Eliminate the Headaches Associated with Returned Checks

Bad checks don’t have to be an inconvenience – and they don’t have to result in a revenue loss! SEDC’s Returned Check Processing is an extension of our utility billing software that forwards bad checks to our processing facility, where we take the time to electronically re-present the check for you. And throughout this process, the funds for this check remain paid into your utility account! This saves your utility hours of collection time and data entry, and eliminates the operational expenses of handling a returned check.

• Eliminate the vast majority of NSF returned checks
• Decrease the costs associated with delinquent notices and disconnects
• Dramatically increase the success rate of collections
• Create a new revenue stream
• Absolutely no cost to your utility!

Your current check deposit process does not change. A check is only routed to our processing center if it bounces, and when that happens, we go through the steps of retrieving the funds for your utility. This procedure has proven to eliminate up to 80 percent of all NSF returned checks!

Best of all, your utility will not only decrease its revenue loss, it will generate a new revenue stream:

• Increase the collection rates for NSF checks while decreasing the man-hours (and payroll expenses) necessary for manual processing.
• Minimize disconnects and keep customer accounts active, which will reduce your vehicle and labor expenses.
• Your utility will receive a portion of any processing fees we collect from the check writer.

So don’t bother with another bounced check! Let SEDC’s utility software solutions save you time and money with our Returned Check Processing service.