Cash Management
Unlock the power of strategic cash management for optimized cash flow & maximum efficiency
Managing business finances effectively requires more than a bank account—it demands a strategic approach to cash flow, payments, and liquidity. Evolve Bank & Trust delivers comprehensive cash management services designed to help businesses optimize working capital, streamline transactions, and safeguard financial assets. Our suite of digital and automated solutions provides tools to manage funds securely and process payments efficiently.
Evolve Bank & Trust is committed to offering world-class cash management solutions.
A well-structured cash management strategy is the foundation of any company’s financial stability. Evolve offers strong cash management services that ensure businesses have the liquidity needed to cover expenses, invest in growth, and mitigate risks. With Evolve’s advanced solutions, businesses can:
- Maintain optimal working capital to support daily operations.
- Improve cash flow visibility with real-time transaction tracking.
- Reduce payment delays and optimize receivables.
- Strengthen financial security with automated fraud prevention tools.
Key Cash Management Services
Optimize your company’s cash flow with Evolve Bank & Trust’s money management solutions customized for any size business.
Open banking relies on technology such as APIs, which enable one service provider’s software to speak to another. In most cases, this means securely communicating information from banks to the third party fintech company whose app is used by end users to manage finances and make payments. Sophisticated technology is essential for third parties to share the necessary information to the bank from their company.
Faster payment processing, plus reduced manual handling—Lockbox services streamline accounts receivable management by directing customer payments to a secure bank-operated lockbox, where Evolve processes and deposits them promptly minimizing handling.
Simplify electronic payments with ACH services. Our ACH solutions enable secure, cost-effective transactions for payroll, vendor payments, and recurring bill payments. Reduce reliance on paper checks and benefit from faster, automated fund transfers.
Benefits of Cash Management Services
Evolve Bank & Trust’s cash management solutions empower businesses with greater financial agility. Key benefits include:
- Accelerated funds availability
- Reduced manual processing
- Stronger fraud prevention
- Enhanced working capital liquidity.
- Seamless integration with ERP systems.
- Automated disbursements
- Secure electronic payments
- Improved cash forecasting in real-time
- Lower transaction costs
- Flexible sweep accounts
- Automated reconciliation tools
- 24/7 remote access
- Customizable reporting
- Faster lockbox check processing
- Regulatory compliance supported
Our Automated Services
Evolve Bank & Trust leverages tech-forward automation systems that make managing your payments and obligations seamless. From employee payroll to bulk payment processing, we streamline your processes.
Automate payroll distribution with direct deposit for savings and efficiency.
- Effortless employee payments
- Reduce costs
- Improve payroll efficiency
Electronic Federal Tax Payment System transactions.
- Simplify tax payments
- Meet IRS deadlines
- Comply with EFTPS
Our NACHA file import feature simplifies bulk payment processing.
- Streamlined ACH transactions
- Making ACH transactions
- Faster and more efficient
What Is Cash Management and how will it help my business?
Cash management encompasses strategies and solutions that businesses use to manage cash flow, optimize liquidity, and efficiently process financial transactions. At Evolve Bank & Trust, we are committed to providing the latest in cash management processes to keep your business cash flow running smoothly.
Cash Handling Technologies
Today’s cash handling solutions include advanced technologies for initiating and deploying secure file transfers, account sweeps, and merchant settlement services which optimize overall financial management.
Evolve is proud to be a member of Mastercard and VISA, as well as the FDIC.
MasterCard® is a registered trademark of MasterCard International Incorporated. Visa® and Visa Signature® are registered trademarks of Visa International Service Association and used under license.
Talk to an Evolve Business Specialist.
To find out more about how we can support your business and meet end users’ needs at Evolve Open Banking, contact us today.