U.S. Bank Corporate Payment Systems

U.S. Bank helps higher education organizations streamline payment programs to improve transparency and enhance control

In these days of tight budgets and intense scrutiny of public spending, universities and colleges are scrambling for ways to cut costs, improve transparency and enhance purchasing oversight while continuing to meet their primary missions.

U.S. Bank tools helped multiple employee groups at OHSU share transaction information more easily.

A U.S. Bank Corporate Payment Systems solution can be ideal. From purchase cards to corporate travel cards to fleet cards, U.S. Bank has the payment tools higher education organizations need to lower purchasing costs and ensure the responsible use of institution funds. For instance, U.S. Bank helped Oregon Health & Science University (OHSU) implement a purchasing card program that supported a diverse user group and helped managers more accurately monitor spending.

Contact a U.S. Bank representative for a payment program audit and more information about U.S. Bank solutions.

Resources

Higher Education
Industry Facts

There are 4,276 degree granting institutions with more than 17 million students in the U.S.¹

The 2009 federal economic stimulus package contains about $106 billion earmarked for education.²

American Association of University Administrators
www.aaua.org

National Association of Educational Procurement
www.naepnet.org

National Education Association
www.nea.org

U.S. Bank Corporate Payment Systems Overview

¹ U.S. National Center for Education Statistics,
Digest of Education Statistics, annual.
² Los Angeles Times, February 13, 2009.