Payables Management

A sophisticated way to keep money moving
Maximize interest. Minimize fraud. Customize solutions.

When it comes to payables management, ConnectOne’s sophisticated suite of services is the simple answer for your business.

Sweep Accounts

  • ConnectOne conducts an automated daily sweeping of funds from operating accounts into disbursement accounts to cover presentments
  • Optimize operating account balance to maximize interest income

Zero Balance Account

  • Fund multiple accounts from a single source

Positive Pay

  • Minimize check fraud. Simply upload your payment files to our system, we'll compare checks presented with those on your file
  • Items that do not match or appear to be fraudulent will be marked and referred to you
  • Prevent ACH fraud. View ACH exceptions and make decisions on whether to allow or return payment
  • Click here to learn more

ACH Payments

  • Businesses can originate ACH (Automated Clearing House) credits/payments within a file or individually through online banking
  • Set payment permissions and filters to better manage disbursements while maintaining security

Account Reconciliation

  • Generate reports of paid checks by serial number order which reduces exposure to errors or check fraud

Electronic Data Interchange

  • EDI allows your business to receive additional transaction and non-transaction-based information and data. This can include invoice figures and gross and net invoice amounts.

Treasury Direct (Online Wire Transfer Origination)

  • Clients can initiate domestic and international wire transfers within online banking
  • Businesses can customize various levels of authorization, designating who can input the transfers and who can approve them
  • Templates may be created for recurring or repetitive wire transfers

Company Charge Card*

  • Manage and track business expenses with a ConnectOne Bank Company Rewards Charge Card from Visa®
  • Have administrative access to online account management
  • Employee cards at no additional cost and set individual spending limits to help you control spending.
  • Receive fraud alerts through text or email with SecurLOCK™
  • No annual fees1
  • Apply online

How can we help you?

Contact a ConnectOne Bank representative to learn more.

*Credit cards are issued by TCM bank, N.A. and are subject to credit approval.

1Refer to the card application's Important Disclosures for terms, rates and fees.

You come first. We aren't like those other banks.

At ConnectOne Bank, we understand that little things matter and focus on those things when providing personal and business banking solutions for our clients.