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Public sector treasury modernization: More payment choice, less manual processing

Learn how government treasury leaders can modernize payment collections and disbursements while strengthening controls and the constituent experience.

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Public sector treasury modernization: More payment choice, less manual processing

Learn how government treasury leaders can modernize payment collections and disbursements while strengthening controls and the constituent experience.

In the public sector, everyone is under pressure to do more with less. Faster funds delivery and more efficient collections, while also maintaining control and visibility. Outdated systems and paper-driven processes act as a brake on progress, but modernisation can bring its own challenges.

At J.P.Morgan, we're offering differentiated solutions that really meet the needs of our customers end to end. We're looking at reliability, proper controls and compliance, and safety and security for our customers.

J.P.Morgan is a trusted name in the public sector, serving a breadth of clients that includes school districts, cities, counties, states, and federal agencies, all the way to international government. And through our GSA MAS contract, eligible state and local agencies can use cooperative purchasing to access select Treasury services. We're transforming how money moves around the world, protecting public dollars with scalable fraud protection.

What we're trying to do is not only embed our products and services that assist a client in making sure that they become more efficient, but we're also doing it in a very secure way, giving our clients, again, tools that they can use to ensure that their payments are secure, they are intentional, and they don't open up the client to potential fraud.

J.P.Morgan delivers modernization that supports scale without replatforming, with a more connected view of collections and disbursements, better reconciliation and transparency, for cash flow that moves faster and public dollars that work harder.

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References

1.

Greenwich Associates 2021 Large Corporate Cash Management Report