To thrive in today’s increasingly global business environment, you need to be sure your processes are running smoothly. These include paying vendors, employees and bills on time; reducing costs and potential for payments fraud; improving cash flow and forecasting; automating paper and labor-intensive processes; and consolidating business purchases. All this is possible with the right payables solutions.

Automated Clearing House (ACH)
Electronic Data Interchange (EDI)
Wire Payments
Tax Payments
Payables Outsourcing
Payroll Card
Corporate Purchasing Card
Controlled Disbursement
Accounts Payable Outsourcing

ACH can help streamline payment processes and eliminate the costs associated with physical check issuance. With ACH, you can automate payments, including direct deposit of payroll, tax payments and vendor payments. Make electronic credits to foreign accounts in the local currency (in the U.S., Canada, and 17 European countries). Transactions are available for review online as soon as the payment has been executed.

EDI can streamline your procurement process, improve trading relationships, and reduce the cost, time and errors associated with manual processing. EDI enables you to send and receive business payments electronically, along with remittance information by fax, email, VAN or direct transmission. You can also specify settlement dates up to 30 days in advance.

Wire payments ensure on-time execution and finality of payment for high-value or time-sensitive payments. Initiate domestic and international wire payments by phone, EDI, SWIFT, standing order or online via DirectLine®, our web-based treasury management portal. Once wire payments have been initiated and approved, you receive immediate confirmation, including payment details and reference numbers. Our DirectLine portal simplifies the payments process with point-and-click drop-down lists, templates and the flexibility to create one-time payments.

Our tax payments solution allows you to pay your federal or state taxes via ACH, by phone, or online via the DirectLine service. The DirectLine portal enables you to access details of every transaction as soon as the payment has been executed. Using the same-day deletion feature, you can also control the timing of your tax payments and correct or withdraw transaction entries. There is no need to know complex tax code formats; just select the appropriate tax payment from the drop-down list, enter the payment amount and the payment is ready.

Our Comprehensive Payables service helps you move to a paperless environment, reduce your costs and streamline your labor- and capital intensive functions by outsourcing your payables process to us. Enjoy the benefits of electronic payments, including streamlined processes, increased control, predictability of payments, and reduced risk of check fraud, without the overhead investment. Simply send us a single payment file, and we will create your payments using checks, ACH, EDI or wire transfers as required.

Our stored-value payroll card is a cost-effective alternative to issuing paper checks and is ideal for paying employees who may not have easy access to bank accounts, such as mobile, seasonal or temporary workers. Your employees can access their cash at participating ATM machines, or anywhere debit or credit cards are accepted. The payroll card can also be used for many other regular or one-time disbursements, such as spot bonuses, employee incentive awards and per diem expenses.

The Harris Corporate MasterCard^® lets you consolidate your business purchases to reduce your check processing costs, improve discounts from vendors and simplify your expense management and reporting. The Harris Corporate MasterCard is a single-card solution, suitable for travel and entertainment, purchasing and fleet expenses.

Our controlled disbursement solution gives you daily reporting of your funding requirements for your paper checks by 9:00 AM CT. Once you have determined your daily cash position, you can move funds to reduce short-term borrowings and overdrafts, or to capitalize on investment opportunities. Your daily presentment totals are available online.

Our accounts payable solution automates the accounts payable process from end-to-end and reduces processing time by quickly concentrating data into a single online application. We collect paper and electronic invoices from your suppliers and match them against purchase order data from your ERP or accounting system. If no match is found, exception processing is easy. You have online access to invoices and other documents as well as reports that can be tailored to meet your individual business needs.