U.S. Bank Payment Analytics is an easy-to-use, web-based solution that monitors commercial card compliance with payment policies and provides the necessary audit to mitigate control-related risk. With Payment Analytics’ 100 percent transaction monitoring, your organization can achieve more control and visibility over your spending, freeing up time and resources to focus on more strategic activities.
Using customizable rule templates, program managers can:
- Receive email notifications of possible non-compliance and spend violations
- Automatically review all card transactions
- Flag suspected card misuse and out-of-policy spending
- Improve purchasing practices and safeguard against commercial card misuse
Payment Analytics requires no additional hardware or software, and no extensive training, so your organization can get up-and-running quickly and easily. Payment Analytics automatically integrates your commercial card transaction data and is accessible online, 24/7, so information is readily available – anywhere, anytime.
Payment Analytics greatly lessens the opportunity for commercial card fraud and misuse, which helps your organization achieve:
- Consistent end-to-end payment policies and procedures
- Enhanced visibility to overall spend
- Increased accountability to business-related spend
- Improved management of risk and fraud
- Greater cost savings through a reduction in employee misuse