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