From rebate earnings to the savings enabled by efficiencies, the advantages of paying bills with your commercial card program add up. But are you making the most of your program? Optimization Services can help. As a U.S. Bank commercial card customer, you have direct access to our experts at no cost. Whether you’re looking to improve cash flow, gain efficiencies, grow revenue, reduce risk, increase controls, or strengthen your supply chain, we’re here to help.
The business case for optimization
Making the most of your card program has direct business benefits
Enroll more suppliers into your card program to expand revenue earning potential
With Optimization Services, you can count on
U.S. Bank experts to do the heavy lifting for you. It starts with an AP file analysis — we’ll identify card-accepting suppliers and calculate potential payments to shift to card. Together, we’ll develop an enrollment strategy that can include updating your payment terms strategy and any other supplier insights we should consider in our outreach. Then, our in-house Supplier Enablement team will work directly with your suppliers to get them on board.
Card and virtual payments are beneficial to suppliers, as well. Our Optimization Services team can help you better understand the advantages for your suppliers and strategically communicate the opportunity.
Get paid sooner – Faster payments reduce waiting and processing times
Increase efficiencies – Reduce the efforts required to process payments
Improve data – Get better remittance data for improved reconciliation
Find your fit – U.S. Bank offers a variety of payment options to support suppliers
Optimization Services at work
See how our clients have expanded their program benefits and operational advantages
By updating payment terms and implementing an organization-wide educational effort, Group 1 Automotive streamlined operations, eliminated more than 10,000 checks each month and generated millions of dollars in annual rebate revenue with its U.S. Bank Virtual Pay program.
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