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What is Cash Management?
At this point, you may be asking “What exactly is cash management?” It’s a suite of financial services designed to help you run your business more efficiently. Cash management includes everything from tracking cash flow and processing payments to automating accounting tasks and protecting against fraud.
The team at AbbyBank offers comprehensive cash management solutions specifically designed to help simplify your business’s financial operations!
Benefits of Cash Management Services
- Better cash flow – Stay on top of receivables and payables so you always know where your money is.
- More efficiency – Automate tasks like payroll, invoicing, and deposits so you can focus on running and growing your business.
- Fraud protection – Protect your business from ever-evolving digital threats with advanced monitoring tools.
- Smarter decisions – Access real-time financial data to make more informed decisions for your business’s future.
AbbyBank’s Cash Management Services
- Remote Deposit Capture – Deposit checks at a moment’s notice, no matter where you are, with AbbyBank’s remote deposit capture.
- Automatic Transfers (Sweeps) – Automate transfers between your accounts to help you generate additional interest, pay down debts, and improve your overall cash flow.
- Fraud Protection – Our fraud detection tools continuously monitor your accounts for suspicious activity and help stop transactions before they can harm your business.
- ACH Services – Simplify payroll, vendor payments, and customer collections with our Automated Clearing House (ACH) transaction services — a faster, more secure, and cost-effective alternative to paper checks.
- Positive Pay – Our automated system vigilantly matches check and ACH transaction details to your issued files and approved lists, providing early alerts in Business Online Banking to quickly identify and stop suspicious activity.
- Merchant Card Services – Make accepting payments a breeze with Merchant Card Services. We’ll set you up with standalone terminals, pin pads, and point-of-sale systems to help your business run more efficiently, boost sales, and improve customer satisfaction.
- Autobooks – Simplify accounting with Autobooks, an integrated tool that lets you manage your books without the need for additional software—or the added security risks that can come with it.
Get Started Today
Every business is different, and we’re here to help yours succeed. AbbyBank’s personalized cash management services are designed to meet your unique needs and help you reach your financial goals. Ready to see what we can do for your business? Let’s talk!
