Payable Solutions
Services We Offer
Automated Clearing House
Streamline payables by processing transactions electronically including direct deposits for employees, vendor payments and tax payments.
Wire Transfers
Electronically send and receive money, swiftly and securely, within the U.S. and overseas.
Business Bill Pay
Stay on top of your bills and never write a check or spend money on envelopes or postage.
Commercial Rewards Card1
All-in-one scalable card solution for purchasing and travel. Intuitive platform integrates card, expense and travel management.
One Card1
Manage all expenses with a comprehensive commercial payment solution. All-in-one platform that simplifies reconciliation, manages risk and improves operational efficiency.
Payroll Services
Outsourcing payroll processing provides peace of mind, saves time and money, and ensures you’re current with changing regulations.
ACH is a secure electronic payment method widely used by companies to remit Payables or collect Receivables. It is commonly used for direct deposit of payroll, vendor payments, tax payments and the collection of payments due from your clients or members.
Key features:
- Establish repetitive ACH templates, simplifying future transfers
- Saves the time and cost of issuing and distributing checks
- Reduces fraud exposure by reducing check activity
- Generate detailed reports of ACH origination history
- Enhanced security with multiple user access and approval levels
- Immediate availability of funds for the beneficiary on the designated settlement date
- Ability to upload ACH files created from your accounting software
EDI enables fast accurate and reliable exchange of data between companies and replaces the usage of faxing and mailing of paper documents. The EDI service passes invoice and payment data through the ACH network, streamlining your accounting and receivable and payable functions. EDI can include data such as the sending party's name, invoices, purchase order number or other reference information that identifies the purpose or breakdown of the payment.
Key features:
- Decreases costs by reducing clerical work and less paper usage
- Increases efficiency by automating paper-based tasks
- Reduction of data entry errors
- Improves processing time of accounts receivable receipts
- Same day confirmation of payment details
- View and download EDI reports conveniently through Business Online Banking
Online wires are an effective payment method that ensures timely delivery of funds to a beneficiary's bank account for immediate use.
Key features:
- Initiate domestic and foreign wires in USD from the convenience of your office
- Create repetitive wire templates, simplifying future transfers
- Enhanced security with multiple user access and approval levels
- Same day processing for wires initiated by established cut-off times
- Ability to consolidate a large volume of wire requests in a single batch
- Online reporting available for incoming wire transfers
Ready to learn more about Payable Solutions?
Connect with a friendly and professional Business Banker.