From the bank administration side, all you have to do is designate a user as commercial and you can enable cash management for a new or existing business customer. And you decide what services you want to offer at a bankwide level. You can also enable or restrict certain services for an individual account.

Cash Management from Metavante Banking Solutions offers your business customers the ability to easily view a snapshot of their account including their current balance, available balance, pending cash management transactions, and the current day’s memo posted transactions.

Your business customers can easily request wire transfers through Metavante Banking Solution’s Cash Management system. This saves them time and it is easier for them to track their requests as they are all in an online repository.

Businesses can build payroll files online or import existing files into Cash Management to be processed by your institution. Payroll files can be setup as one time payments or recurring with varying frequency.

Cash Concentration and Disbursement can be conducted through Cash Management. This easily enables your business customers to move money from one bank to another.

The ability for business customers to generate ACH Payment and ACH Receipt files is also available with Cash Management. This allows them to easily make their mortgage payments or collect monthly membership dues from one of their customers.

If you elect to provide coin and currency for your merchant accounts, these orders can be placed through Cash Management.

Businesses utilizing Cash Management have the ability to set various user parameters on their end of the cash management system. For example, they can set up dual control where one person initiates the transaction and a second person must approve it before it can be processed.

Cash Management is a must have for today’s business account. Make sure you are offering your customers the best banking tools by implementing Cash Management from Metavante Banking Solutions today.