Treasury and payments Case studies

When a global provider of employee insurance benefits embarked upon a company-wide digital transformation, it realized there would be unique challenges in upgrading its money movement technology.

Every new deal that this specialty finance firm makes requires the opening of a bank account under tight deadlines. Quickly opening these accounts is a key part of keeping their high volume of closings running smoothly.

Students at the College of St. Benedict and St. John's University wanted to receive refunds and other payments via methods other than paper check. U.S. Bank Payee Choice lets the students choose how they get paid, plus saves money for the universities by reducing paper and postage costs.

Borsheims delivers a superior customer experience, which now includes electronic bill presentment and payment (EBPP) to provide payment flexibility to customers.

Tailor Ridge, an asset-based real estate lender, serves businesses that acquire and rehab distressed properties for resale or use as rental properties. U.S. Bank eBill Service allows Tailor Ridge to provide a fast, secure way to make loan payments.

With U.S. Bank experts advising on CRE-specific operational elements, EDENS has successfully leveraged virtual accounts to reduce inefficient check payment processing and earn more rebates.

MSC, a leading metalworking and tooling distributor, partnered with U.S. Bank to develop and pilot a powerful accounts receivable automation feature that has boosted match rates to 97%, giving employees time for more strategic work.

Using virtual payments for certain contractor and supplier payments has saved Ag Processing Inc (AGP) hundreds of thousands of dollars and greatly reduced its risk of check fraud.

Ryan Companies uses vendors in the communities where it works and wants to pay them as promptly as possible. They turned to U.S. Bank Virtual Pay to replace paper checks, reduce fraud, save money and holistically improve client payments.

In need of a way to save time and costs associated with employee reimbursements that were traditionally done by paper check, Sunriver Resort worked with longtime partner U.S. Bank to transition payments to Zelle^®.

Power/mation helps manufacturers automate their processes. U.S. Bank helps Power/mation automate its accounts receivable processes with VantagePoint^®, our integrated receivables platform.