Continue your transition to remote banking

Use these strategies to respond to the long-term impact of COVID-19 and transition your company’s payment operations to a more digital future.

Tags: Banking basics
Published: April 26, 2021

U.S. Bank is here to help simplify your financial life. The impact of COVID-19 created an opportunity to maintain your operations in an increasingly remote world. Here are solutions you can implement as you and your employees adapt to what's ahead.

 

Access your accounts online

You can access your business accounts remotely via our online business banking portal, SinglePoint®.

Get started now.
 

Access your accounts on your mobile device

Mobile SinglePoint® provides easy access to time-critical functions for SinglePoint® or SinglePoint® Essentials services via your mobile device. Manage your daily treasury management activities, approve users, view transactions and manage balances. In addition to the free app, you can also access SinglePoint via the browser on your phone.


Initiate check printing online

SinglePoint Check Payables enables you to outsource the check disbursement process by initiating checks online. Your employees simply use a check entry page in SinglePoint or upload a file containing check information from your accounts payables system.


Deposit checks from your mobile device

Quickly process and receive checks on your smart phone with On-Site Electronic Deposit Mobile. Scan items as they’re received for same day ledger credit.

Take advantage of higher Same Day ACH limits and Real-Time Payments (RTP®)

Send Same Day ACH and RTP payments for up to $100,000. Use this option for a wider range of payments with immediate effect.

 

Migrate vendors to electronic payment options

With this shift to a remote operational environment, you and your vendors benefit from increased efficiencies if you migrate to electronic payments (e.g., RTP, ACH and wire transfers).

 

Optimize electronic payment options

In the current climate you may need faster payment option. Switch to electronic solutions like RTP, ACH, wire transfer and Disbursements via Zelle®, all of which can be initiated using SinglePoint or file transmission.


Become better partners to your vendors and customers

Use instant options like RTP to provide your business partners and customers much needed access to liquidity while delivering an improved experience.
 

Automate A/P to transform your invoice-to-pay process

Increase your efficiency, enhance your working capital and strengthen your financial controls by automating Accounts Payable with AP Optimizer™

 

Simplify your A/R management

Leverage VantagePoint™ to streamline your Accounts Receivables by automating A/R processes to quickly resolve exceptions and improve cash application.


Efficiently manage documents with DocXchange

Receive, sign and submit product setup documentation electronically using the DocXchange feature available via SinglePoint.
 

Ready and available to help

We’re here to help you go digital. Please contact your relationship manager or treasury management sales consultant to discuss ways to maintain your operations and streamline your payments for a changing future.

 

For more information contact U.S. Bank.

 

Visit our COVID-19 site for updates, insights and resources you need to navigate the changing environment.

 

 

Deposit products offered by U.S. Bank National Association. Products and services may be subject to credit approval. Eligibility requirements, restrictions and fees may apply. You will need internet access on your mobile device and may be charged access fees by your carrier, dependent upon your mobile plan. Check with your carrier for details on specific fees and charges.
Member FDIC. ©2021 U.S. Bank.
Zelle® and Zelle®-related marks and logos are property of Early Warning Services, LLC.
RTP® is a registered service mark of The Clearing House Payments Company L.L.C.
U.S. Bank, SinglePoint and VantagePoint are registered trademarks of U.S. Bank National Association.
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.