Electronic Deposit Manager
Want to cut the time you spend preparing checks? And save yourself trips to the bank? It’s possible with Fifth Third Bank’s convenient, secure, web-based Electronic Deposit Manager (EDM). Expedite access to funds as we help you improve check deposit and reconciliation efficiency—all when you capture and deposit receivables remotely. EDM helps enable you to deposit checks quickly and easily—from anywhere you do business.
How Electronic Deposit Manager works:
- Connect the compact digital scanner to your PC.
- Scan checks and deposit slips.
- Transmit your balanced deposit files.
The end result: Deposits post and are processed faster for quicker funds availability. Faster access to working capital provides you with the ability for increased investment opportunity. This innovative remote deposit solution expedites your processing and offers later deposit deadlines, helping you maximize your cash position.
You can count on:
- Retaining in-house control over deposits
- Quicker access to your receivables and associated data
- Help with mitigating check fraud risk
- Reduced costs associated with depositing checks at a banking center
- Timely access to centralized data for more accurate and robust reporting
- Increased employee productivity by minimizing inconveniences of employee trips to the bank
Find out more about our Electronic Deposit Manager. Contact a Treasury Management Officer or a Relationship Manager.
Deposit and credit products provided by Fifth Third Bank, Member FDIC.