Getting paid quickly, and accurately, is essential to maintaining healthy operations and unlocking working capital. At Sovereign Bank, we help businesses accelerate receivables with modern, secure solutions that reduce manual processing and improve cash flow predictability.
Whether you’re collecting payments from customers, clients, or vendors, our tools make it easier to get funds where they need to be.
Solutions to Accelerate Your Receivables
- ACH Collection | Improve collection speed and predictability with secure, automated electronic payments. Perfect for recurring billing, membership dues, rent payments, and more.
- Merchant Processing Services | Accept card payments anytime, anywhere, whether online, in-person, or on the go. Our flexible solutions integrate with your point-of-sale systems and ecommerce platforms to keep payments simple and secure.
- Remote Deposit Capture (RDC) & Mobile Deposit Capture | Eliminate trips to the branch and deposit checks right from your desk or mobile device. Enjoy faster access to funds and streamlined recordkeeping.
Why It Matters:
- Shorten your cash conversion cycle
- Reduce manual errors and back-office processing
- Gain faster access to working capital
- Enhance your customer payment experience
- Improve overall cash flow visibility
Let’s Get Started.
Connect with a Sovereign Bank treasury specialist and start building a receivables strategy that works harder for your business.
