Transaction History: A complete and searchable transaction history to monitor incoming and outgoing funds.
Expense Categorization: Ability to categorize expenses (e.g., marketing, utilities, salaries) for reporting purposes.
Automated Reconciliation: Simplifies account reconciliation, matching bank transactions with business records.
Business Loans: Many banks provide loan services, including short-term working capital loans or long-term investment loans.
Credit Lines: Businesses often need credit lines to manage cash flow. A business banking system should allow easy access and management of these lines of credit.
Interest Rate Calculators: Helps businesses calculate interest on loans and credit lines based on their balances and repayment schedules.