Without the proper information, managing all the components of your company's cash flow cycle is far from simple. But with the right tools, all your financial information and daily activity will be at your fingertips. Our Information Reporting capabilities give you the knowledge and tools necessary to efficiently manage your cash flow cycle, maximizing the value of your cash.
First Midwest Cash Management Information Reporting Solutions
Effective use of your organization's funds requires a clear understanding of what it costs to do business with your bank. First Midwest Bank's Account Analysis is a detailed monthly recap of your account(s) activity and the balances required to support that activity. It allows you to quickly analyze your total deposit relationship and provides useful information when planning cash management strategies. The analysis calculates the average collected balance for each account and assigns an earnings credit allowance to help offset service charges.
For additional information on our Account Analysis service and how it can help your business manage its costs, call us today at 800-322-3623 and we will connect you with a First Midwest Business Banker.
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Business Express Internet Banking
Business Express from First Midwest offers a new level of banking convenience to businesses of all sizes. From small, home-based businesses to municipalities and large corporations, our suite of Business Express packages scale to meet a wide variety of business demands. With Business Express, you'll get a clearer picture of your financial position whenever you want, improving your cash management productivity and control. Plus, with the ability to easily download your account information to your accounting software, account reconciliation and financial reports will be a snap.
- Increase productivity by spending less time getting the information you need, and more time putting it to good use;
- Greater convenience as you can instantly access account information through the internet anytime, anywhere from firstmidwest.com; and
- Improve control with your complete banking relationship at your fingertips, allowing you to make more timely, well-informed cash management decisions.
To find out more information about how Business Express can put your entire banking relationship right at your fingertips, call us today at 800-322-3623 and we will connect you with a First Midwest Business Banker.
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Financial Electronic Interchange
Originate and settle financial transactions via direct computer-to-computer data exchange. Financial EDI is the electronic exchange of payments and payment-related information in standard formats between business trading partners. This process utilizes the Automated Clearing House (ACH) network between buyers, sellers and financial institutions, simplifying and accelerating the exchange of payments.
To learn more about how Financial EDI can work for your business, call us today at 800-322-3623 and we will connect you with a First Midwest Business Banker.
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Account Reconciliation Services
Reduce the amount of time you spend balancing your business checking account. The manual reconciliation of business checking accounts can be a time-consuming task, especially for companies with large-volume accounts. By selecting the First Midwest Bank plan that meets your needs, you can eliminate the sorting, matching and reconciling of paid checks.
To get additional information about how our Account Reconciliation Services can save you valuable time, call us today at 800-322-3623 and we will connect you with a First Midwest Business Banker.
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For more information on Information Reporting options for your business, call us today at 800-322-3623 and we'll connect you with a First Midwest Business Banker.