U.S. Bank uses an Internet-based, integrated invoice processing, payment and financing solution - the Syncada from Visa network - that meets the complex challenge of managing and optimizing global operations.
Syncada from Visa supports U.S. Bank Electronic Invoice Presentment and Payment,
U.S. Bank Freight Payment and Household Goods by providing an automated financial supply chain network with complete transparency for both shippers and carriers.
Participating organizations gain:
Lower costs
- Eliminate expensive paper processes
- Reduce billing and payment errors
- Increase spend visibility and control
Improved invoice processing and payment efficiency
- Utilize tools for better management of working capital and global cash needs
- Maintain accurate accounting of spending by category
Seamless integration
- Support 21 languages worldwide
- Select the payment method most appropriate for your organization
Vast reporting data
- Draw valuable insights from raw data
- Improve efficiency and cost management
- Assess supplier performance, improve terms and identity variance and unnecessary expenditures