Articles
March 1, 2008
Adopting BOC
by Murali Muralidaran
today
Back Office Conversion (BOC) was anticipated to be one of the new emerging trends poised to transform the payment landscape however, many industries that could benefit from this check conversion technique have been slow to adopt the solution. The primary advantage of BOC versus traditional check processing is a reduction in bank check fees, accelerated access to funds and reduction in losses from returned items, but if this is the case, why the lackluster acceptance of the solution?