Payables Management
At First Community Bank, we offer products and services to make managing payables simple and efficient.
| ACH (Automated Clearing House) | Payroll Services | Tax Payments |
|---|---|---|
| ACH reduces the time you spend handling documents, saves money on printing, reduces costs, and reduces invoice processing. | Simplifying your payroll process can help your business save time and resources, reduce expenses, and minimize risk. | Our tax service enables your business to pay federal tax deposits electronically through ACH. |
| ICS (Insured Cash Sweep) | Positive Pay & Payee Positive Pay | ACH Block |
| A smart way to keep large deposits fully insured by the FDIC. Funds are automatically distributed across multiple banks, allowing you to manage everything through a single account. Enjoy full access, no fees, and competitive interest rates. |
Positive Pay: Helps prevent check fraud by matching issued checks to those presented for payment.
Payee Positive Pay: This feature adds an extra layer of protection by verifying the payee’s name, ensuring only authorized checks are cleared. |
A fraud prevention service that blocks all unauthorized ACH transactions from your account. Only pre-approved transactions are allowed, helping to protect your funds from unauthorized electronic withdrawals. |
ReceIvables Management
A variety of payment methods to meet the needs of your customers, wherever they are.
| Remote Deposit Capture | ACH Collections | Mobile Deposit |
|---|---|---|
| A solution that saves time, increases accuracy and allows you to get your money faster. Utilize a desktop scanner to deposit checks directly into your company’s account. | Allow donors, tenants, or vendors to authorize a bank to bank transfer directly to your account. | Use FCB Mobile App to deposit a check directly into your account. |
| Merchant Services | Invoicing | Payment/Donation Form |
| Give your customers the payment convenience they expect when they walk through your door with Merchant Services. We’ll help you get set up and be with you every step of the way. | A robust tool to manage the invoicing process. Track invoices and payments made, upload an unlimited number of customer and product records and customize invoicing template. |
Start collecting donations using your own branded digital donation form today! |
Contact us at 231-526-4160 or digitalbanking@firstcb.com to get started today!