Small business owners face a number of challenges in growing and operating their companies, but advances in technology have simplified one facet of business – receivables. Digital technology provides business owners quick access to capital, freeing up time, expanding growth options and cutting “paperwork” down to a few clicks of the mouse.
Historically, making deposits has been time consuming. All of the essential cash management chores such as preparing deposits, driving to a bank branch, and waiting in line cost company’s money. However, through the use of remote deposit, checks can be deposited without leaving the office. The result? Less time and money needed to track and manage cash flow.
Business Gets Digital
Remote deposit enables businesses to deposit paper checks from any location, by utilizing a desktop scanner that connects to your computer and the Internet. Deposits are easy, fast and secure.
Remote deposit capture is part of our online suite of services. Simply log into our remote deposit website, scan your checks and get back to business. It is digital banking technology designed specifically for business owners.
Time and money are scarce business resources. Remote deposit conserves these resources, increasing the productivity of staff from CFO to data entry clerk. Today's digital technology simplifies the process of payment collection, deposit and reconciliation, leaving more time and capital to grow a business to profitability.
From managing payroll and remote check deposits to everything in between, automating your business processes will give you some peace of mind. It not only increases efficiency, but also adds a layer of security to your everyday payables and receivables. To learn more, check out our full suite of Treasury Management Services or contact your business banker.