Business online solutions are a crucial part of digital strategy, enabling businesses to establish and manage their online presence, connect with their target customers, and reach their digital goals. They offer a variety of tools and technologies, including web-based platforms for ecommerce and website builders and customer relationship management systems as well as project management software.
A Business Online solution from Fiserv offers a user-friendly landing page that offers clients of the business banking sector access to crucial information and functions in a single location. The product is based upon eCorp which has been used by community and regional banks for over 12 years.
The Business Online solution includes new tools that assist businesses in managing receivables, payables and cash flow more efficiently. These include cash application services that simplify the process of receiving funds from accounts receivables. They also offer simplified payment processing using checks or ACH as well as electronic payments. It also provides additional resources to prevent fraud to help reduce risk by identifying suspicious transactions and limiting the impact of fraudulent transactions. The system also offers reconciliation services for accounts, which will save time and money by reducing the amount of manual entries required to reconcile bank statements. It also includes purchasing controls, which help to limit spending and stop employees’ cards from being used to make personal purchases. The system also offers various options for customization including layouts for pages and navigation menus that can be customized according to a financial institution’s brand and website.