Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology, announced today that Yakima Federal Savings and Loan—the first financial institution to deploy CashFlow Central® within Fiserv’s Experience Digital (XD) environment—is equipping its small and midsize business members (SMB) to manage incoming and outgoing payments more efficiently through a modern, unified digital experience that brings Accounts Payable (AP) and Accounts Receivable (AR) together.
With AP and AR delivered through XD, Yakima Federal is reducing the need for multiple tools and giving SMBs greater visibility into cash flow — helping simplify day-to-day financial management while minimizing manual, administrative tasks.
“Our small business clients are looking for simpler, more connected ways to manage their finances and reduce manual administrative tasks,” said Melanie Kimm, Senior Vice President and Chief Retail Banking Officer, Yakima Federal Savings and Loan. “By delivering these capabilities through a modern digital experience, we’re making it easier for our SMBs to stay on top of cash flow and focus on running their businesses.”
Built for Real-World SMB Workflows
Yakima Federal’s implementation delivers AP and AR capabilities built around how small businesses operate day to day, including:
- A single interface for AP and AR workflows, reducing tool switching and operational complexity
- Automated invoicing and payment reminders to help accelerate receivables and reduce administrative burden
- Flexible electronic payment options that improve convenience and support healthier cash flow
- Mobile access, enabling business owners to manage finances on the go
- Real‑time visibility and tracking to support better decision‑making and reduce payment‑related service inquiries
“Small businesses increasingly expect financial tools to match the intuitive, connected digital experiences they rely on in other parts of their lives,” said Justin Jackson, Head of CashFlow Central, Fiserv. “By integrating CashFlow Central into Experience Digital (XD), Yakima Federal is uniting two best-in-class solutions to deliver a modern, end-to-end banking and payments experience purpose-built for SMBs.”
