Managing Commercial Cash Flow


The first step to gaining greater control of your cash is making clear financial projections for your company. Once you have a solid understanding of how much money is coming in and going out of your business, you can effectively start managing your cash.


At Webster, we’re here to provide the consultative support and expert advice you need, and the state-of-the-art tools you won’t want to be without. From speeding up receivables to managing payables effectively, we have convenient services that can help you stay on top of your cash, and plan for the future, while also boosting your business’ efficiency to reduce costs and increase revenue.


Bank Accounts to Facilitate Cash Flow

Our suite of cash management tools is designed to work with your Webster business checking account. Choose from a range of FDIC-insured accounts created for your company’s needs.


For businesses with high volume and cash management needs, Commercial Checking offers a premium earnings credit rate, fast clearing times for deposited checks, and sophisticated online banking through Webster Web-Link®, our online reporting and transaction system.


We also have a number of specialty checking accounts created specifically for different industries and agencies. For law firms, we offer IOLTA Checking and Escrow Sub-Accounting. For realtors, we have IOREBTA Checking, as well as Municipal Checking and Checking with Interest for Non-Profits.


At Webster, we also offer savings accounts to help make your available cash work harder for your business. Consider linking Premium Business Money Market Savings to your checking account. Not only will you earn a competitive rate, your rate will grow as your balance does. For municipalities, Webster also offers the Secure Municipal Account, a fully collateralized money-market account.


And with any Webster commercial checking account, you can choose Webster’s Automatic Investment Account that provides an automatic transfer of all cash over your target balance into an investment instrument at the end of each business day.


Convenient Control Over Cash Flow

Once you have a Webster business checking account, you have access to easy-to-use and time-saving tools that give you instant control over cash management.


With Webster Web-Link®, our online reporting and transaction system, you have the ultimate tool for retrieving, reviewing, and analyzing information about your Webster accounts in a secure environment. Anywhere, anytime of day, you can log in at your convenience and get information you need to make smart spending decisions for your business.


Add the Webster Deposit-Link® service and you have a convenient way to make faster deposits. Simply log into your online account, scan your paper checks, and submit them electronically. That means you can eliminate the time and expense of traveling to a branch, and extend the daily deposit deadline to 8 p.m. EST.


Perhaps you’re looking for a way to not only expedite processing, but facilitate prompt payments from customers. With Webster Payment-Link®, we can help you maximize the potential of your company’s website by equipping it with a secure online payment solution that lets your customers pay their bills right on your site, using credit cards, debit cards, and Automated Clearing House (ACH) transactions.


It’s easy for them, and easy for your business. With this service, you’ll reduce the number of paper checks to collect, and speed up the cash-receipts process to get payments posted faster.


Cutting Costs “Automatically”

Reducing costs can actually mean less work for your business. When you outsource and automate processes, you can save time and money in the long term through greater efficiencies and more effective use of your staff.


For example, Webster’s Autoborrow provides a convenient way of managing your cash flow. It automatically draws funds when you need them, and in turn, automatically pays down your balance when funds are available. So not only will you keep your interest expenses at a minimum, you’ll also eliminate manual tracking and transfers.


Webster also helps take the hassle out of rebalancing your company’s sub-accounts with our convenient Zero Balance Account. This automatic service transfers your funds for you, keeps your sub-accounts at zero, and maximizes your cash.


Helping to eliminate burdensome payment collection and processing for your business, Webster offers automated Wholesale and Retail Lockbox Processing. With this time-saving service, customers remit payment to you through a regional post office box, and Webster picks them up to copy, endorse, and deposit the items the very same day.