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 co