Saving time and saving money are often the top two reasons a business chooses to utilize a remote deposit capture service for check processing.  Another reason?  It's good for the environment.  As we approach Earth Day on April 22, we take a look at how electronic check processing services positively impact the environment and can be part of a business' commitment to reducing waste and consumption of fuel. 

Here are some things to consider when putting remote deposit capture, also known as RDC, to work for your business.Saves Paper. Streamlined check handling and processing doesn't just save time, it saves paper, not only for your business but for your financial institution, too. With RDC you no longer have to list checks on deposit slips.  Check images and information are sent to the bank electronically. Deposits and funding activity can be tracked online at your payment provider's website.

Save Fuel. Unless your bank is next door, dedicated trips to the bank for check deposits impact the environment through increased fuel consumption. Remote deposit capture services provide for "desktop" deposit, eliminating trips to the bank for check deposits. With RDC, you use a PC and check imager to transmit check information to your payment provider for deposit processing. For businesses with remote locations, RDC services can allow you to direct deposits from numerous locations to one main account, saving on frequent trips from miles away. 

Extended Impact. Don't forget the big picture.  Electronically processing your checks can mean less paperwork and transportation costs for your bank and customers, too. With RDC, you may be able to reduce courier trips.  For the bank, transporting paper checks, scanning and returning checks to other financial institutions and check writers uses resources such as fuel, paper and envelopes. Electronic processing can mean fewer pages for bank statements, reducing the paper sent to bank customers.  Immediate access to transaction information online for you and your customers can save additional correspondence and driving time.

Overall strategy.  In addition to electronic check processing, you may want to look at other ways to promote electronic payments at your business, including using online bill pay and direct deposit. 

Going green and making conscious decisions to reduce, recycle and reuse are great objectives for any business to embrace and will most likely get the support of customers and employees too. Programs such as electronic banking and payment processing are easy ways to start and are not only good for the environment, but good for the bottom line. To get started at your business, find out more about remote deposit capture services with our white paper.  Happy Earth Day!