James S. Cowen, has worked with many different nonprofit and for-profit commercial operations in North America and Europe. Repeatedly observing how countless hours are spent trying to process smaller to mid-tier transaction volumes (usually defined as under 10,000 daily), it became apparent that typical methods and technologies are outdated, overpriced and ineffective.
The founding of Aqubanc brings together powerful features found in higher volume check, imaging and forms processing operations to help nonprofits and organizations excel with data entry, posting, image archiving and electronic check depositing for constituent and gift processing. Stewarding resources enables nonprofits to better serve their constituents, their donors and fulfill their missions.
Since Aqubanc's inception, the company has built relationships with hardware, software and service providers to make Cheque 21 affordable and reliable. Each of these relationships has made it possible for nonprofits to achieve savings without sacrificing quality or accuracy.
Aqubanc has collaborated with Contact Innovations in modifying their remittance processing system to meet the stringent as well as broad needs of nonprofits. This collaboration was so comprehensive to make the flow of data for the entire transaction, check and Response Forms, along with their images easier to post into fundraising software as well as financial software. Before this collaboration, the choice was manual data entry or placing unfriendly barcodes on the Response Form. It is the search and delivery of these types of solutions which have been lacking for nonprofits in their quest to be more efficient in gift entry, posting and depositing.