Cash flow is important to the health of any organization. Knowing what your cash position is and how to optimize its use should be one of your organization's priorities. A good cash management system gives you the ability to convert remittances quickly into working cash and maximizes the investment opportunities of your cash assets.

Every organization has four major cash flows. They are:

• Cash Outflows: In essence, the disbursement of cash to your vendors, employees, lenders, etc.
  
• Internal Transfers: The transfer of funds between accounts at one or more financial institution.
  
• Cash and Near Cash Storage: These are your business's liquid reserves. This cash position can be used to earn investment income or to pay down debt.
  
• Cash Inflows: Cash inflows consist of cash collected from customers or other sources such as investments or borrowings.

If you are not getting the most out of these cash flows, your bottom line is being negatively affected.

Services

Our services include:

• Collections: We can streamline the collection of your receivables so that you get faster access to your working capital. We also offer collection services to help you collect payments in a cost effective and efficient manner.

• Disbursements: Inaccurate cash flow forecasts or loss of investment opportunity can be costly in loss of interest earnings on uninvested excess cash. Our disbursement services give your organization maximum control over cash and also reduce the labor involved in calculating daily cash needs.

• Cash concentration: If your organization operates and maintains bank accounts in several locations, it is important to move your money quickly and efficiently into your central account. We can offer services that efficiently speed funds between outlying accounts and your organization's concentration account.

• Depository: You need to be able to track your checking activity without having to labor over complicated account statements. We offer an account statement that is simple to read.

• Payroll: Our payroll services can reduce the time your employee spends signing, processing and collating payroll checks.

• Investment: We offer short-term investments to allow your organization to make the most of its cash reserves. We will work with you to review the various investment choices and choose the one that best meets your needs. Our experience assures that all your organization's needs will be handled professionally.

• Electronic Banking: We can help your organization make electronic funds transfers (EFT) which permit you to initiate money transfers electronically between financial institutions quickly and cost-effectively.

• Information and Control: The ability to access detailed and timely information on your organization's finances helps you to manage your cash more effectively and gives you a significant advantage. Having an effective control system produces maximum benefits from idle cash balances. Our information and control system gives your organization timely data on deposits, account balances, disbursements, wire transfers, loans, investments and depository transfers.

Benefits of Using our Cash Management Services

With our cash management services, your organization will:

• Gain tighter control over cash flow.
• Increase profitability due to faster receipt of funds, permitting you to do more with your money.
• Realize cost savings through efficient use of your staff and resources.
• Enhance efficiency through access to up-to-date and accurate data.
• Have an audit trail of all cash-related activities.
• Enjoy reduced mail and float processing time.
• Experience fewer problems caused by uncollected funds and returned items.
• Benefit from our investment management expertise.

If you want to know more about our cash management accounts, we would be happy to work with you.