New Mobile Remittance Document Capture Capabilities Headline Latest Updates to FTNI's ETran Mobile App

OMAHA, Neb., Nov. 4, 2019 /PRNewswire-PRWeb/ -- Financial Transmission Network Inc. (FTNI), a provider of industry-leading integrated receivables solutions, today announced the general availability of new updates to its ETran Mobile App, headlined by new mobile remittance document capture functionality.

A sleek and powerful extension of FTNI's ETran Integrated Receivables platform, the ETran Mobile App—and its supported APIs/SDKs—is available for both iOS and Android devices, and used by more than 1,000 field representatives across several industries, including distribution, insurance and financial services. ETran Mobile enables employees to accept check, ACH or credit card payments remotely and associate those payments with customer accounts, policy numbers and even open invoices or statements to streamline and automate the posting of payments into any back-office system.

The latest round of updates to ETran Mobile is headlined by new mobile remittance capture features that allow company representatives to now capture remittance documents along with payments accepted in the field. Upon selecting the payment method within the app, the user is presented with the option to add any images of supporting remittance documentation. If applicable, the user is then able to take a photograph of any applicable remittance documents to associate with the current payment. These documents are then submitted along with the payment details back to the ETran Desktop User Interface where users at a home office can review the documents and even export them into other back-office or downstream systems as necessary.

"As our mobile services and solutions have evolved and expanded over the past five years, we have consistently delivered new features and functionality as a result of close collaboration with our customers, prospects and trends within the marketplace," said Chris Thompson, chief operating officer at FTNI. "The userbase for our ETran Mobile App, SDKs and APIs continues to grow at an exciting pace across numerous industries where field representatives need to be able to accept payments from numerous payment methods, and also associate remittance documents with those transactions. We're excited to roll out our new mobile remittance document capture capabilities to allow our users to do just that."

FTNI's ETran platform is highly-configurable and features a cloud-based, modular design that allows organizations to efficiently tailor the platform to their unique business processes and workflows to modernize payment processing operations across all payment methods and channels, from a single platform. Used by leading companies across the U.S. and Canada spanning numerous industries, ETran has been proven to accelerate processing times by as much as 80 percent and reduce DSO by upwards of five days.

ETran's agnostic, 'plug-n-play' nature works with existing banking and merchant processor relationships and supports efficient integration (batch or real-time) with any back-office system to deliver true straight-through processing, helping companies to significantly reduce manual cash application efforts. All payment information is processed and stored on ETran's fully compliant—PCI, HIPAA, SSAE 16 and more—Software as a Service (SaaS) platform.

About FTNI

Financial Transmission Network, Inc. (FTNI) streamlines the way businesses accept, process, post and manage payments. Processing millions of transactions monthly, FTNI's integrated receivables platform, ETran, accepts any payment method, via any payment channel—on a single, secure, cloud-based platform. ETran's easy-to-deploy, modular design seamlessly integrates current business processes, bank and processor relationships, and back-office accounting software to deliver increased efficiencies and cost savings as a result of true straight-through processing. Founded in 2007, FTNI serves more than 20,000 corporate users from over 1,000 leading companies spanning numerous industries including Banking and Financial Services, Distribution, Insurance, Nonprofit, Property Management, Utilities, and more. For more information, visit ftni.com.

SOURCE Financial Transmission Network, Inc.