Running a small business means wearing a lot of hats. You’re responsible for customer relationships, managing employees, keeping projects moving and making sure the bills get paid. Somewhere in the middle of all that, there’s also the ongoing work of sending invoices, tracking payments, managing expenses and keeping your financial records organized.
Those tasks are essential, but they don’t have to take up so much of your time. The right financial tools can help simplify everyday money management, improve visibility into your business finances and give you more time to focus on what you do best.
Simplify the everyday financial tasks
For many small businesses, financial management involves a collection of separate processes. Invoices are created in one program, customer payments arrive through another, bills are paid through online banking or even by check, and financial records are maintained in spreadsheets or accounting software. Keeping everything organized can become increasingly challenging as a business grows.
Having tools that work together can make a meaningful difference. Instead of jumping between multiple platforms and trying to keep everything updated, business owners can manage many everyday financial tasks in one convenient place. That’s the idea behind Minnwest Bank’s Money Mover Suite.
One convenient place to manage your business finances
Money Mover Suite combines a business checking account with digital tools designed to simplify cash flow management, invoicing, payment acceptance, bill payments and financial reporting.
Available directly through Minnwest Bank business digital banking, the suite helps bring everyday financial activities together without requiring additional software downloads or separate logins.
Here’s how some of the features can help:
Get invoices out and payments in
With integrated Autobooks invoicing, you can create professional estimates and invoices using your own business branding. Send one-time or recurring invoices, track customer activity, send payment reminders and accept ACH or debit and credit card payments through secure payment links.
You can also accept payments online, in person or on mobile devices, including tap-to-pay acceptance on iPhone.
Make bookkeeping more manageable
If you’re relying on spreadsheets to track income and expenses, it may be time for a more streamlined approach.
Available with the Enhanced and Elite packages, Autobooks Accounting connects directly to your bank accounts and allows you to import transactions from external accounts. Track income, expenses, sales and taxes, and access financial reports such as profit and loss statements and balance sheets.
And if you already use accounting software that works for your business, you don’t have to give it up. Money Mover Suite’s invoicing, payment and bill-pay tools can complement the accounting system you’re already using.
Simplify paying bills
Business Bill Pay is included with every Money Mover Suite package. Schedule one-time or recurring payments, view bills in one place and pay electronically rather than managing paper checks.
It’s one more way to reduce administrative work and keep business finances organized.
Choose the tools that fit your business
Every business has different financial needs. That’s why Money Mover Suite offers three packages, allowing you to select the combination of services that makes the most sense for your operations.
- Essential – $10/month: Includes business checking, invoicing, payment acceptance and Business Bill Pay. It’s a practical starting point for businesses looking to streamline invoicing and payments.
- Enhanced – $25/month: Includes everything in Essential, plus Autobooks Accounting and real-time financial reporting. It’s a good fit for businesses looking for additional insight into their financial activity.
- Elite – $50/month: Includes the features of Enhanced, along with additional cash management capabilities such as online wires, ACH and Check Positive Pay, and ACH origination.
Each package includes a business checking account with 300 monthly transactions and eStatements. The Essential package fee is waived with a $2,500 minimum daily available balance.
The right tools. The right banking relationship
Technology can make managing your business finances easier, but having a banking partner who understands your business matters, too.
At Minnwest Bank, we believe your business is personal. Our team understands that running a business involves more than managing transactions. It means navigating opportunities and making decisions that affect your future. Money Mover Suite brings convenient digital tools together with the local banking relationship and support you expect from Minnwest Bank.
Whether you’re looking to simplify invoicing, spend less time on bookkeeping or gain better visibility into your cash flow, the right tools can help you work smarter.
Ready to simplify your business finances?
Explore Minnwest Bank’s Money Mover Suite to compare packages and find the right fit for your business. Or connect with a Minnwest small business banking expert to talk through your options.
