A note from Jeff Felser, Senior Vice President
Our newsletter this month focuses on PNC's recently introduced ActivePay® Single Use Ghost Accounts (SUGAs). Now being implemented by many of our clients, these virtual card accounts provide an increased level of spending control and save significant time in reconciliation when used as a settlement option for accounts payable. Read more.
SUGAs Deliver Greater Efficiency, Control and Savings in AP Processing
After implementing SUGAs, a business can expect significant cost savings, float extension over greater dollar volumes, and the opportunity for increased revenue share on their spend. Read more.
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Steps for Optimizing Savings
Simple steps enable rapid adoption and effective ongoing management as you install SUGAs in your business operations and set up and manage vendor relationships. Read More.
Single Use Ghost Accounts Streamline Claims Payments for GWC Warranty
GWC Warranty Corp., a leading provider of service contracts for over 20,000 auto dealerships, now uses SUGAs to efficiently process over 600 claims payments per week. Read More.
ACHIEVEMENT IN NUMBERS
National Economic Outlook
Published early each month, PNC's National Economic Outlook provides analysis and forecasts of key U.S. data, such as real GDP, interest rates, inflation, income, employment, industrial production and housing prices.
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