Isn't That Rich Podcast

Farmers State Bank is thrilled to announce the launch of Autobooks, an innovative financial tool designed to streamline operations for small businesses. If you're a business owner looking to simplify your invoicing, payment processing, and financial tracking, Autobooks is about to become your new best friend.

What is Autobooks?

Autobooks is a comprehensive financial platform tailored for small businesses, making it easier to manage and process payments. Whether you're just starting out or already running a thriving operation, Autobooks integrates seamlessly into your existing Farmers State Bank online banking portal. No need to juggle multiple platforms—everything you need is right at your fingertips.

Why Autobooks?

Here’s the game-changer: Autobooks allows you to accept payments directly into your bank account. No more waiting for funds to be transferred from third-party platforms like Square. With Autobooks, payments are processed through ACH (Automated Clearing House) or credit cards and go straight into your Farmers State Bank account. It’s fast, efficient, and keeps your cash flow steady.

Key Features of Autobooks:

1. Invoicing Made Easy: Create and send professional invoices directly from your online banking portal. You can even send them via email or text message. Plus, for those regular clients, set up recurring invoices so you never have to chase down payments again.

2. Multiple Payment Options: Your customers can pay you using ACH, debit, or credit cards. There’s even a ‘tap to pay’ option for those on-the-go transactions, making it perfect for events, pop-up shops, or even at the pumpkin patch.

3. Automated Reconciliation: Autobooks helps you keep track of paid, pending, and overdue invoices with a color-coded system. This feature not only saves you time but also ensures you’re always on top of your accounts receivable.

4. Professional Estimates: For businesses offering detailed services, Autobooks allows you to create estimates, breaking down costs for each part of the job. Once the work is done, convert the estimate into an invoice with just a click—no surprises, no disputes.

5. Comprehensive Reporting: For an additional $9.99 a month, you can access detailed financial reports, including cash flow statements, income statements, and balance sheets. This feature is a lifesaver come tax season, and it even allows you to import data from other bank accounts to get a full financial picture.

Who Should Use Autobooks?

Autobooks is ideal for service-based businesses like photographers, consultants, landscapers, and even creative professionals like writers and artists. It’s also a fantastic option for non-profits that need an affordable way to collect donations and track finances.

Imagine this: You’re a yoga instructor with a side hustle. Autobooks allows you to send invoices to clients, set up recurring payments, and even remind clients about upcoming sessions. It’s like having a virtual assistant who never misses a beat.

How Much Does It Cost?

Good news—signing up for Autobooks is free! There are no hidden monthly fees. The only costs involved are transaction fees when processing payments: 1% for ACH payments, 2.75% for ‘tap to pay,’ and 3.49% for credit card payments. You can even pass these fees onto your customers, which is something many businesses are already doing.

Get Started Today!

Autobooks is live and ready to use. If you’re already a Farmers State Bank business customer, you can enroll through your online banking portal with just a few clicks. No need to call the bank—though we’re always here if you have questions. And don’t worry, Autobooks offers excellent customer support, ensuring you’re never left in the dark.

Ready to revolutionize the way you manage your business? Log in to your Farmers State Bank account today and explore all that Autobooks has to offer. It’s time to get paid faster, stay organized, and focus on what you do best—growing your business.