Accelerate your card program advantage |
|
Optimization Services can help you reach your goals |
|
| | | | |
|
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 |
Grow revenue
Enroll more suppliers into your card program to expand revenue earning potential
| |
Maximize efficiency
From streamlining your payments process and driving cost savings to improving cash flow, optimizing your program delivers results | |
Reduce risk
Virtual payments dramatically reduce the risk of fraud for added savings and fewer worries
| | | | | |
How Optimization Services works |
|
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. | | | | |
Understanding the supplier advantages |
|
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.
Supplier benefits
-
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. | | | |
Learn more about Optimization Services |
The business case for optimization
Add up what Optimization Services can do for your organization | |
Getting your team
on board
Find out how we can help you get buy-in from your organization | |
Card program optimization and AI
Reach your card program goals faster with data science | | | | | |
Calculate your potential |
|
Contact us today to discover your potential savings and rebate revenue opportunity. | | | |
Explore your optimization potential today | | | |
|
By providing your email address you are agreeing to receive marketing related communications from U.S. Bank. You may change your marketing preferences at any time in the Privacy section of usbank.com. Unless requested by you, confidential, personal or financial information will never be sent or requested in an email from U.S. Bank. | | | |
©2024 U.S. Bank. All trademarks are the property of their respective owners.
(01/21) CAT-19457751
| | |
