Automating Remittance Processing and EFT Reconciliation Providers receive remittance information from an overwhelming amount of sources: clearinghouses payer websites payer-affiliated electronic payment vendors lockboxes and on paper. Even if received electronically remittance files often contain non-standard data elements that require manual intervention and reorganization. This causes billing offices to spend countless hours manually posting remittance information and reconciling EFT payments with remittance files. Remit iQ aggregates analyzes and organizes a provider’s remittance information to eliminate the need to search multiple sources for complete information. Our software reduces costs while streamlining business operations by: Leveraging the proprietary rules engines to reformat and translate payer-originated remittance files into data that is automatically posted to one (or multiple) health information system regardless of required format. Creating a single consolidated view of all remittance data to rapidly work exceptions. Receiving EFT deposit con rmations and automatically re-associating them with ERAs. Almost 10 000 proprietary rules 20+ years of remittance processing rules aggregation Flexible data retrieval: can retrieve all remittance information on behalf of providers or receive files from the providers themselves. Self-service rules builder Easy-to-use provider interface for managing and viewing remittance and EFT data Automated SaaS solution for any HIS