One of the most fundamental parts of your business is making money. To accomplish this, it’s important to make receiving money easy for you, your customers and vendors. Let’s talk about 3 tools to add to your business this year to make managing your money easier. 

• Automated Clearing House, or ACH, allows you to make electronic payment disbursements. This eliminates the need to manually process and reconcile paper checks. With ACH you can collect payments electronically, receive funds from suppliers or other customers for products and services rendered, rent, dues, membership fees and more. ACH is also a great option for paying vendors or employees via direct deposit to ensure all payments are made on time. 

• Finding time to run by the bank every day to deposit checks can be a hassle so eliminate the inconvenience with Remote Deposit Capture. Remote Deposit Capture allows you to scan checks and deposit them electronically from your office. You can also export all check data into your financial management software, making it even easier to keep up with your business financials. 

• One way to increase customer satisfaction is by offering the ability for customers to pay with cards through Merchant Services. Your business can accept credit and debit card payments using Point of Sale (POS) terminals to make transactions easy for your customers and your employees. Your business also has the option of mobile POS terminals to make events outside of your brick and mortar seamless. Plus, an added perk of having a POS system is it offers additional ways for customers to interact with your business by offering gift cards and loyalty programs.

Increase efficiency within your business and offer the best customer service with improved collection solutions. Mid America Bank offers these and more collection solutions to help your business. Our Treasury Management team at Mid America Bank will be with you during implementation and beyond with excellent customer service to support you along the way. If you’re ready to make improvements within your business, or see what other tools we have to offer, give me a call! I’d love to work with you and our Treasury Management team to find tools and financing that fits your business needs.

Brad Roling is the Columbia Market President for Mid America Bank. Brad has more than 10 years of banking experience that he uses to help businesses in and around Columbia thrive. When he is not helping your business with its financial needs, Brad is serving the community in a variety of capacities. He is proud to serve on the Ronald McDonald House Mid-Missouri Board of Directors as Treasurer, the Columbia Chamber Foundation Board, and Beta Theta Pi Advisory Board. Brad is a proud Mizzou grad and loves cheering on the Tigers!

573-615-2343 | midambk.com