AQ2 Technologies
10 Case Studies
A AQ2 Technologies Case Study
Baldwin EMC, the largest electric cooperative in Alabama, was facing a cumbersome and error-prone process for handling approximately 3,000 daily paper remittances. Their manual, labor-intensive system required significant manpower and was prone to accounting inaccuracies. The utility turned to AQ2 Technologies to implement a solution, utilizing the vendor's AQURIT application and an NCR iTRAN scanner.
AQ2 Technologies' solution automated the capture, endorsement, and verification of checks, dramatically reducing the need for manual data entry. This implementation resulted in Baldwin EMC reducing its mail payment processing costs by 50% and significantly improved accuracy. Furthermore, the system's digital archiving enabled instant retrieval of payment records for enhanced customer service.
Alan Schott
Vice President of Finance and Accounting