Cash Management
ACH transactions made simple. We make banking LOCAL easy!
WHAT IS CASH MANAGEMENT?
ACH Cash Management provides clients complete centralized ACH origination capabilities. This includes: Single-entry debit and credit origination Scheduled recurring debit and credit transactions Direct deposit of payroll Direct debit and credit programs Corporate to corporate transactions
This service also provides clients a full line of reports intended to help the cash management professional manage their company’s cash flow. Clients can view, print, and download all transaction reports.
BENEFITS OF CASH MANAGEMENT
- Initiate and manage ACH transactions
- Transfer funds from bank account to bank account
- Manage payroll and collections
- Save time AND money
EXAMPLE OF COST SAVINGS
TIME IS MONEY
-Saves labor cost
- Increases employee time management
-Saves on postage
-Saves on producing checks
If your average cost of producing and mailing a check is $4.00, by converting checks to ACH, this will be a direct cost savings as ACHs processed via Cash Management have a maximum cost of $0.20 each. 40 checks x $3.80 cost savings= $152.00 monthly savings
SUPPORT OPTIONS
Support options are available to provide an additional level of benefit for your business.
- OPTION ONE (INCLUDED)
- TCB Staff are available to handle basic support cases regarding cash management (less than 30 minutes)
- OPTION TWO (ADDITIONAL COSTS)
- TCB Staff are available to handle support cases that require more than 30 minutes or will respond to your location within one business day if you need assistance. Please note, you will be billed for travel time and time spent on site to resolve any issues that may arise. Additional fees apply.
Remote Deposit Capture
Deposit checks strait from your office! Although we would love to see you in our branches, we understand the importance of convenience for your business and we are here to help! We make banking LOCAL easy!
WHAT IS REMOTE DEPOSIT CAPTURE?
- Increases convenience for your business
- Unlimited deposits
- Ability to deposit checks 24 hours a day
- Ability to utilize at any of your multiple locations, if a scanner is installed.
- Credit deposits quicker than making a trip to a branch
Scanner leasing and/or purchasing options are available.