Some features are offered as options. This allows our customers to select the most cost effective system for their needs, and not be paying for software or support they would not use. For example, a bank WCCS customer might want the ACH Interface, but not require the Bank Reconciliation feature as they issue few checks. A private lender servicing their own notes may need no optional features. A larger company will benefit from the Internet Inquiry Interface, whereas a small company with local clients may not. A title or escrow company servicing a large portfolio of loans would likely require all the optional features.
The following options allow you to select the most cost effective software for your needs:
Bank Reconciliation System - The optional Bank Reconciliation System is for firms that issue many checks and will reduce time required for balancing bank accounts. It interfaces with the WCCS database to automatically transfer checks issued by the system into a separate check reconciliation file for the trust account. “Point and click” and “range” clearing features allow fast and efficient check reconciliation.
Email Receipts - This optional email service provides buyer/seller statements by email and greatly reduces postage, forms and labor costs.
ACH Interface - The optional ACH Interface allows funds to be transferred electronically. Use of ACH eliminates mailing checks to a seller or their bank and also allows payments to be made electronically. Using ACH electronic funds transfer reduces postage and paper costs and improves posting efficiency.
wwwBranch Internet Inquiry - The optional Internet Inquiry Interface and host service provides "inquiry only" access to WCCS data linked to your web site. It allows password-protected inquiry and printing for your sellers and buyers who want (7 day – 24 hour) Internet access to their loans.