Fee Management Solution
Reclaim time. Minimize fee reversal errors.
CUTEK’s Fee Management Solution was designed with your credit union in mind. Our Fee Management Solution removes the need for manual research, incorrect fee reversals, and only allows designated employees to perform reversal requests.
When launched, our Fee Management Solution will display a list of all assessed fees against the selected account any time over the past two years. With the click of a mouse, each fee needing to be adjusted can be handled by our Fee Management Solution making the appropriate adjustments to the member’s account, debiting the correct GL based on the type of fee assessed, and finally creating an individual record of each adjustment, thus eliminating any confusion that could result in multiple refunds or other mis-postings.
“The Fee Manager product is extremely easy to use and will only improve as we have more fee history in the system. We love the fact that you never have to record a date or even touch your keyboard to refund a fee."t’s simple and 100 percent integrated with member history. If you can click a mouse, you can refund a fee.” ~ Erni Zimmerman, Operations Manager University Federal Credit Union.
Put the power of Fee Manager Module to work for your credit union today. Get in touch for a free demo.