Business Banking

Business owner needs to process bi-weekly payroll for 25 employees.

"AI handles payroll: "I've prepared your bi-weekly payroll for January 15th. Here's the summary: 25 employees, total gross payroll $87,450. After deductions (federal tax $12,430, state tax $3,498, FICA $6,690, benefits $4,200), net payroll is $60,632. I've verified everyone's direct deposit info is current - no changes since last pay period. Two things need your attention: Sarah Martinez requested a bonus of $500 that needs approval, and we have a new hire, James Wilson, whose first check this will be. His W-4 is on file and bank info is verified. Your business checking has $142,000 available, so you're well covered. I've scheduled the payroll to process tomorrow at 6 AM for Friday deposits. Want me to proceed, or would you like to review the detailed breakdown first?""

Business needs to pay multiple vendors before month-end.

"AI manages payments: "Let me help you with your month-end vendor payments. I see 12 invoices pending totaling $34,720. Here's how I'd suggest organizing them: Due within 5 days (priority): Allied Supplies $8,200, Metro Services $4,500, TechPro Inc $2,800 - total $15,500. Due within 10 days: The remaining 9 invoices totaling $19,220. Early payment opportunities: Allied Supplies offers 2% discount if paid within 10 days - that's $164 savings. Your current business checking balance is $52,400. If you pay the priority vendors today, you'll have $36,900 remaining, plenty for the rest. I can set up a batch payment for the priority vendors right now and schedule the rest for next week. Both transactions will need CFO approval per your company policy. Should I proceed with this plan?""

Business owner wants to understand their cash position for the next month.

"AI provides forecast: "Let me give you a 30-day cash flow forecast. Starting position today: $52,400 in checking, $125,000 in business savings. Expected inflows: Customer payments due $78,000 (based on outstanding invoices), recurring revenue $24,000 from subscriptions. Total expected in: $102,000. Expected outflows: Payroll (2 cycles) $121,264, vendor payments $34,720, rent and utilities $8,500, loan payment $12,000. Total expected out: $176,484. Net position in 30 days: approximately $-22,000 from checking. However, you have $125,000 in savings. My recommendation: Transfer $50,000 from savings to checking next week to maintain comfortable operating cash. Also, I notice 3 customer invoices ($32,000 total) are overdue - should I flag those for your collections follow-up? That would significantly improve your cash position.""