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Pooled Bank Account

Received Response
edited Jul 9, 2020 4:54PM in Payables, Payments & Cash Management 2 comments


Hi. Is anyone using pooled bank accounts? I'm working with a customer and discussing centralized payments with the option of pooled bank accounts. I'm curious if others have implemented this and what benefits have you experienced? e.g. reduced bank fees and charges, reduced reconciliations, etc. Also, any cons to the process?

Thanks in advance.


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