As a business owner, you face multiple challenges in the day-to-day running of your business. Money management doesn’t have to be one of them. Digital banking can simplify the financial management process and make banking easier. In three simple words, it is easy, quick and secure. Digital banking allows you to be more efficient and productive so you have the freedom to focus on other important aspects of your business.
The Ease of Digital Banking
Gone are the days when visiting a bank branch was the only way to manage your finances. Digital banking solutions are designed to offer you flexibility to manage your money. One of the greatest benefits is that you bank whenever is convenient for you. Digital banking capabilities makes it simple to pay monthly bills, along with payroll and other routine expenses, electronically. It’s also an easy way to track all of your expenses…with everything in one convenient place, you can see a more complete picture of your financial situation.
The Speed of Digital Banking
Digital banking offers you the ability to monitor your accounts anytime, anywhere and from any device with an Internet connection. Need to move some money around, but the bank is closed? That’s not a problem with digital banking! Money can be transferred from one account to another quickly. Need to verify recent transactions? You might think you still need to call the bank, but that’s no longer necessary. You can verify transactions whenever needed. Need to make a wire transfer? It’s easy to do securely and conveniently from any computer or mobile device.
Lakeland Bank’s Treasury Management Solutions
At Lakeland Bank, we offer a range of cash management solutions for your business. Our eTreasury Commercial online banking platform is designed for large businesses with complex needs. This comprehensive online banking solution lets you view balances and transactions, perform internal account transfers, receive account alerts, and remotely manage your finances anywhere, anytime. Just a few of the more advanced features include Remote Deposit Capture and Positive Pay as well as various authorization levels, flexible file mapping, and customizable information reporting. For your convenience, you can also utilize single sign-on with other key treasury management applications so you don't have to worry about remembering a large number of different usernames and passwords.
View our eTreasury Commercial tutorial video to learn more.
Our eTreasury Business online banking platform is intended for smaller organizations. It lets you securely check account balances, review transactions and even view check images. You can also use this to receive electronic bills and statements, and export all of your information into Quicken or QuickBooks. This platform gives you the option to authorize individuals for different levels of access, which is perfect if you want ensure that your accountant or other financial advisors always have a complete picture regarding what is going on in your business.
View our eTreasury Commercial tutorial video to learn more.
Already enrolled in eTreasury? Both of these platforms can be accessed through Lakeland Bank’s eTreasury Mobile Banking App. Download our eTreasury app today:
The Secure Nature of Digital Banking
Finally, one of the most important benefits that digital banking provides can be summed up in a single word: security.
Concern over the safety of your sensitive financial information, not to mention worries about viruses and web scamming, are entirely legitimate. However, having the proper measures in place such as updated security protocols and anti-virus software will go a long way to help mitigate the threats.
For more information about guarding your business against ID theft, visit our Identify Theft Center or Privacy & Cybersecurity blog section.
A lot can be gained from using digital banking, especially time. Lakeland Bank has crafted an array of digital banking solutions that are tailor made for the needs of businesses like yours. A full spectrum of videos and tutorials can guide you step-by-step. If you prefer to speak with a Business Banking Officer about which solution is best for your business, our Business Banking Team is a call away and ready to help you. Start using digital banking today and have more time to focus on running your business!
Tip: Check out “Services to Help Manage Cash Flow During Covid-19”
