Case Study: COR Clearing achieves 80% reduction in check-processing labor hours with Bottomline's C-Series payments and cash management platform

Sees 80% Decrease in Check-processing Labor Hours with Automated Cash Management and Payments Platform

COR Clearing is an independent, full-service clearing and settlement firm serving introducing brokers across all 50 states. The firm was struggling with a highly manual, fragmented check-printing process—about 45,000 checks annually—that relied on aging dot-matrix equipment, manual signatures, perforated stock, envelope stuffing and no reprint capability, creating frequent delays, high labor hours and the risk of equipment failure.

COR Clearing implemented Bottomline Technologies’ C-Series payments and cash-management platform with MICR laser printers to consolidate and automate check runs. The system batches and prints checks (including signatures and logos), folds, stuffs and addresses envelopes, replaces duplicate paper copies with electronic images, and delivers robust reporting—resulting in an 80% reduction in dedicated check-processing labor hours, lower materials costs and improved accuracy and scalability.

COR Clearing

Ginnie Wikoff

Operations Manager