Software streamlines financial disbursement workflow.November 26, 2008 -
Built on SharePoint platform from Microsoft, TROY Secure CheckFlow Enterprise provides workflow automation, real-time fraud monitoring and prevention, and IT systems management. Program includes real-time positive pay, KPI analytics dashboards, custom fraud detection rules with real-time alerts, and full support for printer-based security features.
(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)
Original Press release
TROY Group, Inc.
3535 Hyland Avenue, Suite 200
Costa Mesa, CA, 92626
USA
TROY Offers New Breakthrough in Disbursement Automation and Fraud Prevention
COSTA MESA, Calif., Nov. 13 /- TROY Group, Inc., a worldwide leader in on-demand security printing, introduces TROY Secure CheckFlow Enterprise, the most advanced workflow solution for financial disbursements. TROY Secure CheckFlow Enterprise offers financial services companies important cost savings as well as the benefits of operational efficiency including industry-leading workflow automation, real-time fraud monitoring and prevention, and simplified IT systems management.
In order to meet the workflow needs of multiple departments, most enterprise organizations are forced to maintain outdated check disbursement processes, manage redundant systems, or compromise workflow automation. TROY Secure CheckFlow Enterprise is built on the industry leading SharePoint platform from Microsoft, providing proven reliability and offering the ultimate in flexibility to automate disbursement workflows in every department -- without operational compromise.
"Providing a single solution to meet the disbursement needs throughout the enterprise is a big step forward in efficiency and cost savings for financial services companies," states Larry Landtiser, Executive Vice President and General Manager for TROY. "Our newest software solution, TROY Secure CheckFlow Enterprise, offers the operational efficiencies the industry needs as well as new risk management features to help tackle today's fraud challenges."
The security offered by TROY Secure CheckFlow Enterprise surpasses other commercially available disbursement solutions. Unique capabilities include real-time positive pay, KPI analytics dashboards, custom fraud detection rules with real time alerts, and full support for the broad range of printer-based TROY security features. These new capabilities greatly enhance the risk management tools available to loss prevention managers.
"Upon seeing our new solution, customers immediately understand the cost savings they will realize in both operations and IT," said David Altfeder, Vice President of Software Development for TROY. "Operations Managers comment that they can cut real cost from outdated disbursement processes while improving customer service; while IT managers tell us that they appreciate the stability of Microsoft(R) SharePoint and can see the benefits of maintaining only one system."
TROY Secure CheckFlow Enterprise, available for sale this month, will be demonstrated at the upcoming BAI Retail Delivery Conference in Orlando which opens on November 18.
About TROY Group
TROY Group, Inc. ("TROY") is a worldwide leader of secure on-demand printing solutions. TROY solutions manage, secure and simplify end-to-end enterprise printing environments. TROY offers application software, security printing hardware and specialized consumables for securely printing checks, money orders, transcripts, prescriptions and other important documents. TROY solutions are used by small and medium size businesses as well as large enterprises and governmental organizations to manage fraud, operational risk and comply with government regulations related to protecting information privacy. As a Gold Solutions Partner to Hewlett Packard, TROY is the only company in the world authorized by HP to enhance HP printers and consumables for use in secure printing workflows. Only TROY MICR and Security printers and HP compatible MICR Toner cartridges are certified by Hewlett Packard for quality and reliability. We sell and service our products to major corporations, banks, key government accounts and distributors worldwide. Visit TROY at http://www.troygroup.com/
TROY is a registered trademark of TROY Group, Inc. Hewlett-Packard is a trademark of Hewlett-Packard, Inc. All other trademarks are property of their respective holders.
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