Community First Bank of Indiana (CFB) announced Monday that it has elected to embed the Autobooks solution for small businesses and nonprofit organizations into its existing digital banking platform.
This partnership will enable CFB customers to get paid online or in-app, directly inside their online and mobile banking.
Autobooks is an emerging leader in digital invoicing and payment acceptance and is a leading integrated-payments provider for small business banking. The integration of the Autobooks invoicing and payment acceptance modules into the CFB digital banking platform will help small business owners and nonprofits better manage cash flow and keep track of their customers’ and donors’ payment status. With just a few clicks, this much-needed tool helps users create and send invoices, schedule recurring invoices, and receive card and ACH payments directly into their CFB checking account.
In addition to invoicing and online payment acceptance, Autobooks offers cash flow management, accounting, and financial reporting tools as part of its full product suite. With Autobooks, CFB can deliver workflow-related services that serve their customers’ immediate needs while increasing engagement, loyalty and profitability.
“This is a tool that’s unique for a bank to offer; we’re always working to stay ahead of the curve with innovative, helpful solutions and are excited about Autobooks for many reasons,” said Jonathon Malin, Director of Commercial Banking. “Entrepreneurs often express that other accounting software can be expensive and overwhelming. Micro-business owners are searching for an easy way to transition out of using personal accounts within peer-to-peer apps to receive payment. Local nonprofits are asking for more efficient ways to collect donations. Autobooks is the solution to this all.”
Autobooks partners with the industry’s leading core processing, digital banking, and merchant processing providers so that CFB can reliably deploy this tool to its customers. To learn more, visit CFBindiana.com/autobooks or call the local Customer Care Team at (765) 236-0600.
About CFB
Community First Bank of Indiana was chartered in 2003 in Kokomo. The locally owned and operated bank currently has branches in Fishers, Indianapolis, Kokomo, Noblesville, and Westfield. Bank mission: We partner with you to build a better future. Additional information can be found at CFBIndiana.com. Member FDIC.