GBC Treasury Solutions:
Pay, Collect, Manage, Protect

Brian Weiner | Senior Product Manager | Treasury Solutions

We are often asked what is Treasury Solutions and what do you do? Treasury Solutions at GBC is a dedicated team designed to help and support our business clients by building tools and solutions that allow our clients to plan, manage, organize, and protect their business. We recognize that our clients face many challenges today including protecting themselves from cybercrime, maintaining their cash flow not to mention managing their businesses. The GBC Treasury Solutions team is here to help. We recognize that Treasury solutions can be complex, but it doesn't have to be. GBC Treasury solutions are designed to reduce and eliminate these pain points. Traditional banking through the years has developed a model for treasury solutions that is often described as Payables, Receivables, and Information Management. At GBC we decided to take a client centric view, how do our clients view their business requirements/needs? We developed four business focuses that illustrate this approach in the graphic below.

At GBC we define these four business focuses in the following manner:

Pay

In an increasingly digital world, we recognize the need for faster and more transparent payments. Whether you are paying your employees, vendors/suppliers, making large one-time purchases or funding recurring monthly expenses, having the cash you need when you need it is critical to achieving your business goals. Payment solutions should address the following needs:

  • Automate manual processes
  • Reduce fraud
  • Maximize investment
Products that address Payment needs:
Automated Clearing House (ACH) Bill Pay
Direct Deposit Wire Origination

Collect

Timely and efficient collection of receivables is essential to your business's financial health but navigating the increasing number of payment options can be overwhelming. Your customers expect to have flexible payment options, so your business must accept multiple payment types including check, ACH, wire and card. Collection solutions should address the following needs:

  • Simplify payment acceptance
  • Save time
  • Convert receivables to cash
Products that address Collection needs:
Lockbox Services Merchant Services
Remote Deposit Capture Mobile Deposit

Manage

Funds optimization is one of the most cost-effective ways for your business to obtain cash, avoid taking on new debt and maximizing investment opportunities. Making the most of your existing funds requires accelerating receivables, meeting short term obligations, streamlining accounting functions, increasing insight into your finances, and taking control over your cash position. Managing solutions should address the following needs:

  • Provide convenience and security
  • Easy access to account information

o Reporting

o Payment Origination

o Action Items

o User Administration

Products that address Management needs:

Business Direct (Online Banking)

Business Direct Mobile (Mobile App)
Out of Band Authentication (Security) Sweeps
Zero Balance Account (ZBA)

Protect

As payment innovation evolves, so does payment fraud. Businesses are embracing new payment methods and it is more important than ever to protect your financial information and business assets. Layered security is the key to stopping financial criminals and GBC has invested significantly in fraud prevention capabilities across all payment types, providing your business with the real-time, cross channel fraud detection tools you need to manage your business with confidence. Protection solutions should address the following needs:

  • Protect Information
  • Prevent fraud
  • Reduce losses
  • Improve decision making
  • Eliminate manual processes
Products that address Protection needs:
ACH Positive Pay Online Stop Payments
Out of Band Authentication Positive Pay

Save time with these comprehensive solutions that streamline your day-to-day cash management so you can get back to managing your business.


About GBC

Georgia Banking Company (GBC) is a full-service, commercial community bank headquartered in Atlanta, Georgia. GBC's team of veteran bankers know their communities and are focused on leveraging technology to deliver an exceptional service experience to meet the needs of growing businesses and private banking clients. The bank also offers a unique suite of mortgage products to independent mortgage bankers across the nation. Visit GeorgiaBanking.com to learn more.

We are GBC Cultivating Opportunity for Georgia's Growth