The Paperless Item Module (PIM) is a comprehensive system for managing and controlling the processing of ACH transactions via data communications or on-line input. PIM offers a complete and efficient means for an institution to become an active participant in the Automated Clearing House (ACH) System.

Complete Audit Trail

PIM provides a complete audit trail of ACH transactions, both sent and received, and generates reports which detail all transaction activity. Debit transactions are verified against an Authorized Prenotification File, and unauthorized items are reported on the Prenotification Exception Report.

Cost-Effective Efficiency

By using PIM, a financial institution can realize not only an increase in revenue through expanded services, but also a decrease in operating costs due to less paper handling and document storage.

PIM Key Features

• Provides complete reporting of paperless transactions
• Generates new sources of income
• Reduces operating costs
• Increases accuracy and efficiency
• Provides flexible billing
• Allows automatic reorigination of returned items
• Allows automatic settlement
• Verifies authorized prenotification transactions
• Establishes daily and file maximum credit limit controls
• Produces transaction notices and statements
• Interfaces with other ITI software systems
• Provides efficient control of ACH files