Information Management

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Electronic Bank Account Management (eBAM)

Managing your company’s multiple bank accounts can be easier than you’d expect. Common practices for account opening and management are manual and paper-based, creating an inefficient, error-prone environment. J.P. Morgan plans to automate and streamline processes through electronic bank account management (eBAM).

Benefits of eBAM:

Open, maintain and close accounts electronically
Streamlines workflows and creates efficiencies by reducing manual, paper-based account processes freeing up resources for more strategic, value-added functions
Increases visibility into banking processes thereby enhancing predictability and enabling business planning
Enables faster processing and accelerated response time

Our eBAM approach will provide a consistent experience and unified view of account management activity. While still under development, J.P. Morgan plans to extend automation wherever possible to provide fast, efficient and reliable account management. J.P. Morgan’s dedication to eBAM reinforces our continuing efforts to reduce costs and boost efficiency through electronic solutions.

Podcast
eBAM Is Reshaping Account Management Would your organization like more flexibility, control and efficiencies with bank account management? Electronic bank account management (eBAM) will establish a standard, electronic format to facilitate the account management and audit activity between a corporate organization and its financial institutions. Download file All podcasts »

Information Management

Electronic Bank Account Management (eBAM)

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