FIT Deposit
Avalon FIT Deposit is perfectly compatible with any
organization, regardless of location or size. This means that no matter where your organization is located, you will never have to worry again about where customer banks are located. With FIT Deposit, you can also increase cashflow by as much as one day in a business where float improvements are measured in hours.
FIT Deposit also saves you money through bank fees. It used to be where your deposited all your checks through a single bank, and that bank held a monopoly over your business. However, Avalon’s proprietary technology lets you switch banks at a moment’s notice, and even send cashletters to multiple banks at the same time. Thanks to Avalon, you can negotiate with the banks for a better rate, and never have the banks take advantage of you.
However, if you work in a company where internet access is disallowed, FIT Deposit can work in that environment, too. Avalon has foresightedly engineered their software to be fully intranet-compatible, so you can send files over the local network instead of through the internet.
FIT Deposit also makes retail work easier. FIT Deposit can seamlessly integrate into your existing POS system, so no other software is necessary. Thanks to this intimate integration, checks submitted after the daily cutoff are still sent to the proper destination, instead of on the next business day, and FIT Deposit automatically reconciles this with the POS system. Also, at the end of the day, FIT Deposit prepares an automatic reconciliation slip that contains everything recorded by the system to make reconciliation easier.
Avalon’s
software
is
clearly
generations
ahead
of
the
competition.
But
perhaps
the
best
thing
about
FIT
Deposit
is
the
fact
that
Avalon
has
dual-engineered
it
to
be
both
ASP
and
in-house
installable.
This
means
your
establishment
can
“try
before
they
buy”
by
sampling
FIT
Deposit
through
ASP
on
a
per-item
charge,
and
then
move
to
a
pay-once
in-house
solution.
Clearly,
Avalon
FIT
Deposit
is
a
glimpse
of
the
future
of
payments.
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