Simplify your payables process.
Consolidated Payables provides the ability to streamline and optimize the payables process through the transmission of a single file that combines Automated Clearing House (ACH), wire transfer, check (including printing), and Commercial Card payments.
Take advantage of Consolidated Payables’ many features and benefits.
Reduce costs and gain efficiency in operations by centralizing the origin of payments. Leave the headache of maintaining multiple payment processes, files, and transmissions behind you.
Improve your cash flow. Take the opportunity to speak with your Commercial Card Consultant to transition check payments to Commercial Card payments.
M&T offers acknowledgements that your file has been received, or rejected due to a format error. The file receipt confirmation helps you stay informed of your payments with a summary detailing counts and amounts per payment type.
Understand the Process
Consolidated Payables FAQs
Looking for previous day reporting capabilities?
M&T now offers this service in a variety of file formats and frequencies to provide you with critical account and transaction information needed to reconcile your account processes.
Click here to learn more.