Comprehensive Treasury Solutions
In today's climate of regulatory uncertainty and escalating costs, colleges and universities must find ways to control costs and improve efficiencies while keeping tuition affordable. J.P. Morgan has practical solutions which help colleges and universities facilitate payments and receivables and solve cash management challenges.
We help schools simplify the collection and disbursement of funds and lower costs by automating manual, paper-based activities. Our solutions also enable J.P. Morgan clients to modernize their operations by streamlining purchasing processes, reducing workload and improving controls for enhanced supplier management.
Receivables - State-of-the-art solutions to reduce costs, the risks associated with paper checks and account receivable system errors—and improve the availability of funds so colleges and universities 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.
Purchasing Cards - J.P. Morgan's Purchasing Card program enables colleges and universities to streamline their accounts payable function in a quick, efficient, and safe way. Our solutions offer clients flexible spending limits, comprehensive reporting, integrated data transactions and opportunities to earn cash back rebates on purchasing card spend.
Merchant Processing - Chase Paymentech™ provides the back office expertise to ensure all credit card funds are deposited quickly and accurately into college and university operating accounts. No matter the need, Chase Paymentech also offers various point-of-sale equipment options to make credit card processing a seamless part of any higher education institution.