Case Study: Baldwin EMC reduces remittance processing costs by 50% with AQ2 Technologies' AQURIT

Baldwin EMC cuts mail payment processing costs by 50% with AQ2 Technologies

Baldwin EMC, Alabama's largest electric cooperative, faced a cumbersome and error-prone process for handling approximately 3,000 daily paper check payments. Their legacy system required significant manual data entry and was prone to accounting inaccuracies and delays. To modernize its remittance processing, Baldwin EMC turned to vendor AQ2 Technologies for an automated solution using their AQURIT application and an NCR scanner.

AQ2 Technologies implemented a system that scans checks, captures images, and uses advanced recognition technology to automatically read and verify payment amounts, drastically reducing manual entry. The solution cut Baldwin EMC's payment processing costs by 50% and provided instant digital access to archived check images for improved customer service. The measurable impact includes a major reduction in manpower, faster deposit times, and a robust infrastructure ready for future electronic check transmission.

Baldwin EMC