It’s time to think differently about your FI’s treasury management.
OVERVIEW
With Fintech companies owning more market share, it’s never been more important for financial institutions to evolve. That can happen easily with innovative treasury management solutions by Deluxe.
When paired with strategic and engaging marketing initiatives, treasury management services can lead to more customers, more deposit volume and more fee-based income.
A modern treasury management department boasts innovative technology products, top talent and an enhanced customer experience.
FEATURES & BENEFITS
Our Treasury Management tools help you accelerate performance and quickly process payments.
Our professional services are here to help you with project management, business requirements, implementation, solution education, and customer care.
Our suite of advisory services help maximize your treasury management capabilities and are powered by unrivaled analytics, tools and expertise.
Deluxe Treasury Management Solutions help keep more of your money yours by outsourcing your financial services.
KEY BENEFITS
Deluxe Treasury Management Solutions works with industry leaders to accelerate access to working capital, improve straight-through processing, and drive profitable growth through in-house, hosted, or BPO solutions for receivables management, remote capture, payment processing services, and treasury management onboarding.
With over a century of experience, we help financial institutions, corporations, and non-profits succeed through innovative digital and traditional financial services. We empower organizations large and small through data-driven tactics and meaningful insights. Our relationships with the largest banks in the industry, community banks, and more than 6,000 unique corporations give us a deep understanding of what banks and corporations need. And we’ve consistently innovated and grown to stay ahead of those changing needs. Beyond a comprehensive suite of Treasury Management solutions, Deluxe also offers trusted advisors to help you exceed your goals of today and the future.
Deluxe has paved the way for the future of Treasury Management. Today, our intelligent Treasury solutions facilitate business in the cloud with improved cash visibility and forecasting to drive bottom-line value, scalability to do more with less, and better financial controls to mitigate risk for banks and businesses alike. Supported by our strategic investments and deep understanding of client and customer needs, Deluxe is proud to be the best partner for our clients.
More Solutions
Maximize your organization's performance with our professional services. We can help with project management, business requirements, implementation, solution education, and customer care.
Our suite of advisory services—powered by unrivaled analytics, tools and expertise—help maximize the breadth of your treasury management capabilities.
Deluxe Treasury Management Solutions can help keep you ahead of the game and cut costs by outsourcing your financial services.
Receivables Management Solutions
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A treasury solution typically refers to unique products or services provided to business, government or NFP banking customers that serve to address daily cash flows, working capital management and liquidity management needs of an organization.
There are four primary categories under which most treasury solutions are organized: 1) Payment Collections, 2) Payment Disbursements, 3) Business Process and Information Reporting related to payment cash flows, and 4) Liquidity Management.
Banking Treasury Services cover a broad range of payment, transaction processing, information reporting and liquidity management services designed to help organizations in the daily operations and optimization of their working capital management needs. Examples of banking treasury services fall into these four primary categories.
Payment Collections – Any product that enables more efficient delivery and collection of payments that are due from the buyer as compensation to the supplier of products or services. Examples of these collections include check deposits at a branch, remote deposit capture, lockbox payment collections and integrated receivables, or digital payment collection services, including merchant card payment collections.
Payment Disbursements – Any product that enables a payer to send a payment that is due and payable to an intended payee. Some examples of these disbursements include check payment issuing and payment reconciliation services, ACH payment origination services such as direct deposit of payroll, federal wire transfers and any form of digitized payments (including virtual card payments and integrated payables).
Business Process and Information – Reporting that is related to payment cash flows. These business processes and information range from bank fraud protection services, bank online or mobile information reporting and alerts, online bill payment and presentment services, lockbox deposit and processing services, Electronic Data Interchange (EDI) file delivery or reporting information associated with payments and more.
Liquidity Management – The management of an organization’s daily cash position and cash flow activities. Example of liquidity management may include short-term investment in Treasury Bills (T-Bills), Certificate of Deposits (CDs), money market funds, short-term bonds, cash sweeps into short-term investments, or cash sweeps to paydown loans or lines of credit.
The role of the treasury management department is to support the needs of enterprise customers and provides services to help businesses better manage daily financial planning and functions.
Treasury management systems refer to the underlying technology that supports the many products and services delivered by banks, fintechs and other third-party firms to support any manual, automated or digitized movement or processing of payment or liquidity management transactions.
There are also treasury systems within a company that are used to manage a company’s daily financial operations, reporting, accounting, and record keeping. These systems include, but are not limited to, treasury workstation systems, Enterprise Resource Planning Systems (ERP) for inventory management, purchase orders, billing, general ledgers, finance, accounting, accounts receivable, credit and collections as well as payroll, benefits, or risk and compliance.
Treasury Management can help automate accounts receivable, integrate bank data for more accurate forecasting, increase efficiency and productivity and improve cash flow.
Treasury management Is no longer a support group for commercial and business relationships. Today, financial institutions (FIs) find it essential for treasury management to drive deposit growth, grow revenue and enhance profitability — making it a strategic partner and contributor to the FI’s strength, stability and success.
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