Stay on top of your business' check flow.
Keeping track of checks is a critical part of managing your business accounts and protecting against fraud. But sometimes it ends up being more difficult and time-consuming than expected. These easy-to-use services can help.
Manage business’ check payments strategically
If you want better control over your business account balances, there’s Controlled Disbursement from SunTrust. Not only will you receive early, same-day reporting on all the checks you’ve written that have been presented for payment, but you’ll also have the flexibility to keep excess business funds invested in other interest-bearing accounts longer. Since you’re able to set up same-day funding through wire transfers or automatic transfers from other accounts, you can keep earning interest on your money until the moment you need it. And with such a thorough view of your out-going check traffic, you’ll be able to make sure you’re keeping the right amount of cash in your accounts to avoid overdrafts.
Keep your bank accounts in check
When it comes to identifying errors in your checking account, the quicker, the better. That’s why our Account Reconciliation service helps you check and balance your accounts each day. With it you’ll save time and improve accuracy, while also being able to free up your staff for other tasks. Depending on your check volume, you can choose full or partial automated reconciliation. Either way, you’ll be able to minimize the risk of loss quickly and accurately.
Check out our Imaging Services for another great way to manage check flow and other business transactions.