Newsletter/Treasury Management Works for Your Business
Treasury Management Works for Your Business
By Tyler Sisneros | Senior Vice President, Treasury Management
Working capital is the blood that flows through a business’s veins. What if you could optimize working capital to increase your blood supply, automate processes to create increased efficiencies, and also reduce your exposure to fraud and other risks?
What if your bank delivered industry specific insights, not just products, to proactively support your ever-evolving cash management needs? Then you’d want Century Bank’s team of experienced Treasury Management professionals on your side, with our technologies and industry specific insights.
Large commercial organizations have always had intricate banking needs. Those needs are evolving at breakneck speeds. Automating processes (AR, AP and bank-to-book reconciliation workflows) as much as possible is vital. Optimizing these workflows enables you to leverage your cash flow for investment back into the business and the community.
Also vital is someone to help you evaluate and implement secure systems to protect your business from falling victim to ransomware, phishing attacks and other types of fraud. These are all a part of our conservative (we are bankers, after all) approach to managing costs and preserving your existing capital.
Together we can improve processes and introduce innovations that will drive measurable results, putting you well ahead of your peers and competitors. Our recent commercial digital transformation gives you access to advanced solutions, like full receivables and payables automation, electronic bill payment and presentment, and commercial credit cards. The right mix of consultative insight and solutions will release additional working capital into your organization.
So let’s get started! When you’re ready to increase your returns on your technology investments, reduce manual data entry, improve internal processes to mitigate risk, and leverage automation to reduce disbursement and collection costs, we’re ready to serve as your trusted advisor.