Running a business is no small task, and managing finances can often feel overwhelming. Outdated, time-consuming practices pull you away from other aspects of your business. Whether you’re a startup, a mid-sized company, or a large corporation, having a trusted banking partner can make a significant difference. That’s where CNB’s Treasury Management Services can help.
Also known as cash management, treasury management goes beyond handling cash flow – it helps enhance security, improve efficiencies, and optimize operations.
With CNB by your side, you can focus on growing your business while we help you manage your finances with ease.
At CNB, Alicia Vaulx, Treasury Management & Business Development Officer, has helped hundreds of businesses across various industries streamline their financial operations. “I enjoy working with clients on all aspects of financial management.” Alicia says. With experience at JP Morgan and Bank of America she brings broad industry expertise to benefit CNB clients.
What are Bank Treasury Services?
Simply put, treasury management helps businesses manage money more efficiently. At CNB, our experienced team works closely with business owners and financial managers to optimize cash flow, liquidity, and risk management.
Alicia partners with businesses of all sizes, from small, family-owned shops and car dealerships to health care entities and professional organizations such as manufacturers, law firms, and software companies.
“The biggest misconception is that businesses think that they don’t qualify for our services,” Alicia says. “Business owners don’t have to do this alone. We can save them time and possibly money with annual account reviews.”
Enhance Efficiency with Modern Payment Solutions
A common question business owners ask Alicia is how to modernize their financial practices and increase efficiency.
“They want to know how they can improve,” Alicia says. “I help them create a customized plan to improve efficiency, so they can focus on running their business.”
Payment and Cash Flow Solutions
CNB’s Treasury Management Services offer a wide range of solutions to help businesses improve cash flow and streamline operations
ACH Payments
ACH payments offer secure and automated vendor and employee payments, as well as controlled payment processing with scheduled transactions.
Desktop Teller
With this feature, you can deposit multiple checks with no need to make copies or visit a CNB branch. You can better time your deposits so you’re in control of your cash flow.
Mobile Deposits
Still driving to the bank to deposit checks? Learn more about mobile deposits – they’re easy and safe to do – and save you time and gas.
Lockbox
Tired of manually depositing checks? Lockbox decreases the time it takes for a customer payment to get to your account. Payments are mailed to a designated P.O. box, where CNB deposits them directly into your account.
Multiple Payment Methods
Accept all major credit card payments through CNB Merchant Service partnership with Fiserv.
Increase Efficiency & Streamline Processes
Efficiency isn’t just about saving time – it’s also about improving relationships with vendors and customers. Faster payments means stronger partnerships and better financial stability. Additional services include:
Online Wire Transfers
Do you have an urgent payment that must be processed immediately? Online wire transfers can send domestic and international payments quickly and securely, which is ideal for time-sensitive or high-value transactions.
Business Credit Cards
CNB has partnered with cRewards® for the tightest security on your card. Plus, you’ll earn rewards for using the card!
Prevent Fraud & Keep Your Business Secure
Fraud prevention is more important than ever, and CNB’s fraud protection service, called Positive Pay, helps safeguard your business. Positive Pay monitors check and ACH transactions for suspicious activity, and gives you control over unauthorized debits before they impact your account.
Positive Pay, Alicia says, is the number one underused product. “Fraud is inevitable. We can’t always control where or when it happens, but we can help clients be proactive and mitigate risk.”
Automate & Control Your Cash Flow
Sweep Services help businesses optimize cash flow by automatically transferring funds based on pre-set limits. Whether you have a line of credit, want to cover transactions with a central account, leverage interest earnings with repurchase agreements, or deposit into money market or Certificates of Deposits, CNB’s “sweep” services provide automation with control.
“Sweep services are an excellent way to maximize liquidity and optimize cash flow,” Alicia says.
Get Help From The Experts
The right solutions can make all the difference in running an efficient, profitable business.
What’s the number one piece of advice Alicia gives to business owners? “Be open-minded about new ideas to improve your business,” Alicia says. “Outdated practices or continuing to do something just because that’s the way it’s always been done, can take extra time and resources.”
Alicia works one-on-one with clients to understand their business and match treasury management solutions to their problems. She also provides product training to ease the transition. With the right information, she can provide recommendations to you in just a few days.
An initial consultation is free, so save time researching solutions – just call Alicia and set up an appointment to discuss the unique needs of your company.