Treasury connectivity: Better insight is better business

March 23, 2023

Companies can no longer afford to manually run treasury department tasks and still stay competitive.

 

A modern business with connected banking can move as fast as a customer clicking a buy button. Connectivity creates a complete overview that enterprises need to be financially nimble.

Gaps between “the data you have” and “the most current data” can keep today’s treasury managers tossing and turning at night. That’s why bridging them is crucial to driving efficiencies and results that can bring about true transformation in your business.

Treasury connectivity solutions leverage analytics and analysis that produce relevant data to inform better decisions. It is about building digital connections that help you take control of your operations and make timely decisions that will secure your business future.

 

Connecting business with opportunity

Several connectors can link companies to their treasury data according to their unique business needs:

  • File transmission – Securely and inexpensively process batches of high-dollar, complex payments through core protocols.

  • Banking platform – An all-in-one online portal like SinglePoint® by U.S. Bank that connects to a full suite of treasury management services.

  • API connectors – A direct connection between a company’s enterprise application and a financial system, which provides flexible and real-time visibility for business.

  • ERP integrators – Software to power real-time transactions and information flows through a company’s ERP dashboard.

These solutions can increase speed, efficiency and visibility – improving data accuracy, accelerating strategy and keeping you one step ahead of the competition.

They also can lead your business further down the treasury connectivity path if you are ready to fully optimize. There you can utilize instant payment solutions to quickly move and control cash while improving customer experience.

 

"With optimized processes and digital tools in place, companies can become highly agile and better prepared for uncertainty and change."

Digital connectivity solutions “get things done,” according to Mike Draxton, U.S. Bank Vice President | Digital Transformation Group Product Manager.

“With optimized processes and digital tools in place, companies can become highly agile and better prepared for uncertainty and change,” Draxton says.

 

Choice, partnership and trust  

We understand you are relying on expertise to help propel your business forward. The “digital promise” is not unique. U.S. Bank has spent time becoming a different kind of partner by listening to client needs, a digital approach that stands alone.

How treasury connectivity comes together is paramount in a digital relationship. Whether they have just started your journey or are ready for a new path, we are ready to be your digital partner.

 

Marrying unique business stories with deep industry expertise can help you innovate faster, evolve stronger and run better. Let’s work together to match your treasury needs to the connectivity options that move your business forward.

Related content

How blockchain technology is changing treasury

Blockchain: Separating hype from substance

The AI journey in finance: How to make it part of your strategy

Buying or leasing? Questions to ask before signing a contract

Common pitfalls to avoid in the equipment financing process

Finance or operating lease? Deciphering the legalese of equipment finance

The secret to successful service provider integration

Colleges respond to student needs by offering digital payments

Integrated receivables management solution supports customer focus at MSC Industrial Supply

Leading the way for real-time payments

Drive digital transformation with payments innovation

Looking like a million bucks: The business case for high-value real-time payment

Beyond the back office: real-time payments

Real-time payments fuel innovation

Real-time answers about real-time payments

What government officials should know about real-time payments

Role of complementary new channels in your payments strategy

Want AP automation to pay both businesses and consumers?

Time is money: Intelligent Payment Routing saves businesses both

ABCs of APIs: Drive treasury efficiency with real-time connectivity

Banking connectivity: Helping businesses deliver the easier, faster, more secure customer experience of the future

Enhancing the patient experience through people-centered payments

Digital trends poised to reshape hotel payments

Crack the SWIFT code for sending international wires

Unexpected cost savings may be hiding in your payment strategy

Automate accounts payable to optimize revenue and payments

Cashless business pros and cons: Should you make the switch?

A simple guide to set up your online ordering restaurant

Automate escheatment for accounts payable to save time and money

ePOS cash register training tips and tricks

How AI in treasury management is transforming finance

Can faster payments mean better payments?

4 ways Request for Payments (RfP) changes consumer bill pay

Instant Payments: Accelerating treasury disruption

3 ways to make practical use of real-time payments

Empowering managers with data automation and integration

Digital Onboarding helps finance firm’s clients build communities

Innovative payroll solutions may help attract hourly workers

What corporate treasurers need to know about Virtual Account Management

Treasury management innovations earn Model Bank awards

Why ecommerce for small business strategy is integral

Rethinking common time management tips

How running a business that aligns with core values is paying off

Meet the Milwaukee businessman behind Funky Fresh Spring Rolls

3 ways to gain loyalty with your customers

3 awkward situations Zelle can help avoid

P2P payments make it easier to split the tab

U.S. Bank and SinglePoint are registered trademarks of U.S. Bank National Association

Start of disclosure content

Loan approval is subject to credit approval and program guidelines. Not all loan programs are available in all states for all loan amounts. Interest rates and program terms are subject to change without notice. Mortgage, home equity and credit products are offered by U.S. Bank National Association. Deposit products are offered by U.S. Bank National Association. Member FDIC.