PNC’s treasury management solutions operate behind the scenes to enhance your own internal operations, to help you increase your revenues and shareholder value.

• Streamline deposit preparation, accelerate funds availability and reduce processing costs with PNC’s Image Cash Letter service. XD9.37 formatted image files can be transmitted to PNC 24 hours a day/7 days a week for processing of deposited items.     
  
• Provide a secure process for supplying U.S. dollar and approved foreign currency to your branch network with PNC’s Cash Logistics service.  We accept and process large volumes of currency/coin delivered to and from your branch network by your armored carrier service.
• Automate transaction allocation and reconciliation with PNC’s Purchasing Card.  With the use of our purchasing card program, you can reduce costs associated with your procurement of goods and services as well as extend your payables process.
• Automate the steps between procurement and payment in your accounts payable process with A/P Advantage. You can use PNC’s premier lockbox network to receive and scan your paper invoices, eliminating the inefficiencies of paper-based processes.
• Access to information reporting, transaction initiation and client service anytime and from anywhere, 24x7, through PINACLE^®. PINACLE FX offers a secure online foreign exchange payment mechanism for real-time foreign currency payments.

SPG helps financial institutions deliver comprehensive Treasury Management capabilities to their clients doing business in the United States. We offer varying levels of marketing, sales, client care, billing and implementation support.

Payables Solutions

• Reduce the costs and maintenance of multiple payment systems. Our Payables Advantage solution automates a company's disbursement function with a single transmission of consolidated payment files for check, card, ACH, and wire transfer payment instructions.
• Make prompt payment while minimizing the cost and risks associated with paper checks with Automated Clearing House (ACH) services.
• Make informed check funding decisions and reduce disbursement risk with Controlled Disbursement/Account Reconciliation solutions.
• Reduce the time and costs associated with corporate card services with our Purchasing and Travel/Entertainment cards that are tailored for medium to large sized companies.

Receivables Solutions

Help your clients centralize and expedite the collection of their accounts receivable with a comprehensive solution. A/R Advantage, PNC’s wholesale lockbox service, comprises an eight-site lockbox network. It is one of the largest in the United States and is top-rated in terms of performance (Phoenix-Hecht, 2013). PNC’s sites efficiently process paper (check) and electronic (ACH, wire and credit card) remittances.

Enable your clients to bill and receive payments electronically from U.S. consumers and small businesses. PayerExpress provides your clients with a website displaying their own logo, where their customers can securely view and pay their bills online.

Information Reporting

Your clients can access account information online and on-the-go 24/7 from your desktop or mobile device. PINACLE^®, PNC’s top-rated, corporate online banking portal, delivers powerful, comprehensive tools in a secure environment.

To learn more, contact PNC’s Strategic Partners Group at spg@pnc.com.