Cash flow
Predictable streams of cash coming in and going out mean everything to a business. Webster’s proprietary Cash Flow Pro® can help you optimize cash flow to maximize revenue and decrease expenses.
Develop secure processes with Cash Flow Pro
Wire transfers
- Transfers in USD and foreign currencies to domestic and international banks
- Initiate transactions by phone or by Webster Web-Link®
- Schedule same-day, future-dated and/or recurring wires
- Unique user ID for security
Fraud services
Deploy sophisticated security with Positive Pay
- Available via Webster Web-Link®
- Check Positive Pay
- Payee Name Positive Pay
- Teller Positive Pay
- ACH Positive Pay and Debit Block
- Dual Control
Webster Deposit-Link®
Deposit checks from work or your mobile device
- Available via Webster Web-Link®
- Save trips to the bank
- Same-day processing
- See check images via Web-Link
- Automated A/R posting with online transaction tracking
Automated Clearing House (ACH)
- Collect funds electronically from customers
- Make one-time and recurring payments to vendors
- Originate payroll and other compensation payments to your employees or contractors
- Fulfill state and federal obligations
A/R is not the same as cash
When Medicaid remittance policies changed, Newport Mental Health Center faced a huge problem. They had to sustain their operations, including payroll, but wait months for payment. Webster Bank stepped up with a line of credit solution to bridge the gap until revenue was realized. Does this scenario apply to your firm? Learn how important it is to effectively manage cash flow.