Go Green

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Paperless Solutions

The last thing your company needs is more paper. Did you know that to file and maintain 500,000 pieces of paper, on average, companies spend an estimated $515,000 in workflow management researching lost files, and paper storage and disposal?

Greg Long, who leads J.P. Morgan's "Go Green" initiative, speaks with Maureen Callahan in the following video from the Alexander Hamilton Awards session on Best Green Strategy.

Turn off the paper waste and turn on the efficiency gains with J.P. Morgan. We offer a variety of tools, strategies and solutions to help your treasury managers review your global operations and migrate quickly to a paperless environment.

At what cost?
If your company received 3,000 paper-based lockbox transactions last month, you could have saved $2,225 — or $0.75 per transaction.

Manual, paper-based receivables processes — returning checks and documentation from lockboxes, entering accounts receivable (A/R) data and resolving exceptions — costs your company thousands of dollars each year. Add off-the-book labor, technology, document storage and process redundancy costs, and the spend skyrockets.

Reengineer your receivables processes with J.P. Morgan to reduce expenses and improve access to global information, collection rates, clearing and funds availability.

E-Check Services — Provide retailers with the ability for their customers to make payments over the telephone or via the Internet.

Healthcare LinkSM — Allow healthcare providers to post electronic and paper payment details into an A/R or practice management system, and automate data-to-payment matching.

Image Cash Letter — Image checks and transmit them electronically for clearing as an image cash letter rather than deposit cash letters and associated original checks.

Image Deposit Direct® — Use our easy-to-adopt desktop scanner to capture checks from any geographic location and transmit the images to a central account or multiple accounts.

Pay ConnexionSM — Use this online bill presentment tool to offer customers multiple ways to pay bills electronically, while you accelerate transactions, streamline workflow and eliminate paper.

Receivables EdgeSM — View payment information and images received in your lockbox, as well as electronic payments received via ACH or Fedwire - and upload this data into your A/R system.

Smart Safe — Receive same-day provisional credit while protecting against theft and providing added security for employees and cash.

Virtual RemitSM — Scan and transmit checks, full-page remittance documents, coupons and envelopes from your desktop and electronically send the images to the bank for deposit.

At what cost?
Your monthly disbursement process creates a paper and expense trail that goes far beyond checks. Xerox® estimated that for every dollar spent on printing documents, companies incur another six dollars in handling and distribution. One organization that consumed 32 tons of paper annually calculated that it would save $175,000 per year by simply making payments electronically via ACH or corporate card.

Virtually eliminate paper from your disbursements processes with J.P. Morgan and make the treasury operations of payers and payees more efficient, secure and environmentally sustainable. Our solutions will also help you reduce the costs of check delivery, administrative security and fraud.

ACH Tax Payments — Pay business tax payments (state, federal and some local) electronically using a Web browser or telephone.

Corporate Cards — Manage travel and entertainment expenses with one of the world's most widely accepted travel cards built on an innovative technology platform.

Direct Deposit of Payroll — Transfer payroll directly into your employees' bank accounts.

Government Credit Cards — Reduce administrative costs associated with authorizing, tracking, paying, allocating and reconciling purchases to create process efficiencies and reduce costs, fraud and abuse within your agency.

Order-to-Pay — Streamline B2B accounts payable processes, including purchasing, order management and shipping, using a single Web portal.

Payables Web ServicesSM — Reduce the resources and hours to initiate payments, research payment status and reconcile accounts with this online disbursements platform.

Payroll Cards — Leverage a cost-effective Visa®-branded debit card alternative to issuing paychecks to employees.

Purchasing Cards — Simplify payments, increase control and track purchases to reduce processing expenses for significant cost savings.

Single-Use Accounts — Access virtual Visa® or MasterCard® accounts that can be seamlessly integrated into any procurement or payment system.

At what cost?
It is easy to fall victim to the deluge of paper reports, lockbox details, account analysis, DDA balances, transaction summaries and controlled disbursements. In 2007, U.S. companies printed 1.5 trillion pages — that is a 95,000 mile-high stack of paper, or equivalent of nearly 20 million trees.

Increase productivity and control, save time and costs, and improve security and business continuity with J.P. Morgan. Our electronic reporting solutions offer electronic access to global information in real time.

Internet DDA Statements — Get Web-based access to DDA statements that allow you to download, archive and obtain images of paid checks.

J.P. Morgan ACCESSSM — Gain faster access to your transaction history with an online summary report of balances recorded after each posting. Balance information is easy to download and archive.

Payables Web ServicesSM — Retrieve images of paid checks and statements, interface with ARP and place stop payments.

Secure E-mail Funds Transfer Advices — Get fast access to information on funds transfer activity through the use of secure e-mail messaging.

At what cost?
If you rely on paper documents to manage your business functions, you are exposing your company, vendors and customers to business continuity risk. Even minor disasters can destroy paper documents or restrict access to them — disrupting or halting the flow of business and vendor supply chains.

Increase productivity and control and promote business continuity with a J.P. Morgan document retention strategy. Enable your staff to access key data online in seconds, including customer receipts, vendor contracts, electronic and paper reports, digital forms and data.

CD-ROM Image ViewerSM — Retrieve paid DDA items stored on CD-ROM and search by check number, paid date or dollar amount.

J.P. Morgan ACCESSSM — Access current and archived global data online.

Receivables EdgeSM — View payment information and images received in your lockbox as well as electronic payments received via ACH or Fedwire. Requires image lockbox.


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