GeoVera Insurance Company Selects Creditron

Fairfield, Calif.-based GeoVera Insurance Company has chosen a payments processing solution from Creditron (Rockville, Md.) to enable electronic transaction clearing, check-and-list processing, and seamless accounts receivable posting, the vendor announced from IASA 2010 in a press release.

Creditron suggests that GeoVera's deployment of the new solution could lead to accelerated processing turnaround and reductions in annual hardware and software maintenance costs, while also helping to eliminate the need for a courier service to bring deposits to the bank.

"By deploying Creditron's image-enabled remittance platform, GeoVera Insurance Company will streamline its payments workflow and processes to reduce costs, speed funds availability and enhance its service," Creditron founder and CEO Wally Vogel said in the press release.