Cash Management Product Suite
Our sophisticated cash management suite offers your business the capital management solutions it needs.
Have questions? Our experts are available to discuss your needs and work with you to come up with custom solutions for your business.
Payables Management (Disbursements)
Maximize investment income through an automated daily sweeping of funds into disbursement accounts as needed to cover presentments.
Zero Balance Account (ZBA)
Easily control disbursement of funding multiple accounts from a single source
- Allows you to maximize investment opportunities (increase interest income) by pooling funds
Positive Pay (Fraud Prevention)
Minimize check fraud by comparing checks listed for payment with those that are issued. Any items that do not match or appear to be fraudulent will be marked and referred to you to decide on whether the item should be paid or returned.
ACH Positve Pay
Choose from our full or partial account reconciliation options for reporting to effectively reconcile your bank accounts.
- Full Reconciliation –generate reports through online banking of outstanding checks
- Partial Reconciliation – clients generate reports of paid checks by serial number order
- Originate ACH (Automated Clearing House) credits/payments within a file or individually through online banking
Electronic Data Intercahnge (EDI)
- Electronic Data Interchange (EDI) allows you to receive additional transaction & non-transaction (such as invoice figures, gross & net invoice amounts) based information & data
Treasury Direct (Online Wire Transfer Origination)
Clients initiate domestic and international (in US dollars) wire transfers within online banking
- Allows you to customize user authorization levels (input vs. approval)
- Templates may be created for recurring or repetitive wire transfers
Receivables Management (Collection of Funds)
Remote Deposit Capture
- Scan/deposit checks electronically 24/7. Checks deposited by 5:00pm on any business day are fully available the next business day
- Our system produces a virtual deposit ticket along with images of front & back of each check deposited, as well summary deposit reports which can be printed and/or stored electronically
- Reports available in CSV and PDF files formats and data is retrievable for up to 45 calendar days
Mobile Deposit Capture
- Scan checks for deposit using any mobile device that can maintain the ConnectOne Mobile App
- $50,000 limit for each check deposited, no daily limit on amount that can be deposited
- 5:00pm cut-off for business day
- Next day availability on all check deposits
Take back your time with our Lockbox service! This service allows for the receipt and processing of payments for both check and electronic payments for clients who receive large volumes of payments such as property managers and medical practices.
- PO Box established to receive check payments
- Credit card and e-check (ACH) payments made via custom website created just for you
Initiate ACH debits (files or single transactions) such as monthly dues, premiums, rent payments or cash concentration transactions (client accounts at other banks) to collect funds.
We provide business clients with the capability to accept credit and debit cards for the payment of goods sold or services rendered, whether cards are presented in person or online.