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29 April 2015
Santa Cruz
Reporter Stephanie Palmer

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Fundtech to provide services for non-profit organisation

Fundtech has been chosen to provide its remote deposit solution for the Santa Cruz Country branch of not-for-profit organisation United Way.

The global organisation strives to provide education, income and health services to the local community. Fundtech will help to streamline back-office operations, thereby helping to save money in costs.

It will improve the process of preparing deposits and automate check processing, making the process faster, less labour intensive, and more cost effective.

Karen Sullivan, CFO of United Way of Santa Cruz County, said: “In a non-profit organisation, you want every dollar to get to the right place.”

“By investing in remote deposit, we saved considerably on back office expenses that we have been able to redirect to our community programs.”

Danne Buchanan, executive vice president of merchant services at Fundtech, said: “As a leading provider of remote deposit technologies to banks and businesses of all sizes, Fundtech also provides comprehensive services and support for check scanner devices.”

He added: “For an extremely low cost, we provide and maintain both the hardware and software for businesses for which every penny matters.”

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