# Alzheimer’s Research UK Streamlines Cheque Processing with Checkprint
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2016-10-26
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: Alzheimer’s Research UK Streamlines Cheque Payments with
Meta Description: Discover how Alzheimer’s Research UK benefits from innovative software to streamline cheque payments and prepare for faster clearing in the UK.
URL: https://financedigest.com/alzheimers-research-uk-streamlines-cheque-processing-with-checkprinthtml

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Alzheimer’s Research UK, the UK’s leading dementia research charity, has streamlined how it manages its cheque payments by deploying innovative software from Checkprint, part of the TALL Group of Companies, the UK leader in the provision of secure paper and payment solutions. By installing Banking Assistant Professional, the charity is also equipped with the tools to benefit from the introduction of cheque imaging and digitised faster clearing in the UK, which is expected before the end of 2018.

Alzheimer’s Research UK funds world-class studies that provide the best chance of beating dementia sooner, focusing on prevention, treatment and cure. With no government funding for its research, the charity relies on donations from the public to be able to fund its pioneering work.

Previously, a team of employees would manually sort and process the cheques before uploading the [data into internal systems](https://www.financedigest.com/interoperability-of-data-to-accelerate-the-whole-slide-imaging-systems-market.html "Interoperability of data to accelerate the Whole Slide Imaging Systems Market"), which proved to be time-consuming and not cost effective. After speaking with Checkprint, Alzheimer’s Research UK [opted to install Banking](https://www.financedigest.com/central-banks-opt-for-shock-and-awe-to-tame-inflation.html "Central banks opt for shock and awe to tame inflation") Assistant Professional. This bespoke software application is a cheque and cash deposit [management system](https://www.financedigest.com/energy-management-system-market-to-register-a-cagr-of-14-8.html "Energy Management System Market to register a CAGR of 14.8%") that combines a desktop scanner to capture all images and details from the cheques with comprehensive software. It helps customers to comply with regulations, speeds up the [banking and reconciliation process and generates a searchable archive of cheque data](https://www.financedigest.com/can-banks-compete-in-the-digitisation-race-without-effective-data-integrity.html "Can banks compete in the digitisation race without effective data integrity?") and images.

Whilst helping Alzheimer’s Research UK to modernise its [cheque processing, Banking Assistant Professional will also prepare the charity to take advantage of the introduction of the Cheque Image Clearing System](https://www.financedigest.com/impact-of-new-cheque-clearing-system-discussed-at-leading-seminar.html "Impact of New Cheque Clearing System Discussed at Leading Seminar ") (ICS), formerly known as the Future Clearing Model, which is expected before the end of 2018. When put into place, [every bank](https://www.financedigest.com/how-to-nail-your-banking-audition-every-time.html "How to nail your banking audition every time") will be required to clear all cheques on the image and data files alone, and no further paper cheques will be exchanged between banks in achieving the clearing process. As a result, the time taken to clear a cheque will be [reduced from the current four to six day](https://www.financedigest.com/uk-reduces-covid-19-self-isolation-to-7-days-for-most-in-england.html "UK reduces COVID-19 self-isolation to 7 days for most in England") cycle, allowing transactions to be irrevocably completed within 48 (working) hours. [Banking Assistant Professional enables](https://www.financedigest.com/the-open-banking-revolution-enabling-accessible-and-inclusive-finance.html "The open banking revolution – enabling accessible and inclusive finance") users to be “image-ready” and offers remote deposit capture (RDC) functionality, by agreement with their bank.

Hayley Smith, IS Manager, Alzheimer’s Research UK, said: “Checkprint’s [Banking Assistant Professional has helped us to drastically cut the amount of time](https://www.financedigest.com/ogrady-to-return-to-bank-of-ireland-as-ceo-irish-times.html "O’Grady to return to Bank of Ireland as CEO – Irish Times") we spend processing and managing incoming cheques, in turn allowing our team to spend their valuable time working on other tasks. With quicker access to information surrounding all cheque payments, the solution is also helping us to resolve any queries from [supporters regarding](https://www.financedigest.com/holcim-supports-resolution-with-u-s-regarding-legacy-operations-in-syria.html "Holcim supports resolution with U.S. regarding legacy operations in Syria") their donations. In addition, the remote deposit capture (RDC) will help to future-proof our [business](https://www.financedigest.com/apis-open-banking-and-new-business-models.html "APIs, Open Banking and New Business Models") ahead of changes to the UK’s clearing model.”

Martin Ruda, Managing Director of Checkprint, said: “Banking Assistant is a unique application that provides functionality that Alzheimer’s Research UK [requires](https://www.financedigest.com/building-a-relationship-led-bank-requires-a-more-human-touch.html "Building a relationship led bank requires a more human touch") today, as well as delivering the necessary tools to support remote deposit capture (RDC) when the Cheque Image Clearing System (ICS) is introduced in the UK. Alzheimer’s Research UK is a wonderful organisation that carries out incredible work, and we are pleased to help streamline its [payment](https://www.financedigest.com/how-business-owners-can-improve-their-operational-and-financial-performance-through-contactless-and-card-payments.html "How Business Owners can Improve their Operational and Financial Performance through Contactless and Card Payments") operations.”


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