March 12, 2024
Nevada State Bank Offers Small Businesses Digital Banking Invoicing, Payment Acceptance, and Accounting Services
LAS VEGAS – Managing cash flow is a perennial challenge for small business owners. According to the 2024 Nevada State Bank Small Business Survey, 15.4 percent of the respondents consider cash flow/financing was their biggest challenge—up 10 percent from prior year. The biggest cause of cash flow issues, according to a study by the National Federation of Independent Business, is the timing difference between requesting and receiving payment.
Expanding its support for small business owners, NSB has launched a new line of digital banking invoicing, payment acceptance, and accounting services that help bridge cash flow gaps by making it easier for customers to make payments, resulting in businesses getting paid faster. This new suite of services is provided by NSB and powered by Autobooks.
Small business clients can conveniently manage invoices and accept payments through these new services online, over the phone, or in person. Clients can easily categorize their expenses and efficiently manage their financial books.
“Accounting and cash flow management are two areas where our Nevada small business owners have told us they encounter challenges,” shared Craig Kirkland, EVP/Director of Retail Banking. “Our new small business digital banking invoicing, payment acceptance, and accounting solution will help them get paid more quickly and streamline their business management experience. We want to empower businesses with tools so that they can spend their time doing what matters most to them — growing their business.”
The digital invoicing and payment acceptance capabilities enable small businesses to create, manage, and send branded invoices and to accept credit cards, debit cards, and ACH payments. Clients can also text payment links and generate QR codes for payment. Additionally, service providers can initially offer project estimates that can later be converted into invoices. All payments received are directly deposited into the small business’s checking account.
With the new accounting features, small business owners can create budgets, generate financial reports — including profit and loss and balance sheets — and categorize expenses.
For more information, visit www.nsbank.com/accounting and www.nsbank.com/getpaid.
About Nevada State Bank (@nevadastatebank)
Nevada State Bank is a full-service bank offering a complete range of consumer, private, and business banking services, as well as wealth management services, with a robust statewide branch network. Nevada State Bank’s colleagues regularly volunteer in their communities and have been dedicated to helping make Nevada a better place to live for the last 64 years. Zions Bancorporation, N.A. is included in the S&P 500 and NASDAQ Financial 100 indices (NASDAQ: ZION).
For more information on Nevada State Bank, visit www.nsbank.com.
A division of Zions Bancorporation, N.A. Member FDIC