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Online Business Deposit Calculator 

Please enter the applicable information for your business to see how much you can save. 

Existing Labor Costs
What is the annual salary for the person who typically handles the deposit process (Enter 0 if hourly)? $
OR What is the hourly pay rate for the person who typically handles the deposit process (Enter 0 if salaried)? $
By what percentage does your base labor cost increase for all company benefits? (Health Care, Dental, Vision, 401K, Workers Comp, etc.)
How many work days are in a calendar year for your company?
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Number of Deposited Items
How many checks do you receive on average per business day?
On average how many business days are in each month?
What is the average value of a check you receive? $
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Solutions Cost Using Online Business Deposit (OBD)
What is your bank's service fee per month for OBD? $
What is your cost for the check scanner?
(Single Feed = roughly $325, Multi Feed = roughly $625)
$
On average, how long does it take to prepare deposits for scanning (minutes)?
On average, how long does it take to scan deposits (minutes)?
On average, how long does it take to verify scanned deposits (minutes)?
How many times per day do you anticipate scanning and transmitting deposits?
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Solution Savings Using Online Business Deposit (OBD)
On average, how many trips to the bank do you make per week?
How many trips can be eliminated due to OBD?
How long does it take you to travel to and from the bank (minutes)?
On average, how much time do you spend in the branch (minutes)?
Per trip to the branch, what is your total round-trip mileage?
What is your mileage reimbursement rate? $
How much additional time is lost during trips to the bank i.e. traffic, personal errands, etc. (minutes)?
What is your current days float per deposit item?
How many days float will be eliminated per deposit item using OBD?
What percentage rate does your company use to express the cost of money?
How many banking deposit relationships do you have?
What are the deposit related monthly service fees per bank? $
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