Financial Transmission Network Inc. (FTNI), (ftni.com) a leading provider of integrated payment processing solutions, and Javlin Capital, an established specialty finance firm, recently announced the successful implementation of FTNI’s ETran integrated receivables hub.
Serving businesses looking for capital partnerships in 8 locations across the U.S., Javlin has deployed approximately $350 million since 2011. Facing strong growth and an expanding scope of partnerships and operating locations, Javlin sought an integrated receivables processing solution to address inefficient and expensive check-based remittance operations. ETran’s enhanced Remote Deposit Capture (RDC) module allows Javlin to realize significant savings without any changes to existing bank relationships or back office accounting software.
Unlike traditional, disparate, standalone payment processing solutions, ETran’s easy-to-deploy, modular design seamlessly accepts any payment type (checks, ACH, credit & debit cards, cash) from any payment channel within a single interface — providing consolidated settlement, posting, reporting and reconciliation. The ETran receivables hub helps businesses implement more innovative, efficient and time saving AR processes. In Javlin’s case, the firm now easily directs funds electronically every day and tracks various settlement accounts with enhanced reconciliation.
Omaha-based Javlin Capital LLC uses operating and valuation expertise to invest in nuanced financial assets. For more information, visit javlincapital.com.
Financial Transmission Network, Inc. (FTNI) accelerates the way businesses accept, process, post and manage payments. For more information, visit ftni.com.