How to Make Your Business More Efficient with PSBank

Running a business while managing a household is no small feat. Whether you are a seasoned mompreneur or just starting your small venture, the daily demands of business operations can pile up quickly.

From ensuring your team gets paid on time to staying updated on cash flow, many moving parts require your attention. With support from a reliable banking partner like PSBank, managing these tasks can become more manageable.

Here are three practical ways you can simplify and streamline your business processes so you can spend more time growing your business and less time worrying about paperwork.

Make Payroll Easier and Faster

Handling payroll manually every payout period is one task many business owners wish they could avoid. Not only does it take time, but it also opens up the risk of human error.

With PSBank’s Corporate Account, you get free access to Business Online Buddy or BOB. This platform allows you to disburse salaries to PSBank Payroll Accounts quickly and securely online. With just a few clicks, payroll can be processed more efficiently, giving you peace of mind and your team the assurance that they will be paid on time.

Automate Payments and Avoid Penalties

Staying on top of payments, such as utilities, rent, and supplier dues, is easier said than done, especially when juggling both business and family life.

PSBank’s BOB can help automate these transactions so you never miss a due date again. You can set up Auto Credit Arrangements and manage payments to a vast network of billers. You can also schedule regular disbursements and even handle bulk payouts to vendors. This way, you can avoid late fees, reduce errors, and ensure everything runs smoothly, without having to do it all manually.

Stay Updated on Your Business Finances Anytime

Understanding where your money goes is crucial to maintaining a healthy business. But tracking cash flow manually or across different platforms can be overwhelming.

With PSBank’s BOB, you can monitor all your accounts in real time and view up to three months of transaction history. You also gain added security with multi-step authorization and role-based access, ensuring that only specific team members can manage certain aspects of your finances. This ensures that you have better control over your business operations while staying protected.

Your Reliable Partner in Business Growth

Growing a business takes time, effort, and the right tools. PSBank offers accessible solutions designed for small and medium enterprises run by hardworking individuals like you.

Open a PSBank Corporate Account at the nearest branch and start using PSBank’s Business Online Buddy today. Access is free for all corporate account holders. For more details, visit www.psbank.com.ph.