Insights from Catalyst

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The Quest for Efficiency, Savings…and More Time for Baseball

November 07, 2023
By Troy Lindsey, Sales Support Manager

For me, summertime has always been synonymous with the joy of baseball. However, this summer was tempered somewhat by the heavy burden of soaring gas prices.

One weekend, as I ran my routine errands, the importance of managing my resources came clearly into focus. I made a few stops – first to my usual pharmacy for a prescription, then to the dry cleaners, followed by a quick jaunt to the grocery store.Baseball

As time slipped away, my to-do list spilled over to the following day with a visit to the auto shop for a long overdue tire rotation. When I returned home, my son asked if I could pick up his glasses, so back on the road I went! This time to the superstore around the corner – my final stop as I secured his glasses and a few other necessities.

Heading towards the checkout, I was struck by a feeling of guilt. It dawned on me that I was wasting valuable time and money zigzagging across town to fulfill needs from various providers.

There must be a better way, I thought, a smarter way to source all my needs from one all-inclusive provider. Perhaps I should have come here all along? It would have been more efficient, and the savings would also have helped me be a better steward of my family’s resources.

A one-stop consumer experience offers convenience, savings and a wide variety of products and services under one roof. The same principle of efficiency and savings can be applied to daily credit union check processing operations, starting at the point of deposit.

Take TranzCapture®, Catalyst Corporate’s advanced remote deposit capture service, for example. The all-in-one benefits of the TranzCapture suite include:

  • Deposit image applications for Teller, ATM, ITM and Intelligent kiosk, Mobile and Business Capture
  • Check collection and return processing
  • Complementary check pass-through handling
  • Aggregated settlement
  • Seven years of check image storage
  • Redundancy and replication assistance for business continuity and disaster recovery
  • Check fraud prevention solutions

TranzCapture delivers a complete package of essential service components that makes check processing easy, efficient and economical for credit unions.

Consolidation of deposit services minimizes vendor relationships, which in turn, condenses vendor due diligence, reduces the ongoing management and maintenance of multiple online connections, consolidates billing and reconciliation, streamlines contract management, and simplifies audits, thereby saving your credit union time and money.

TranzCapture is just one example of a variety of time- and money-saving payment, correspondent and financial services that Catalyst Corporate provides to credit unions.

As I completed my purchase and headed towards the exit that day, I grabbed lunch from the sandwich shop on my way out. At least I saved myself one additional trip!

Looking back, I could have been more resourceful by grabbing my son’s glasses and all my shopping items while they rotated my tires. That would have left me with more gas in my tank and extra time to enjoy baseball.

Your credit union can operate more efficiently and save money when you consolidate your check processing through TranzCapture. For more information, contact us today.