Commercial Bank Of California Announces New Cashflow Management Tool “CBCashflow”

Irvine, Calif. (August 31, 2020) ­ Commercial Bank of California (CBC), a BauerFinancial, Inc. Five-Star Superior Bank, announces that it has launched a financial tool CBCashflow to help small businesses manage several operations aspects from one consolidated tool. CBC partnered with Autobooks to develop and customize this tool for CBC clients.  

CBCashflow logo

“Imagine consolidating your invoicing, payments, accounting and bill paying operations into one application. And then accepting payments directly into your business checking account by bypassing providers like PayPal or Square,” said Ash Patel, CEO and president of Commercial Bank of California. “This transformative financial product will give our clients greater control of their cashflow and empower them to get back to building their businesses. We’re excited to bring this tool to market with our partners at Autobooks.”

CBCashflow, powered by Autobooks, gives business owners and managers a better way to do business, including the following:

  1. Simplify Invoicing: send invoices online, schedule recurring invoices and automatically add late fees for past due invoices
  2. Optimize Payments: get paid faster online, accept credit, debit cards and ACH transfers, and enjoy low processing rates
  3. Streamline Accounting: daily automatic reconciling, custom product codes and get reports for tax time
  4. Realize Growth: better understand and control your cashflow, understand and manage all invoices, and empower employees so you can grow your business

CBCashflow is available to all CBC business banking clients as of August 31, 2020. The tool can be accessed directly in the CBC online banking portal. Clients can now try the tool for free for 30 days, and then just $10 per month beyond the initial 30 day period. 

autobooks cbcashflow how it works 

“This will be a game changer for many of our clients,” said Patel. “Not only does it bring increased convenience to business owners, but to their customers as well. We are grateful for our partnership with Autobooks and the advanced technology we can offer our clients.”

For business owners who are interested in more information about CBCashflow, please contact treasuryservices@cbcal.com.

About Commercial Bank of California

CBC is a full-service bank and diversified financial services company that serves the business and professional communities of Los Angeles and Orange counties. Recognized as a BauerFinancial, Inc. “Five-Star Bank” for its financial strength and stability, CBC provides the financial expertise of a major bank while maintaining a commitment to personalized service for every CBC customer. More information about CBC’s custom solutions for your business is available at www.cbcal.com.

About Autobooks

Detroit-based Autobooks is a provider of small business banking solutions that make it simple to get paid online, manage cash flow and automate accounting. Through Autobooks, financial institutions can provide a small business e-commerce platform directly embedded within their existing digital banking channels. Please visit www.autobooks.co to learn more.