Cash Management Services
NexTier’s Cash Management products can 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're upgrading our internal processing systems for NexTier Cash Manager! These enhancements will launch on Monday, March 15, 2010.
Click on the link below to view demos of the enhanced NexTier Cash Manager and NexTier Online BIll Pay for businesses.
VIEW DEMO OF NEXTIER CASH MANAGER
VIEW DEMO OF NEXTIER ONLINE BILL PAY
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
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 greater control over your funds.
ACH benefits include:
- Direct deposit of payroll and expenses
- Pre-authorized payment of dues, subscriptions
and fees
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.
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
Lockbox
NexTier’s lockbox can 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. A deposit report is based on your unique needs and report details can be transmitted the same day.
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.
NexTier Remote Deposit
Your money can work smarter for you with NexTier Remote Deposit. It is a quick way for businesses to turn check deposits into cash. A desktop scanner connected to a PC and the Internet enables you to scan checks received from customers and issue deposits electronically, around the clock. Your funds, especially those with large dollar amounts, are deposited into your account sooner since electronic deposits typically take two days to process.
NexTier Remote Deposit also offers multiple levels of security. You can consolidate funds from multiple business locations into one bank, reducing check fraud since faster check clearing allows you to act sooner on returned checks. You also will save money and time preparing deposits electronically.
VIEW DEMO OF NEXTIER REMOTE DEPOSIT
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. *
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. |
