Business owners have to deal with the daunting task of transaction management. You may need an all-in-one method to monitor your accounts or those of a client, to centrally manage your resources if you have offices in different places, to minimize mail float and reduce clerical costs, to control which employees have access to which accounts and the types of transactions they can perform, and more. If you find yourself having such a need, you may consider CitiBusiness Online.
CitiBusiness Online Solutions to Meet Your Needs Overview
CitiBusiness Online provides solutions on account management, information reporting, receivables, payables, funds management, and security and accountability.
- Account management solutions. Business owner always face challenges when they need to monitor their accounts or those of a client, since they issue many a check and make deposits at different locations. With CitiBusiness Online, business owner are able to view real-time account activity, access online statements (7 year history), online bill payments, and online check images (90 day history). You no longer need to waste time on inefficient manual in-house check reconciliation, but can reduce check fraud, list unpaid checks in numerical order, and identify where deposits were made. Being able to centrally manage your resources if your offices are geographically dispersed will certainly increase account management efficiency.
- Receivable solutions. Processing payments from different locations is laborious and time-consuming. If your company receives a great many remittances with OCR-scannable coupons, or issues invoices with detailed information, then CitiBusiness Online will be helpful. It enables your company to have faster access to available cash and immediate access to incoming wire details while minimizes mail float.
- Information reporting solutions. You may need to download account information to your company’s financial software, CitiBanking Online makes it possible. You can download your account information to Microsoft Money (CVS), Quicken (QIF), and BAI.
- Security and accountability solutions. Account management is important, CitiOnline Banking enables you to set user entitlements to control which employees have access to which accounts and the types of transactions they can perform, as well as multiple signers in some cases.
- Funds management solutions. You must want to maximize the return on your excess balances while ensure that your account is adequately funded for your outstanding payables. CitiBank Online allows you to invest in a wide range of short-term investment products.
CitiBank Online is at www.citibusinessonline.com (Click the link in Reference Links at the bottom of this page to visit this site), click on “Get Online Access” button, then click on “Start Online Enrollment” button and answer the question on the next page about how you would like to initially set up your business. Complete all required information and take the printed form to a Citibank Financial Center for processing.
If you have any question, you can call 1-800-285-1709.