FTNI’s ETran Mobile Brings Enhanced Mobile Remote Deposit Capture to iOS

The Debut of ETran Mobile for iOS Delivers Enterprises with Integrated Receivables Processing and Mobile Invoice Presentment and Payment Capabilities.

OMAHA, Neb. November 04, 2015 – Financial Transmission Network Inc. (FTNI), a leading provider of integrated receivables and straight through processing solutions, today announced the release of ETran Mobile for iOS. Now available in the App store, FTNI’s ETran Mobile app offers iPhone/iPad business users a fresh method of mobile remote deposit capture (mRDC) and integrated receivables processing.

ETran Mobile is built on FTNI’s powerful ETran integrated receivables hub, allowing businesses to capture check images via mobile RDC for immediate invoice payment while in the field. Businesses can now pay invoices and deposit checks on the fly, freeing themselves from cumbersome manual processes, saving time, reducing errors and mitigating the risks associated with representatives carrying physical checks while in the field.

A top-ten U.S. foodservice distributor was the first FTNI customer to roll-out the new ETran Mobile iOS app. Having previously deployed ETran Mobile for Android, the distributor is transitioning over 300 of its field representatives to a white labeled version of the ETran Mobile iOS application. ETran Mobile allows the distributor’s reps in the field to quickly and securely accept check payments via mRDC and easily associate payments with outstanding invoices via mobile invoice presentment within the application.

“FTNI has helped us scale and streamline our receivables processes significantly over the past three years,” said the distributor’s Enterprise Senior Credit Manager. “Adding mobile was simply the next step for us. Our reps are now able to securely accept check payments on the spot and get them in the system immediately. We no longer have to manually transport check payments, resulting in significant security and efficiency gains, and increased cash flow for our business. Now deposits can be made the same day payments are received.”

ETran, FTNI’s flagship integrated receivables platform, is based in the cloud and ideal for businesses with one or many locations, payment channels, divisions or brands. Unlike traditional siloed receivables solutions, ETran is an easy-to-deploy modular application that seamlessly integrates any payment channel (mailed-in, called-in, in-person, mobile, online) and any payment type (check, credit/debit card, ACH, cash) in a single interface. It provides consolidated settlement, posting, reporting and reconciliation all in a direct, straight through processing solution.

“This is another exciting step in our ongoing commitment to deliver enhanced receivables processing functionality on the ETran platform and assist our customers in achieving straight through processing,” said Kurt Matis, president and CEO, FTNI. “I’m excited about bringing the power of ETran to the iOS ecosystem and believe business clients across North America will benefit from our enhanced mobile remote deposit capture capabilities.”

ETran Mobile is also available in the Google Play Store for Android users. Additionally, for enterprises wishing to leverage ETran Mobile’s capabilities within their existing mobile application(s), SDKs are available for both iOS and Android.

FTNI at RDC Summit 2015

FTNI will be onsite at RDC Summit 2015 Nov. 4-6 in Orlando, Fla. Visit FTNI in booth #3 to learn more about FTNI’s integrated receivables hub, ETran, and see how true integrated receivables solutions can help you streamline your AR operations. To request a private onsite demo or arrange a meeting at the event, email simplifyAR@ftni.com today.

November 4-6, 2015
Omni Orlando Resort at ChampionsGate
Orlando, FL
Booth #3

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About FTNI

Financial Transmission Network, Inc. (FTNI) accelerates the way businesses accept, process, post and manage payments. Processing millions of transactions monthly, FTNI’s integrated receivables hub, ETran, accepts any payment method, via any payment channel — on a single, secure, cloud-based platform. ETran’s easy-to-deploy, modular design seamlessly integrates current business processes, bank and processor relationships, and back-office accounting software to deliver increased efficiencies and cost savings as a result of true straight through processing. Founded in 2007, FTNI serves more than 16,000 corporate users from leading organizations such as the American Red Cross, DirectBuy, Five Star Senior Living, Mutual of Omaha, Penn Mutual, Physicians Mutual Insurance, Proxibid, RealPage, Shamrock Foods, The McClatchy Company and many more. For more information, visit ftni.com.

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