Secure Document Systems Inc. is offering payments outsourcing to banks through a new service called Payformance.

As part of Payformance, Secure Document Systems has designed a 32-bit version of its laser check printing software to sort and split production of the payments process.

The software lets banks' customers print checks internally. It is a first step to migrating customers to electronic payments.

Payformance initially will focus on all accounts-payable items, such as checks and invoices.

The service's payment options will accommodate check production, automated clearing house transactions, and remittance advices, via such media as fax, e-mail, or electronic data interchange.

With Payformance, subscribing financial institutions output data files and transmit them to Secure Document Systems, which will print, prepare, and deliver the documents.

A bank can use Payformance to print and process all or a portion of their clients' payments.

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