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Veterinarians: Microchip Your Money with Remote Deposit Capture

Posted by Heather Brautman | Wed, Dec 11, 2013 @ 10:24 AM

Whether you perform microchipping yourself or recommend it to your veterinary practice’s patients and their people, you understand the idea of implementing technology that helps streamline the devastating issue of a lost pet. While losing money and time to waiting on check processing payments isn’t the same as a missing animal family member, you can harness technology to reduce those pain points in the same way.

What is RDC?

RDC, or remote desktop capture, is a way to “microchip” your money. To ensure that payments paid by check find their way back to your coffers, and eliminate timely detours and wrong-way-turns. Veterinary practices which have successfully implemented RDC use an imager – usually at no charge – to scan checks right at the counter. (Thus the “capture.”) You use your own desktop computer and internet connection and the check vitals are sent immediately over the web.

How does it work?

Pet parents microchip their pets as insurance against the possibility of the pet getting lost. RDC customers use the service as insurance against a check being returned, which can accrue bounce fees and hold up your revenue – or mean a loss of revenue entirely. When a pet does get lost, the microchip works as a beacon for any shelters, pet hospitals, or veterinary practices where the pet may have landed and gotten scanned. In RDC, the scanning is the entire process. One check scan saves your administrative staff reconciling paper batches, driving to the bank (during bank hours, which are probably the same as your practice hours, which takes them away from tech duties), and waiting for payment to hit your bank account.

How much can it help me?

Aside from letting your staff get back to what they trained to do, RDC’s technology lets you keep an eye on your money at all times. Just like a microchip can help track a pet from destination to destination, RDC includes a daily "deposit slip," batch out report, and advanced transaction reporting. There’s a lot of customization available, and you can really make it what you want it. If one of your customers’ approved checks is ever returned from the bank unpaid, you submit it to CrossCheck for processing and reimbursement. While, unfortunately, no microchip can guarantee a happy reunion of lost pet and worried family, RDC does come with a guarantee. You’re guaranteed to not have any claim submission hassle and no claims waiting time.

A veterinarian-approved microchip helps to keep track of some very important four-legged family members. An RDC-scanned check by a reputable check guarantee company helps you keep track – and receive – your money as quickly as possible. You don’t have nine lives to wait to get paid, so why not get some more information right here? Bark up the right tree and download our free guide to VET-RDC:

remote deposit capture, veterinarians, RDC

Topics: Veterinarians, Remote Deposit Capture (RDC)

Written by Heather Brautman