see work of other departments.
Investment and Return on Investment
RenovoPay provides its offerings as Hosted Software (as a Service), as a License plus maintenance, or as a hybrid. Pricing is based on items (where a transaction with one bill and one payment is two items). RenovoPay can spread startup fees over a 6-month period.
Startup Configuration
Below is a description of the startup configurations for business requirements :
- Accept Logic – PayData can be configured for amount due from the payer based upon a calendar date. One amount may be due before a cutoff date (e.g. tax date) and a penalty amount after a certain date. The penalty (delinquent) amount may also be a percentage of an amount on the bill. Each department can have its own unique Accept logic. The rules above are general; rules are implemented according to specified requirements.
- Configuration – Configuring the requirements of the Departments and its different bills. • AR Posting – Update file for the core system (mainframe or other system) containing an account number and amount to be accredited to the account.
- Hot File – List of Customers that need attention if on a list, or not on a list.
Equipment:
All you need is a Scanner, Computer and Monitor
- Scanners
- Existing scanner equipment
- Check-Sized scanners range from $900 (50 items per minute) to $3,200 (200 items per minute). • Page Scanners range from $900 to $4,000.
- All OPEX Openers/Scanners
- Computer
- Windows 7 through 11
- Other Equipment
- Monitors should be 1080P 27” screens