Your Bill-Paying System Puts You in Control
Silicon Valley Bank's Business Bill Pay solution can give you greater control, organization and efficiency — and more time to focus on growing your business.
The Business Bill Pay Service allows you to view, manage, and pay bills online, 24 hours a day, seven days a week. Multi-user entitlements let the person in charge of the finances delegate tasks to their appropriate employees. Customized reports track multiple monthly and stand-alone payments to suppliers, contractors, and taxes. All this helps keep everything running smoothly.
Benefits
You gain a rich set of capabilities that address your business needs:
- Increase efficiency by eliminating the time and money spent writing checks and paying postage
- Robust security features with individual user IDs, passwords, and PINs ensure only authorized-user access
- Gain comprehensive entitlement controls, including transaction caps at the sub-user and payee levels, and delegate payment tasks as needed
- Set dual account signature requirements to keep payments from processing without the proper approvals
- Schedule multiple payments from one screen with a single, recurring, and future-dated payments
- Track and send rush payments
- Support multiple funding accounts
- Create customized auditing reports
- Receive electronic notifications for specific events via e-mail, text message, or both
Coming soon are the abilities to send payroll deposits to any number of employee accounts, and to make interbank account-to-account transfers.