Collect and manage receivables more efficiently.
Handling paper payments is clostly, time-consuming and labor-intensive. Our electronic account receivable solutions can provide you the tools you need to collect and manage receivables more efficiently.
Electronic receivable solutions are faster, more convenient and less expensive for you and your customers than manually processing checks or wires. No matter the size of your business, our corporate online banking options can provide you with quicker funds' access, streamlined processes and reduced fraud risk.
Features:
- Collect payments with pre-authorized ACH debit.
- Receive funds faster by using ACH to transmit funds electronically from your customers' accounts to your business account.
- Originate Same Day ACH files to collect funds from customers on the same business day.
- Improve cash flow forecasting with more predictable payments.
- Eliminate costs of manual processing and reduce bank fees from paper checks and wires.
- Identify problem accounts faster and accelerate collection time.
Ready to learn more? Please email the Business Services Team
at businessservices@mortonbank.com or call 309-284-1293.