Online Business Banking Benefits
Set up your business internet banking to save yourself time and money
The advent of online business banking has made money management less of a hassle for individuals and businesses. When you enroll in online business banking, you can easily monitor your accounts, transfer funds between accounts and banks, pay bills and more. If you're currently relying on your accounting manager or controller to manage your business' banking in person, learn more about the easy setup and benefits of business internet banking.
Grant access to the right people in your organization
Having to rely on your staff to report on financials may sometimes get in the way of your business decisions. With access to your business bank accounts online, you can review account information no matter where you are or what time it is. Of course, you may not be the only person who needs access to the account. Online banking will allow you to assign different security levels for several users so that members of your accounting department can access relevant information.
Never miss a step with alerts
Overdrawing your business account or failing to pay a bill on time can not only result in fees but also blemishes on your business' credit record, particularly if it becomes a pattern. Managing your business bank accounts online will help you stay on top of your financial obligations by alerting you when due dates are imminent.
Be confident in security
Sending an employee to the bank with an envelope of checks was never as secure as you would've liked. With online business banking and remote deposit capture, you don't have to take that risk anymore. You can actually scan checks right in your office and deposit them into your account via a secure internet connection. It will save you the trip to the bank and get the funds into your account quickly.
In addition to secure deposits, all other transactions online are protected by a firewall and encryption technology to ensure your business' information and financial data remain secure.
More great business internet banking features
By choosing to bank online, you'll actually be able to save paper and space in your office. Since you can access statements, account history and images of posted checks, you'll have less need to fill filing cabinets full of documents. And, you can always request historical data - up to seven years' worth - so you can be confident your record-keeping is intact.
If you'd like to keep your account information local, you can download it directly into your preferred money management software, like Quicken or Microsoft Money. This will give you the ability to crunch the numbers as you need. But, you'll save time by directly importing all relevant information into these programs rather than having someone manually update them.
Sign up for online business banking with Citizens Bank
Use online banking to your business' advantage. It can save you time and potentially even some money as you'll be able to stay on top of your finances with helpful alerts and 24/7 online access. You can enroll in online banking in just a few minutes. If you have more questions about online banking or signing up for it, reach out to a helpful customer service representative at 1-877-229-6428.