3 Ways You Can Simplify Operations, Save Time and Increase Profits

Business team working with papers, view from above

So many businesses are receiving and processing payments manually. Customers are still receiving invoices, filling out a payment form, and writing a check to then mail it into your office where the check payment is marked received and then driven to the local bank for deposit. We get it. Going digital is a daunting task!

That’s why Central National Bank provides business service solutions to help our customers streamline the payments process and simplify your office operations. Gone are the days when you had to drive to the bank and wait in line for the next available teller.

Here are a few ideas to simplify your day-to-day operations:

Bring the teller window to your business with Remote Deposit Capture, ACH Services and/or Lockbox Services from Central National Bank.

Daily trips to the bank can eat into your time and profits while depositing checks less frequently removes your ability for full use of funds. Sign up for all three of these services at the same time, or roll them out slowly if you’re crunched for time.

  • Remote Deposit Capture (RDC) is our one-stop solution for convenient check depositing. You can deposit checks daily and access those funds as early as next the business day using Remote Deposit Capture. Capture money orders, consumer checks, cashier’s checks and corporate checks electronically with a secure, accountable check processing system.
  • Combine Remote Deposit Capture with Central National Bank’s ACH Services for check by phone payments; with proper authorization from your customer or employee, create one-time or recurring EFT (electronic funds transfer) credit and debit transactions. This service also allows check payment acceptance by phone. To help streamline your payment and payroll processes, NACHA compliant ACH files may be uploaded from accounting software directly to our secure online platform for final submission and processing.
  • Don’t forget to ask about Lockbox Services. Central National Bank’s Lockbox Services can help business owners more efficiently manage their incoming payments. How does it work?
    • Payments are routed to a secure post office box held by the bank. Lockbox contents are collected and transported directly to our processing center, imaged, and deposited into your account daily. Payments and reports are viewable via our secure Lockbox online portal, at your convenience. Let us handle deposits for you so you can focus on what’s most important, running your business.

Pay bills, verify issued checks, create and send wire transfers, stop payments on issued checks, transfer funds between accounts, and set up account alerts using one easy Central Business Banking package.

Central Business Banking is a package of services created for businesses to conveniently access their account information online, anytime. Capabilities range from viewing and saving transaction data to issuing bill payments, wire transfers, and more.

Plus, access your information via mobile and text banking on those days when attendance at your child’s sporting event is more important than being behind your desk. Small business doesn’t have to mean inefficient business or inaccessible business. Sign up for Central Business Banking at $10 per month. Receive a reduced rate of $12 per domestic wire transfer; $12 per stop payment.

Non-profit organizations have a need for digital services too. Receive regular payments and donations through your website using Customer Payment Portal.

Sign up for Customer Payment Portal to accept secure, one-time and recurring payment options as well as ACH and check payments through your company website. The system offers a convenient method for scheduling and making payments, meaning it’s easy for your customers to log in and keep track of donations or payments. Easily integrate it into your existing website, and customize it to your needs by adding your company colors, logos, and input fields specific to your organization.

We are happy to provide quotes and conduct demos of all of these products to suit your needs. Give your local branch a call, we’re happy to provide additional information, or even do some brainstorming to get your business operating more efficiently.

 

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