Specifications include, but are not limited to: The County wishes to eliminate its third-party lockbox service by bringing lockbox services into the Government Center. Our objective is to pursue high-speed scanning for imaging and processing paper checks with high-quality MICR encoding via an intelligent user-driven platform. Minimum requirements include: • Inputs - Remittance Stub and Check: o Ability to read existing OCR scanlines on remittance stubs, representing tax, sewer, and MC payments for full and partial payments, single and multiple stubs, and single and multiple checks. Remittance stubs are heretofore known as Exhibit 1 (Tax Bill and Remittance Stub), Exhibit 2 (Sewer Bill and Remittance Stub) and Exhibit 3 (Maintenance Corp Bill and Remittance Stub) related to this RFP and can be found on our website. o ▪ Single stub/single check full payment ▪ Single stub/single check partial payment or overpayment ▪ Single stub/multiple check payments ▪ Multiple stub/single check payments ▪ Multiple stub/multiple check payments ▪ No stub/check-only payments o Checks: ▪ Business and personal checks, handwritten and typed. ▪ Compare a check’s handwritten or typed courtesy amount (“CAR”) and legal amounts (“LAR”) alerting an operator to non-matches and providing an opportunity to correct the payment amount during processing or to suspend the transaction for further investigation and processing. Or explain the nonnecessity of this process. ▪ Compare a check’s CAR / LAR to the remittance stub alerting an operator to non-matches and providing an opportunity to correct the payment amount during processing or to suspend the transaction for further investigation and processing...
