Program Optimization
The value of commercial card programs has been proven across a broad range of industries, delivering critical expense control and process efficiencies. Such payment solutions, when fully optimized, provide a unique opportunity to:
- Improve cash management flexibility
- Reduce Accounts Payable cheque and invoice processing
- Increase efficiency and drive out costs
- Provide sourcing and preferred supplier data
Whether your organization uses a corporate travel, fleet vehicle or purchasing solution, U.S. Bank Canada can provide the expertise and tools you need to more effectively manage your card program. The end result-Program Assessment delivers significant savings across all key expense categories. Receive this valuable service at no cost.
For instance, L.L. Bean eliminated 30,000 invoices per year and grew purchasing card spend from $3 million to $23 million after conducting an Accounts Payable Analysis. As a result, the company streamlined the purchasing process and saved hundreds of thousands of dollars in procurement costs.
Begin your card program assessment today.
Clients interested in receiving a free card program assessment, please complete the online
request form, or contact your U.S. Bank Canada representative for more information.
Download and submit these tools to your U.S. Bank Canada representative:
Vendor Analysis - Identify suppliers that accept card payments.
A/P Analysis - Convert cheque payments to commercial cards.