Business online solutions are an integral component of digital strategy, enabling businesses to establish and manage their online presence, connect with their target audiences, and achieve their digital goals. They provide a range of tools and technologies, like web-based platforms for ecommerce and website builders along with customer relationship management systems and project management software.
A Business Online solution from Fiserv offers a user-friendly landing page that provides customers of the business banking industry access to the most important information and functions in a single place. The product is based on eCorp which has been used by regional and community banks for more than 12 years.
The Business Online solution includes new tools that help businesses manage receivables payables, and cash flow more efficiently. They include cash application services that streamline the process of receiving funds from accounts receivables and automated payment processing through checks or ACH, as well as epayments. It also includes additional fraud prevention resources to help reduce risk by identifying suspicious activity and limiting the effects of fraudulent transactions. In addition, the system offers reconciliation services to accounts which can save time and costs by reducing the number of manual entries required to reconcile bank accounts and purchasing controls to help control spending and prevent employee cards from being used to make purchases for personal use. The solution also comes with the option of customizing options including layouts for pages and navigation menus that can be modified to fit the financial institution’s brand and web page.