Cash Management Services

 

Change Is Difficult

 

We know that changing your commercial banking relationship can be difficult, but we are here to help.  At Alliance Bank Central Texas, we strive to remove the obstacles that make this a challenging process.  Our Cash Management suite of products, detailed below, bring leading edge technology to your back-office; however, the key difference in our offering is the dedicated team of professionals that will assist you during the transition.

Alliance Bank Central Texas’ Cash Management (CM) product is a secure Internet based suite of products designed for security, efficiency and ease of use.

RECEIVABLES MANAGEMENT

Managing receivables through CM reduces the float on collected payments which increases your cash flow.  Using a combination of Automated Clearing House (ACH) and Wire Transfers as remittance options, as well as, Remote Deposit Capture (RDC) for checks received, CM will reduce back-office burden and add efficiency to accounts receivable processing.

PAYABLES MANAGEMENT

Expenses associated with paying vendors with paper checks continue to increase due to personnel and processing costs.  Using CM can eliminate most, if not all, paper checks through a combination of ACH and Wire Transfer payments.  Electronic payments are secure, convenient and timely.

INFORMATION MANAGEMENT

The CM products includes Positive Pay and Account Reconciliation for information management and fraud prevention.   Positive Pay for both ACH and checks reduces account fraud by providing information for review on items presented for payment.   Upon review, the client makes the “pay or return” decision prior to item processing.   At month-end, the client can quickly reconcile all accounts by using the built in reconciliation module.

LIQUIDITY MANAGEMENT / CASH CONCENTRATION

CM provides access to all your Alliance Bank Central Texas accounts via a secure Internet connection.  With our “at a glance” summary of account balances, you can manage account balances with intra-day transfers.  In addition, we can offer nightly “sweeps” between accounts to manage balances and reduce expenses.  Through ACH Origination capabilities, you can transfer funds at other banks into your primary account with our bank for cash concentration purposes.

ACCOUNT SERVICES

Alliance Bank Central Texas has additional services to enhance your CM experience and lower your overall administrative costs, including:

               

• Payroll Processing and Employee Accounts using our “Go Green Campaign”
• Corporate Credit Cards with transaction export features.
• Merchant Processing with a full suite of payment platforms.

OUR COMMITTMENT

We know that change is difficult, so we have resources to assist moving your commercial banking relationship to Alliance Bank Central Texas.

• Review – We have a team of professional bankers that will review your current processes and match those to our products and services.  At your option, this can be an on-site process where our teams work side by side.
• Implementation – Our team will come on-site during the conversation process to ensure a seamless transition to our products and services.  From system access to file processing, we will guide your team through the CM process.
• Support – We will ensure that you have a dedicated employee assigned to your account for on-going support.  Should any issues arise, you will have a direct line for support.