The Information Technology, Inc. Check Reconciliation System (CRS) enables an institution to
create fee income and attract new business by offering check reconciliation services to high
volume checking customers. CRS automatically reconciles issued and paid checks and can
be used to reconcile internal items such as official checks.

System Summary

CRS accommodates four methods of entering issued checks:
· Via magnetic tape in a standard file format
· By automatically extracting checks from the ITI Savings and
Certificate of Deposit applications
· After capture on a proof machine or high-speed reader/sorter
· Manual entry using a display terminal

CRS accommodates three methods of entering paid checks to be reconciled:
· Automatically extracting checks from a Premier Core account.
· After capture on a proof machine or high-speed reader/sorter
· Manual entry using a display terminal

Minimize Losses
CRS accounts for all items once they are entered. To minimize the number of items
which require processing, paid checks are accepted and held until corresponding
issued transactions have been entered.

Generate a Complete Audit Trail
A complete audit trail enforces accountability for all items issued, paid, voided or deleted.

Reverse or Delete Checks
Clients can reverse or delete any check, regardless of whether it has been paid.

Track Transactions
Any transaction entered in CRS can be traced to its original point of entry in a transaction block.

Reduce Clerical Functions
Automation of reconcilement functions saves time and reduces the level of resources that must
be devoted to clerical tasks.

Reporting
CRS generates reconcilement reports that provide an institution with a complete transaction
record and CRS generates exception reports for tracking unusual transactions.

For more on the Check Reconciliation System, contact
Information Technology, Inc. at 402.421.4207.