Cash Management

With our cash management and Internet banking solutions, you can reduce the administrative time and cost associated with the internal management of your cash, and allow yourself to focus on managing your business.

How can Cash Management work for your company?

• Review and Evaluation
  Our Cash Management Specialists works with you to analyze your current cash management systems and procedures. We'll uncover specific strengths and weaknesses and opportunities to save your company time and money.
• Cost Benefit Analysis
  Based on your company's needs, we can help you examine alternative cash management services and systems.
• Recommendations
  Based on our analysis and discussions with you, we can formulate specific recommendations to optimize your company's cash flow.
• Implementation
  We'll provide complete support in the implementation of your new cash management program and train your staff at your site.
• Support
  We're available to provide ongoing support whenever you need it to make sure your cash management system is operating at peak efficiency at all times.

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What are Cash Management Services?

Cash is one of your company's most important assets. It should be used efficiently and operate at peak performance at every point in your company's cash flow process. The skillful management of cash is crucial to your company's growth and financial strength.

• Disbursement Services - help you manage and control your accounts payable, saving you time and money and keeping more cash available for use. Reducing the costs and processing disbursements and to pay bills on time, but not before they are due.
• Information Service - gives you fast and convenient ways to get the information you need about your account balances and activity. These information services not only reduce your administrative time, they also enhance your decision-making abilities.
• Investment Services - enable you to earn maximum returns on your account balances and surplus cash, allowing you to keep these funds invested every day.
• Collection Service - Accelerate the collection of your accounts receivable and concentrate these funds into accounts where you can put the money to work.

Click here for a list of all the services available with Cash Management Services.

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What can Cash Management do for your company?

We'll personally help you maximize your company's available cash. With our help, cash will flow into your company faster. Most cash will stay in your company where you can put it to profitable use. You'll have better, up-to-date information about your account balances and activity so you will be able to make more informed management decisions.

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Getting Started

Take advantage of a variety of opportunities to save time, money, and make a positive impact on your company's bottom line Contact Us, Maura Kelly mkelly@berkshirebank.com or Charlotte DiPaola cdipaola@berkshirebank.com today.

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