Banknotes Blog

Small Business, Business Banking

Supply-Chain Solutions That Create Better Business

By: Dave Wyttenbach

In an Amazon world, where everyone is accustomed to unlimited selection and two-day delivery, the current supply chain crisis is officially affecting all aspects of life, from groceries to gift giving and from cars to kitchen remodels. What are your options for serving customers through this challenge when so many factors feel like they are outside your control?

After reading the title of this post, you might be thinking, "Can electronic bank statements really improve my life?" A reasonable question, surely, but the answer is yes! In my opinion, electronic statements are simply the best banking service available to our customers. And what makes the humble eStatement such a game-changer? Let’s run down the list...

Ensuring you receive payments reliably and on time is important for efficient cash management. Here are some common payment questions from businesses and how we answer them.

"Together, everyone achieves more." More than simply a clever mnemonic device that encapsulates the importance a unified collective working toward a common goal – a TEAM – this phrase underpins the approach that State Bank of Cross Plains' commercial & ag, treasury management, wealth management, private banking, and other financial professionals bring with them to the office (or home office) every day. It's a mindset that allows us to maximize results for our partners, and that's helped propel our own business forward for the past 110+ years.

State Bank of Cross Plains has an easy solution to greatly reduce the opportunity for check fraud from your business deposit account: Positive Pay.

Depositors know that the short-term rate environment continues to offer very few opportunities to earn interest on cash holdings. Although a bank money market account offers a safe place to keep funds with immediate availability, there are other alternatives a business might want to consider before parking excess capital there for the long term.

As a businessperson, time is your most precious resource. Here are 10 strategies you can start employing today to begin saving time every day.

Don’t miss an opportunity for a quick system check of your security procedures to make sure you catch any vulnerabilities before someone else finds them. Here are five places to start.

For business, both ACH and wire transfers have payment advantages and disadvantages. Let’s look at them across six key categories.

Business credit cards have recently taken major steps forward in functionality and ease of use. Get the full benefit from yours by considering these tips.

When the cumulative profitability of clients is graphed, the resulting plotted line resembles the head and torso of a whale, hence the name “whale curve.”

There are a number of alternatives to money market accounts that a business might want to consider before parking excess capital there for the long term.

In a high-tech world, most check fraud is decidedly low-tech. Here are a few suggestions for businesses to avoid becoming victims of check fraud.

There are many reliable, secure alternative means of sending and receiving payments that don’t rely on envelopes of paper hand-delivered to your mailbox.

Here are some ideas to consider for safeguarding your cash flow and securing your organization’s financial position.

Take Advantage of our Treasury Management Resources. We are here to help you control your cash flow and maximize your working capital!

Getting paid quickly helps control cash flow. A well-crafted email can actually help your invoices get paid faster! The following tips can help.

Although the number of checks presented for payment is decreasing every year, the losses from check fraud, unfortunately, are rising nationwide.

When it comes to running a business, there's no shortage of complexities that revolve around managing working capital. A treasury management team can help.

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