Treasury Management Services

Wire Transfers

Send secure funds in large dollar amounts.

Positive Pay

Detect check and ACH fraud before it happens.

RDC

Deposit paper checks directly from your office with Remote Deposit Capture.

Merchant Card Processing

Accept debit and credit card payments with no long-term contracts.

Integrated Payables

Automate and streamline the accounts payable process.

Lockbox

Process a large volume of incoming checks.

Business Credit Cards

Find the best card for your business needs.

Contact our Treasury Management advisors to discover how these solutions enhance the organization of your company finances.

Amber Baird

Senior Treasury Management Advisor

651.242.5711

Jessica Mixdorf

Senior Treasury Management Advisor

507.353.7425

treasurymanagement@frandsenbank.com

An Integrated Payables solution is essentially a one-stop solution with a platform that facilitates multiple forms of B2B supplier payments, including ACH electronic transfer, wire transfer, paper checks and Virtual Cards. Our Integrated Payables provider receives a single instruction file from your company with the list of suppliers that need to be paid, and its activation team contacts each one to arrange the optimal payment method for that supplier.

This means each supplier has the choice and flexibility to be paid in a way that meets its needs, but your company doesn’t need to spend its valuable resources negotiating these terms and integrating all the various payment technologies. Furthermore, our solution is ERP agnostic.

Adding our Integrated Payables solution to your company’s payables process saves time and money, reduces errors, maximizes fraud protection, keeps suppliers happy, and drives rebates back to your company.

Our lockbox solution provides a secure and efficient way to handle payments, especially when dealing with a large volume of checks. Payments are processed more quickly as they are sent directly to a lockbox, which improves cash flow. A lockbox offers a secure method of handling checks and sensitive documents, which reduces the risk of theft and fraud. By outsourcing the payment collection process, businesses can save valuable time on manual check payment processing, posting, and depositing. In short, lockboxes streamline payment operations and help businesses manage their accounts receivable more efficiently.

Treasury Management services provides tools to monitor and manage cash flow, including real-time reporting, forecasting, and analytics. This enables businesses to identify trends, anticipate cash needs, and optimize their use of cash resources.

Treasury Management services benefit businesses of all sizes, from startups to large corporations–essentially any organization that handles cash transactions and wants to improve financial-management practices.

Yes, Treasury Management services employ encryption, authentication, fraud detection, and other security measures to protect sensitive financial information and ensure secure transactions.

Many services are designed to integrate with existing accounting software and financial systems. Our Treasury Management team can discuss compatibility and ensure a seamless integration with your current business practices.

Contact your local Frandsen business banker to discuss your specific needs and explore the available services, or reach out directly to a Treasury Management specialist. They can help you get started and answer any questions you may have.

The cost varies based on which services you use and the complexity of your business needs. Talk with your business banker to learn more.

Enhance Cash Flow. Mitigate Risk. Improve Efficiency.

Frandsen Bank & Trust Treasury Management Services are designed to help businesses of all sizes manage their finances.