Fifth Third Currency Processing Solutions®

What is Fifth Third Currency Processing Solutions?

Fifth Third Currency Processing Solutions (CPS) is a cash management solution for businesses handling a few hundred dollars in cash a day to hundreds of thousands of dollars a day. The comprehensive, automated cash handling solution can help you realize significant savings in time and labor, as well as reduced risk of theft. CPS eliminates multiple touch points and allows employees to spend time on more profitable tasks for your business. And it provides real-time data on cash flow across multiple locations for better informed decision making. Whatever the size of your business, our Currency Processing Solutions can help transform your cash handling operations.

Benefits of Fifth Third Currency Processing Solutions

  • Automates time-consuming activities like counting, reconciling, and moving deposits to the bank.
  • Reduces the risk of loss or theft by eliminating touch points.
  • Provides real-time data and insight into your overall cash position by tracking interactions between locations.
  • Helps your working capital with secure deposits, cash flow, reduces the risk of loss or theft, reallocates employee time, and helps inform future business decisions.

Currency Processing Solutions Managed Services

Through a full managed service, client receives end-to-end service and support from Implementation, to service delivery, to end-of-term.

From start to finish, we make it easy for you. First, our team of dedicated cash handling experts works with you to analyze every aspect of your cash handling cycle. Then, we’ll develop and implement a solution specifically tailored to your business. After implementation, you can count on a streamlined cash handling process that’s backed by our service and support.

  • Planning: We’ll work with your team to look for the best way to remove inefficiencies in your cash handling process.
  • Implementation: We collaborate to build processes and workflows to ensure the transition to CPS is as smooth as possible.
  • Hardware: We manage the setup and deployment of CPS devices throughout your organization.
  • Training: Once devices are installed, we’ll work together to ensure your staff receives the appropriate training.
  • Cash in transit and armored vehicles: We manage the armored courier relationships and coordinate schedules, while leveraging the bank’s economies of scale for best rates and experience.
  • Reporting: Robust reporting and alerts across our platforms including access to transaction reports, user activity reports, and more.
  • Maintenance: Not only are we committed to ensuring our devices work properly, but also to proactively updating and improving our software, and technology.
  • Parts: If your device ever needs a replacement part, our support team will ensure your equipment is fully-functioning.

CPS has helped 400+ customers across the U.S. with 10,000+ locations improve efficiencies, reduce risk, and gain better insights. Contact a Fifth Third Advisor to implement CPS for your business.

Industries We Serve

We serve multiple industries including: No matter your industry, you benefit with CPS
  • Appliance and Electronics Stores
  • Bars
  • Breweries and Wineries
  • Car dealerships
  • Casual Dining
  • Gaming Locations
  • Gas stations/convenience stores
  • Grocery Stores
  • Liquor stores
  • Money Services
  • Other food manufacturing
  • Quick Service Restaurants
  • Retail
  • Sports and Entertainment
  • Wireless
  • Reduces the time it takes for your managers to continually count, reconcile, and manage money coming in.
  • Managers gain back a couple hours in the day to focus on other critical areas of your business, such customers, operations, and employees.
  • Managers can skip the trip to the bank to make a deposit.
  • If you currently rely on armored events, we can typically reduce those by more than half.
  • Eliminates the additional cash touchpoints reducing errors and minimizing store loss
  • Cash can be handled, reconciled and reported on site.
  • Provisional credit allows for funding of accounts even before cash is delivered to the bank
  • Real time reporting and alerts provides visibility needed to manage business
  • Solution option of deposit only capability, or recycling functionality for higher cash volume stores

Additional Resources