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Online Cash Management

As empowering as building your own business may feel, managing your finances can become overwhelming. Online cash management from Community National Bank & Trust can simplify business banking and help you do more business than bookkeeping. Don’t have a business banking account with us? Enroll today.

What is cash management?

Before diving into the benefits of online cash management from Community National Bank & Trust, it’s important to understand what cash management is. Essentially, cash management’s purpose is to maximize liquidity and minimize your funds’ costs. The term refers to the day-to-day management of the cash inflows and outflows of your business. 

If your business makes multiple cash transactions in a day, it’s crucial to keep track of your funds. Failing to monitor your cash flow may lead to a loss of revenue, an audit from the IRS, or even bankruptcy. Cash management helps you find and solve errors before they become major issues for your business.

Online Cash Management Benefits

Keep Your Funds Organized

Organizational skills are a key component of any successful business, especially where cash is concerned. Online cash management allows you to review your cash flow any time of day, no matter where you are. Whether you’re in the middle of a meeting or away from the office, you can check on your finances on your computer, tablet, or mobile device.

Improve Your Financial Stability

Monitoring your cash flow consistently can help your business prepare for potential financial issues, such as loss or theft. Online cash management keeps your finances accurate and up-to-date to ensure you have the correct amount of cash on hand in your account. For additional stability for your business, learn more about our anti-fraud systems, Positive Pay and ACH Debit Block.

Faster Payroll Deposits, Tax Payments, and More

When it comes to business, time is truly money. Whether you need to file taxes electronically for your business or improve your payroll process, online cash management allows you to complete a wide variety of essential cash functions quickly, including:

  • Direct deposit payroll
  • Automated Clearing House payments and collections
  • Wire transfers
  • Electronic Federal Tax Payment System® tax payments
  • Check stop payments

Sign up for Online Cash Management Today

From streamlining your payroll to keeping your finances organized, Online Cash Management from Community National Bank & Trust can help your business succeed. Find a banking center near you and enroll today!