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TECP: UpdateOnline Treasury Management and FX Services - Take a Tour Home : Products and Services : Treasury Services : Treasury Management : Managing Payables : Payables Outsourcing

Payables Outsourcing

One-stop payments processing

Our Payables Plus service automates your payment process, from initiation to reconcilement, offering the flexibility of initiating paper and electronic payments through a single file.

Simply send one accounts-payable file containing multiple payment types, and we execute payments on your behalf, via EFT, EDI, wire payment or cheque. Payables Plus also accommodates ACH and EDI payments to U.S. vendors via Harris, our wholly owned subsidiary.


Benefits:
"One-stop" convenience - streamline all of your processing into a single payment format
Added value - get the efficiency, control and security of EDI without the investment in electronic payments
Reduced costs - eliminate the expense of handling paper payments — cheque printing, folding, inserting and reconciliation
Improved relationships - accommodate your vendors' remittance requirements without using multiple payment formats

Contact Us

Canada: (416) 867-4084

U.S.: (312) 461-2242

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DirectLine®

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United States

DirectLine® FX Service

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United States


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