State and Local Government
Comprehensive Treasury Solutions
State and local government administrators are faced with the challenge to do more with less while delivering quality public services. At every governmental level, introducing cost savings and enhanced, more transparent process efficiencies is imperative.
J.P. Morgan has the expertise and commitment to deliver practical solutions that help governments facilitate payments and receivables and solve difficult cash management challenges.
Our financial solutions help lower costs through automating manual, paper-based activities, while improving service levels by simplifying the collection and disbursement of funds and related documentation. We also help state and local governments improve their supplier management, increasing the convenience of purchasing while reducing their transaction processing workload, improving controls and driving efficiencies for long-term benefits.
Receivables - State-of-the-art solutions to reduce resource costs, the risks associated with paper checks and account receivable system errors—and improve funds availability so government entities can invest cash more quickly.
Payables - Efficiency-enhancing solutions to safely and reliably manage disbursement and payroll activities, mitigate the risk of fraud, and streamline account reconciliation processes.
Liquidity Solutions - J.P. Morgan works hard to help our government clients maximize earnings on cash and short-term investments with commercial products such as NOW accounts, sweep investments and more.
At your request, your Commercial banker can provide you access to a J.P. Morgan Asset Management professional who can provide a full spectrum of U.S., international and global investment solutions for your endowments and foundations.