What is Fifth Third Currency Processing Solutions® (CPS)?
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A Comprehensive Approach to Managing Cash Receipts from Point of Sale to Bank Deposits
What is CPS? 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.
There are several benefits of Fifth Third Currency Processing Solutions®. Fifth Third Currency Processing Solutions® helps reduce the risk of theft by eliminating multiple touch points and allows employees to spend time on more profitable tasks. Currency Processing Solutions gives real-time data on cash flow across multiple locations for better informed decision making.
Our team will work with you to manage every aspect of your cash handling process. Contact a Fifth Third Treasury Officer today to implement Fifth Third Currency Processing Solutions® for your business.
3 Reasons Retailers Need Fifth Third Currency Processing Solutions®
Losses Attributed to Cash Handling are Significant
Handling cash costs retailers in the United States $40 billion annually.1
The Numbers of Cash Transactions Remains Constant
27% of all transactions are still being completed with cash.2
The Cost of Handling Cash Continues to Increase
Inefficient utilization of labor, increasing transportation costs, and losses all contribute to increasing expenses.
How Currency Processing Solutions Works
Currency Processing Solutions works
Fifth Third Currency Processing Solutions Keep You Organized
Our team of dedicated cash handling experts work with you to analyze every aspect of your cash handling cycle – and develop a solution tailored specifically for your business.