Three First Bank Services Every Small Business Needs

  • First Bank
  • 05/13/2021
  • Business
  • Article

As a small business owner, you are responsible for a variety of things as it pertains to the business. From ensuring that your accounts receivables are on track to be profitable to making sure your employees are being paid on time, there are many things on your plate to ensure your business is running efficiently. Fortunately, there are services available that can assist you with some of these tasks, giving you more time during the day to focus your time and energy on what matters most—managing your business.

Below are three services to consider adding to your business.

1. Accounting and Bookkeeping

How much time are you spending on your back-office tasks? These tasks can often be tedious and time consuming tasks, but they are critical tasks to ensure the business remains running. What if you could consolidate these tasks and manage them in the same place? With First Bank’s solution, Autobooks, you can! Pay your business bills, create and manage your invoices, monitor your business cash flow, and more all in the same place. Autobooks can help you decrease the amount of time you spend on these tasks by automating them, giving you more time to spend the day how you choose.

2. Cybersecurity Protection

Every business has the possibility of being impacted by cybercriminal attacks. Cybercriminals are finding new ways to get access to the things that matter most to businesses. It’s important to ensure you are taking the proper steps to keep your business and financial information safe. First Bank’s Trusteer Rapport can help detect and prevent sophisticated financial attacks and will work in conjunction with other software you already have in place that helps protect your business from malware and phishing schemes. Consider adding this software to your business to create a greater line of defense against attacks.

For more information on protecting your business, visit our Security Hub.

3. Payroll Management

As a small business owner, you may not have your human resources department carved out yet. Without a designated person to handle these specific tasks, you’re in charge of handling and administering payroll and paycheck options, benefit options including retirement plans and health insurance plans, and more. With the help of a Paychex specialist, you will be able to create a customized solutions package to offer your employees. In addition, Paychex can also assist with federal, state, and tax filing and unemployment claims.

As you continue growing your business, you will be able to rest assured knowing that your business is ready to grow with you. For more information on how our solutions can help your business, contact a trusted First Bank representative.