U.S. Bank AP Optimizer™
(SPEECH)
[MUSIC PLAYING]

(DESCRIPTION)
U.S. Bank AP Optimizer

Animation depicts a gear on a computer screen

(SPEECH)
U.S. Bank can help you overcome accounts payable challenges with AP Optimizer, a single system that automates the entire AP process, from invoice receipt to approval, through payment disbursement and reconciliation.

(DESCRIPTION)
Automate your AP Process

(SPEECH)
This modular solution offers flexibility to automate any or all parts of your AP process.

(DESCRIPTION)
Pages of paper invoices

(SPEECH)
AP Optimizer automates all invoice processing steps, beginning with systematic receipt, matching and coding, then expedites reviews and approvals. Digitized invoices and support documents streamline work and remove paper.

(DESCRIPTION)
Two speech bubbles on the computer screen

(SPEECH)
Questions and exceptions are managed within the system to keep the review process on schedule. Virtual card, ACH, wire, and check payments can be dispersed from your ERP with one set of instructions, saving time and simplifying reconciliation. AP Optimizer connects directly to your ERP through either ERP connectors or file-based integration with our technical integration experts. This minimizes the need for IT involvement and can help reduce your implementation timeline.

(DESCRIPTION)
Paymode-X, 45% of suppliers are already in the network, Source: Bottomline

(SPEECH)
AP Optimizer connects to the Paymode-X network of more than 450,000 electronic-payment-accepting suppliers. Organizations typically find that 45% of their suppliers are already in the network, creating savings and rebate revenue opportunities on day one. AP departments typically convert 40% to 60% of their check payments to higher value virtual card and ACH.

U.S. Bank will tailor and execute enrollment campaigns to sign up your suppliers who don't already accept electronic payments. We meticulously authenticate supplier information to ensure payment accuracy. We validate business and bank account information, and securely store supplier information within our system to reduce fraud risk.

Authentication steps are repeated whenever a supplier changes their account information. With security and fraud-mitigation tools embedded throughout, AP Optimizer provides unmatched security. During a recent two-year period, the network processed $500 billion in payments, with zero fraud losses.

Ready to automate your AP process? Count on a trusted bank partner with a proven B2B payment solution. Our AP automation expertise can create rebate revenue opportunity, reduce fraud risk and error, and produce efficiency and productivity gains to help grow your business without additional staff investment. Contact a U.S. Bank representative today to schedule an automation consultation.

(DESCRIPTION)
U.S. Bank is a registered trademark of U.S. Bank National Association. Products and services may be subject to credit approval. Eligibility requirements, restrictions and fees may apply. Deposit products offered by U.S. Bank National Association. Member FDIC. Copyright 2021 US Bank. U.S. Bank AP Optimizer is powered by Paymode-X. Bottomline Technologies and Paymode-X are trademarks of Bottomline Technologies, Inc. and may be registered in certain jurisdictions.