Take control of your cash flow. From streamlining payments and collections to delivering timely financial information, we offer the solutions you need to help maximize your liquidity.
Manage Cash Flow
Take control of your cash flow. From streamlining payments and collections to delivering timely financial information, we offer the solutions you need to help maximize your liquidity.
Managing the flow of your cash is crucial to your company’s daily operations as well as your growth trajectory. At BMO, we take the time to learn your business, your industry, and what that means for your cash flow and liquidity needs. We can then create a custom treasury, payments and liquidity package tailored to your unique needs and, more importantly, to what you envision for your business in the future. We back it all with a fully supported implementation and a high-touch service model. And our digital banking offering comes with extensive reporting and information delivery at your fingertips 24/7, including balance and transaction reports, mobile alerts and electronic statements, as well as access to your accounts on the go through our mobile app.
You need to streamline your receivables processes while reducing cost and errors. But you also need to be able to offer flexible payment options to customers, suppliers and trading partners while minimizing float. Capture and convert sales quickly through a variety of solutions like lockbox, remote deposit capture and merchant services. Let’s talk about how we can help improve cash application of all payments and support more types of receivables with lower overhead costs.
Your payment processing needs to run smoothly and efficiently, mitigating risk while offering convenience and flexibility. Let’s work together to develop a system featuring straight-through payment processing to achieve maximum payment automation; utilization of electronic and corporate card payments to minimize errors, manual processes and risk; defined processes to meet internal policy and risk mitigation requirements; and a solution with proper payment and reconciliation information for integration into Enterprise Resource Planning (ERP) systems and delivery spend transparency.
Choosing the right mix of depository solutions for your needs is foundational to proper cash management. Whether you require operating accounts or investment cash accounts, BMO offers a full range of deposit and liquidity services that can help your business. Our clients feel the difference when they work with us, let us help you find opportunities to put your cash to work.
Susan Witteveen is an accomplished executive within the financial industry across North America, having spent over 20 years in a variety of leadership roles.
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Head, North American Treasury and Payments Solutions Product Management and Enterprise Payments Modernization
Derek is Head of North American Product Management with BMO’s Treasury & Payments Solutions organization and Enterprise Payments Modernization. His team i…(..)
