View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
December 7, 2009

Panini Check Scanners Integrates With Intuit Check Solution For QuickBooks

Allows users to make check deposits electronically without visiting bank branches

By CBR Staff Writer

Panini, a global payments processing services, has launched check scanners for use with QuickBooks 2010 and Intuit Check Solution for QuickBooks.

Panini check scanners have been designed for remote deposit capture (RDC), enabling QuickBooks users to quickly scan multiple paper checks into QuickBooks while simultaneously sending the ‘digital check’ to their bank for electronic deposit.

Intuit Check Solution for QuickBooks captures the check information and enters it into accounts receivable within QuickBooks. At the same time, it automatically matches check payments to invoices and archives the information. The solution is RDC compatible allowing users to make check deposits electronically, without any change to their current banking relationship, eliminating the time spent taking check deposits to the bank branch.

The scanner captures all the information necessary for account reconciliation and electronic deposit – front and back check image, MICR (magnetic ink character recognition), OCR (optical character recognition).

Content from our partners
Sherif Tawfik: The Middle East and Africa are ready to lead on the climate
What to look for in a modern ERP system
How tech leaders can keep energy costs down and meet efficiency goals

Doug Roberts, president of Panini North America, said: “We are very excited to offer small businesses the ability to use our Panini scanners to scan checks directly into QuickBooks. Small businesses will benefit greatly from this new technology in terms of operational efficiencies, cost savings, and improved cash flow.”

Topics in this article :
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU