Take control of your receivables. Orrstown’s services help you offer your customers flexible payment options, collect your money faster, and expedite your cash flow.
You never stop working to grow your business – your money shouldn't either. Orrstown’s treasury management solutions reduce idle funds to make the most of your cash and improve your bottom line.
Managing payments and controlling expenses is crucial to running a business. Orrstown helps you simplify your payables processing to better manage your spending, extend your cash cycle, and increase your payment efficiency and security.
Fraud is a serious threat and more prevalent than ever, but Orrstown offers solutions to prevent loss. Don’t take a passive approach, let us put protection in place for you and be certain your cash is protected.
What Is Treasury Management?
Treasury management services encompass multiple aspects of corporate finance, including raising essential business funds from multiple sources, managing currency and cash flow, and developing and implementing organizational monetary strategies. Helping you manage and mitigate your financial risk is another key aspect.
What Are the Benefits of Outsourced Treasury Banking Services?
When you outsource the treasury management process to an experienced, reputable financial institution such as Orrstown Bank, you'll gain several valuable business advantages:
- Increased account efficiencies: You can consolidate multiple accounts, which saves time, maximizes efficiency and reduces service fees.
- Maximized cash flow: Treasury services cash management functions such as an account receivables lockbox can improve your business's cash flow by processing and posting deposits more quickly.
- Faster processing: By automatically entering your business's invoices into a centralized lockbox, treasury management cuts down on processing delays and enhances your cash forecasting capabilities.
- Better decision-making: Bank treasury management services enable you to integrate financial data into your company's enterprise resource planning (ERP) or accounting systems. You'll have easy access to the information you need to make faster, more informed business decisions.
- Enhanced fraud protection: Treasury management includes access to advanced fraud detection and prevention products and services, helping you meet regulatory compliance requirements and giving you more peace of mind.
Why Choose Us for Treasury Banking Services in PA and MD?
Orrstown Bank is a local financial institution headquartered in Shippensburg, Pennsylvania. Although we're a smaller bank, we can provide a host of sophisticated treasury management services that make it easier for your business to:
Every Orrstown Treasury Management Setup Includes These Benefits:
Extra security provided by security tokens for user multi-factor authentication.
Exclusive access to the Electronic Services Customer Care Hotline.
No setup fees.
Orrstown Bank’s Enhanced Online Banking Platform
It provides a safe and secure way for customers to access their accounts 24x7 anywhere they have access to a computer and the Internet. The following services and functions are available through our Online Banking platform2:
1 Federal regulation prohibits you from making more than a total of six convenient transfers or withdrawals per month. Transfers and withdrawals that are considered "convenient" for this purpose are those made by preauthorized, automatic, telephonic agreement, order or instruction, or by check, debit card, or similar order made by the depositor and payable to third parties.
2 Fees may apply
Ready to get started? Contact an Orrstown Treasury Management Consultant now.
Three easy ways to get support:
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