Business Banking Services That Can Save You Time and Money

As a business owner, you probably know the old adage all too well: “Time is money”. That’s why it’s important to partner with a financial institution thatBuisness Banking can help you make the most of both.

Technology and the Internet have made it easy to cut back on clutter and time-consuming activities in the workplace, and your bank often has solutions that can help you run a more efficient operation.

Online Banking

Gone are the days of the standard “9 to 5” workday; businesses are in motion around the clock, and it’s important to have access to your financial information wherever you need it, day or night. Online banking is a way for you to manage your company finances from anywhere you can access the Internet, whether you’re away on a business trip or in your own office. Most online banking sites will allow you to pay bills online, which can help cut down on paper invoices, and schedule auto-payments, which again saves you precious time each month.

Remote Deposit Capture

With Remote Deposit Capture, you can electronically deposit checks into your account, thus eliminating the need to leave the workplace during the day. Checks are scanned through a desktop scanner and electronically transmitted to the bank where they are posted to the account. It’s a convenient way to streamline your deposit process and improve your business’s cash flow.

Paperless Statements

Moving your statements online and eliminating paper copies is another way to minimize clutter in your office. Delivered electronically, e-Statements contain all the same information as paper statements and can typically be downloaded into accounting programs like Quickbooks™ or Quicken®. You can create electronic files of your finances that are easy to search through, which can free up space in your office, reduce the amount of waste you produce and save you time.

Mobile Payment Options

If your business requires you to collect payments on the go, mobile point-of-sale applications can make it easy for your customers to pay with a debit or credit card instead of writing a check. These applications have a high level of built-in security that can help save you the time and costs associated with counterfeit cards.

There are many different ways that your financial institution can support your business beyond simply providing you with an account. From payroll services to point of sale solutions, be sure that you are making the most out of your business banking relationship.

Community Bank of the Chesapeake provides a host of accounts, products and services to help you streamline your business operation and save time and money. Stop in to your local branch or visit our website to see how we can help you today!

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