NexTier’s Cash Management products are intended to help cut your expenses, increase income, save time and help you achieve your business goals. We offer:
• a complete line of products and services for small to medium sized businesses
• specialized treasury needs for small businesses, municipalities and not-for-profit organizations
We can work as an extension of your finance department to help you obtain the best possible return. To begin any of our cash management services, or to obtain more information, simply contact us at 1.877.932.2262.
ACH Services
NexTier Automatic payments save business customers time and money. Think of all the possibilities, such as managing the billing and collection of routine payments without paper and the elimination of check preparation, storage and retrieval costs. Automatic payment gives you the ability to maintain a greater control over your funds.
Benefits of ACH
- Direct deposit of payroll and expenses
- Pre-authorized payment of dues, subscriptions and fees
- State tax payments
Contact our NexTier Cash Management group for more information at 1.877.932.2262.
Lockbox
NexTier’s lockbox help you manage your cash flow. Your receivables are sent directly to a P.O. Box and your pick up schedule is customizable to meet your needs. Funds are deposited to your account, giving you faster access to your available cash. Deposit report is based on your unique needs and report details can be transmitted the same day.
Contact our NexTier Cash Management group for more information.
Positive Pay
NexTier knows that each time your company issues a check it exposes itself to possible fraudulent checking activity. That’s why we offer Positive Pay.
- Positive Pay matches your check issued file with checks presented for payment for a pay/no-pay decision.
Contact our NexTier Cash Management group for more information.
Account Reconciliation
NexTier automates and streamlines account reconciliation through the delivery of timely data. This reduces administrative time and processing costs, which results in improved management control and information reporting.
Contact our NexTier Cash Management group for more information.
NexTier Cash Manager
NexTier Cash Manager provides comprehensive business banking products and services to customers using a single platform, suitable for businesses of all sizes. Our Cash Manager functionality includes:
•Wires
•Multiple Security Levels
•Real-time host inquiries
•Reporting
•Transfers
•Stop payments
•Bill pay and Quicken and QuickBooks interfaces
We provide these services because we understand that your company needs quick, convenient cash management solutions that are available every hour of every day.
Ccontact our NexTier Cash Management group for more information.
Zero Balance Account
NexTier’s Zero Balance Accounts automatically concentrate daily deposit and disbursement activities from an auxiliary account into a master account. This helps you to achieve maximum use of your business’ funds by eliminating the need to carry a balance in accounts such as payroll.
Sweep Accounts
With a NexTier Sweep Account, excess funds will automatically “sweep” to an investment account of your choosing and remain there until they are needed to cover checks presented against your account. *
Customized Account Structure
Customized accounts are the cornerstone of your banking relationship with NexTier, and we provide many options to suit your individual needs. Here are a few:
- Business Alliance
- Business Alliance Plus
- Business Money Market
- Business Alliance Analysis
- Municipal Accounts
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