Payables

Manage payments and enhance your bottom line

Commercial bank customers are focused on controlling operating costs in an effort to stay competitive. Trustmark offers several solutions to streamline Accounts Payable (AP) operations, especially automating labor-intensive tasks.


Explore Payables solutions:

ACH Direct Deposit of Payroll

ACH Disbursements

Tax Payment Service

ePayables


ACH Direct Deposit of Payroll

Make payday more convenient

Trustmark provides the tools and knowledge that make using the Automated Clearing House (ACH) network an affordable and realistic option for your company. Direct deposit can save your employees a trip to the bank on payday, which saves your business valuable productivity time.

Benefits:

  • Increase security by eliminating check fraud and lost or stolen checks
  • Lower costs for check supplies and storage
  • Reduce time spent reconciling your payroll account
  • Eliminate geographic constraints and costs associated with paying employees located in different areas
  • Increase employee productivity by reducing trips to the bank on payday


ACH Disbursements

Efficiently disburse funds electronically

Settle with your trading partners electronically. Business-to-business payments will benefit both you and your trading partners.

Benefits:

  • Reduce the costs associated with vendor payments
  • Accurately time payments, allowing you to maximize vendor discounts
  • Provide greater security by reducing the number of checks written


Tax Payment Service

Pay your taxes electronically

Through Trustmark’s electronic tax payment service, companies can initiate state or local tax payments by telephone or personal computer. This service helps facilitate compliance with government mandates and automates paper-intensive, manual tax payment processes and systems.

Benefits:

  • Simple and convenient
  • Pay both state and federal taxes
  • Local support for system assistance

How to enroll

Signing up is quick and easy. Complete this enrollment form and either mail or fax the form as indicated, or visit any Trustmark branch and ask for an enrollment form. Already a Trustmark Tax Payment Service customer? Click here to log in.


ePayables

Streamline and automate

Commercial bank customers are focused on controlling operating costs in an effort to stay competitive. Methods to streamline Accounts Payable (AP) operations, especially automating labor-intensive tasks, are very important to finance departments. Companies are increasingly focused on process improvements, and then supporting them with automation.

Trustmark’s ePayables solution, Paymode-X, is a B2B settlement network that helps organizations transition from paper checks to electronic payments and remittance delivery, reducing the overall cost of AP while creating a valuable source of cash via rebates. Organizations that join Paymode-X are able to speed payments, eliminate paper, reduce labor intensive processes and deliver critical transactional information. Paymode-X is rapidly becoming the way businesses prefer to pay and get paid.

.

Benefits:

  • Creates revenue opportunity in Accounts Payable
  • Helps reduce the cost of doing business
  • Increases Accounts Payable productivity and optimizes working capital
  • Speeds migration to electronic payments through a turnkey solution