Press Releases

WAUSAU’s New Remote Capture Release Provides Enhanced Web-Based Tools and Expanded Remittance Capabilities

Mosinee, WI - 08/10/2007 WAUSAU’s industry-leading, web-based Remote Corporate Capture solution, WebDDL®, continues to grow its functionality with its newest release. WebDDL® provides financial institutions and corporate customers increased opportunities within both the B2B and C2B markets, as well as enhanced web-based capabilities, with its latest version. WAUSAU, the industry leader in Remote Corporate Capture, provides payments, remittance and enterprise content management technology for leading financial institutions and corporations.

With this latest release, WAUSAU is extending its recognized position as “best of breed” in the industry. WAUSAU was previously named “best of breed” among Remote Corporate Capture solutions reviewed by Boston-based Celent in the respected analyst firm’s Remote Deposit Capture Vendors: Crossing the Chasm report. Based on its advanced technology and breadth of features categories, WAUSAU is designated the overall performance leader.

The current release of the web-based application enhances a financial institution’s Remote Corporate Capture offerings, increasing revenue development opportunities within the C2B and B2B markets. The new WebDDL® release includes expanded ACH capabilities for enhanced decisioning and ease of integration. This offering also includes new options for remote wholesale lockbox processing, with enhanced Optical Character Recognition (OCR) technology, featuring full-page document scanning capabilities for invoices and customer correspondence that may accompany a customer payments.

WAUSAU’s solution enhancements include an expanded web-based training tool with an interactive multimedia simulation for application and scanner functions. This feature allows corporate clients to be more independent and reduces training support calls for the institution.

WAUSAU’s Remote Corporate Capture suite boasts a scalable architecture that is easy to deploy to meet market demands. The strength of WAUSAU’s holistic Remote Corporate Capture vision and integrated platform provides the ability to offer solutions to a wide breadth of markets, including customer deposits, retail and business-to-business payments and “white label” correspondent bank services.

“Financial institutions of all sizes have tremendous opportunities to build new revenue streams through expanding their Remote Corporate Capture opportunities,” said Nancy Langer, President - Enterprise Financial Solutions for WAUSAU. “At WAUSAU, we offer the most advanced and experienced Remote Corporate Capture solution designed to fit the needs of all customers across diverse industries and business sizes, from small businesses to large corporate clients. We continue to make significant investments into the enhancement of our solution, to meet the evolving market demands and serve the growing needs of our current and future customers.”

WAUSAU’s web-based solution enables financial institutions to speed the implementation of Remote Corporate Capture with lower upfront investments, increased performance and reduced deployment costs. WAUSAU offers both an in-house and ASP offering with a defined migration path for customers that want to get to market quickly with an ASP and then move in-house as volumes grow.

About WAUSAU
WAUSAU is a premier provider of payment and remittance processing solutions, serving businesses of all types to develop strategies that move money faster. With its products, services and consulting, WAUSAU works with customers to speed check processing, electronic presentment, ACH payments, transaction processing, distributed capture and enterprise content management. WAUSAU’s innovative solutions provide results for a wide range of organizations, including financial institutions, insurance companies, utilities, retail businesses and governmental agencies. Find more information about WAUSAU at www.wausaufs.com.