Mobile Menu Insights

Client insights and best practices

Group-Discussing-Virtual-Payment-Case-Studies

While all AP departments share core responsibilities and tasks, each has unique payment challenges, requirements and goals. Virtual accounts have the flexibility to create value for a diverse range of payments.

U.S. Bank clients have been using virtual accounts to pay suppliers for more than a decade. Read about their experiences and learn how they:

  • Reduced payment costs by automating manual processes
  • Maximized rebate opportunity with new supplier enablement strategies
  • Simplified payment processing by reducing reliance on paper checks
  • Gained recognition for creating a new revenue center

Broker Dealer achieves significant savings by reducing check use
A financial services firm reduced check use by 75% in less than three months by switching to virtual payments. Read about their savings.

Transportation services company keeps vehicles on the road with real-time payments
Virtual accounts provide a secure, cost effective solution for emergency fleet repairs. Read how real-time virtual payments help this company keep vehicles in service.

University uses fast virtual payments to improve supplier relationships
Fast payments can help strengthen supplier relationships. Read how virtual payments benefit both buyers and suppliers.

Real Estate developer streamlines their payment process
A national Real Estate development firm turned to virtual payments to help reduce administrative costs and check fraud risk. Read how virtual payments improved their ROI.

Financial services firm benefits from fast supplier ramp up
Supplier enablement is the key to maximizing virtual payment program value.  Learn how our turnkey approach to supplier enablement produced fast results for a financial services firm.

U.S. Bank virtual payment accounts can streamline payment processing, reduce costs and create new revenue opportunities. Contact us at 866.274.5898 or intouchwithus@usbank.com to learn more.





Leaving?

By selecting “continue”, you will leave U.S. Bank and enter a third party website. U.S. Bank is not responsible for the content of, or products and services provided by the third party, nor does it guarantee the system availability or accuracy of information contained in the site. This website is not controlled by U.S. Bank. Please note that the third party site may have privacy and information security policies that differ from those of U.S. Bank.

<< back Continue