Cash Management solutions simplify business processes and efficiencies so your time and energy can be focused on helping your business grow.
Cash Management tools allow work to be done in real time, creating a digital record to track all activity while eliminating unnecessary and outdated manual systems and paperwork. Businesses benefit from modern money and payment management tools and gain convenience when receiving incoming payments.
Some benefits include convenient access to your company’s balances and transactions at any time, the ease of paying vendor invoices or state and federal taxes electronically, and easily sweeping money into higher yielding accounts.
Plus, enhanced Fraud Protection tools give customers added flexibility and convenience to automate tasks with an extra layer of security to safeguard your business.
Our new Digital Business Banking Platform will deliver a first-class user experience and allow you to do more in less time. Your customized experience will give you more control of your business’s financial tools, from wires to ACH and fraud prevention.
Why should I consider Mascoma Bank Cash Management Services?
Business Online Banking Access
- 24/7 access to real-time banking information. Assign an administrator to manage and control your company’s accounts through our cash management online banking.
Domestic and Foreign Wires to send funds securely to financial institutions
- Transfer funds securely in or out of the country to send payments.
Remote Deposit Capture
- Process incoming deposits from the convenience of your business office.
Automated Clearing House (ACH) Transaction
- This is the industry standard for many types of transactions. Use ACH transactions to pay employees, taxes, monthly dues, rental income, and invoices. You can set up recurring payments or use ACH transactions for accepting payments.
Bill Pay
- Send money directly to other businesses/individuals through our online platform. Physical checks are issued if the recipient cannot accept payment electronically.
ACH Debit Blocker
- Block any unauthorized ACH debits attempting to be pulled out of your account, reducing the risk of fraud.
Positive Pay
- Reduce the risk of fraudulent check activity.