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Running a business is no easy task – as a business owner, you understand the challenges of managing your company’s finances. Find out more about how you can thrive through the support of your local bank. 

What is Treasury Management? 

Simply put, treasury management is the all-encompassing term for several strategies that help businesses ensure they always have access to the cash they need to run their day-to-day. More specifically, treasury management is designed to optimize liquidity and identify and manage potential financial, operational, and reputational risks. 

While it's possible to perform these tasks internally, they're time-consuming. They may require adding resources like finance software and staff. Working with a dedicated business banking partner who understands your business can help take the load off while providing guidance and insights to empower your future decision-making.

What are the benefits of Treasury Management?

Improve Your Business Cash Flow 

Pathfinder Bank offers several different ingoing and outgoing payment services to help with cash flow management and accelerate the movement of funds. 

Our Automated Clearing House (ACH) services through business digital banking provide reliable, efficient electronic payment processing—so you can move money between accounts, pay a vendor or even initiate direct deposit payroll for employees. 

Fewer customers carry cash, so accepting card payments can help increase sales by providing your customers with easy and convenient ways to pay. Our merchant services system allows businesses to accept all major credit and debit cards, providing customers with more ways to pay, whether it’s in-store, online, or mobile.

Run Your Business More Efficiently

Business doesn’t always fit between 8:00 AM to 5:00 PM. Services like remote deposit capture can help save you time – quickly scan checks from your desk and deposit them automatically — no branch visits necessary.

Save even more time by using our secure business digital banking tools. With 24/7 access to your accounts, online and mobile banking helps you automate manual processes and get a more accurate view of your business financials. From your home or office, quickly submit one-time payments to vendors or set up automatic payments for recurring expenses, and even export data to accounting or spreadsheet software. 

Reduce Financial Risk

Did you know that check fraud is still the most common type of all bank fraud? It may be difficult to tell if a check has been altered, counterfeited, or unauthorized. Positive Pay is an available service that helps your business detect potentially fraudulent transactions, reducing the risk of financial loss and safeguarding the reputation of your business.

Schedule a conversation with our Treasury Management team!  

We take the time to understand your business needs before developing treasury solutions that best meet your goals. Discover all the ways we can help you enhance your business! Call or Request More Info on Treasury Services today!

There may be fees associated with the products and services listed in this blog post. Please contact [email protected] or call 315-532-6398 for more information.