About the RDC Value Calculator by RemoteDepositCapture.com
The RDC Calculator estimates the core value provided by remote deposit capture. Additional value not estimated by this calculator includes the time and costs saved by eliminating data entry, the ability to systemically update accounting and other systems, eliminating the risk involved in making deposits, and the value of “convenience” and/or “coolness.” The total value provided by RDC may, therefore, be substantially higher.
For financial institutions, the primary variables that determine the value created by RDC for any given client include:
- The value of deposits.
- The volume of checks deposited.
- New balances.