Consolidate Banking Relationships
Merchant Remit eliminates the need to have a local banking relationship associated with each business location.

A More Efficient Corporate Treasury
Corporate treasury operations will simply be more efficient. Lower transaction processing costs, reduced funding rates, enhanced cash flows and consolidated banking relationships will result in a treasury department which has more time to focus on more productive endeavors.

Reduced Internal Accounting Costs 
Corporations can also save time and costs associated with bank account analysis, reconciliation and management, creating, balancing and transporting deposits, and associated keying and preparation for posting to accounts receivable.

Accelerated Clearings
Merchant Remit allows corporations to capture deposits in any office, business location or processing center, thereby eliminating the need for checks to be transported to the bank.

Improved Availability
Most banks offer availability schedules which depend upon time of deposit. The earlier a corporation can make the deposit at the bank, the better the availability schedule assigned to the deposit.

Enhanced Cash Flow
Corporations can improve cash flow and working capital through accelerated clearings and improved availability.

Reduced Transportation Costs
The cost and risk of moving items to the bank will be substantially reduced, creating a more cost effective and safer environment.

Data Mining
Every field on an item can be captured and placed in a customer database during the scanning process. This information can be used for future fraud detection and marketing and account analysis.