The P3 Blog

Popular Payable Posts

← Back to The P3 Blog

Solve Problems, Make Money: A Smarter Way to Derive Fee Income

Accounting EfficiencyAP Automation

A Smarter Way to Derive Fee Income

Are you a midsize or community bank? If so, how does your bank compare to the market in attracting fee income? In 2017, you should begin to think of ways to benchmark your fee income against the market as a whole, see how you stack up, and strive to increase this important revenue source.

In the coming year, think about how fee income can provide a win-win for you and your customers. Start by looking at your commercial customer base, especially if you serve middle market companies that have a substantial volume of payables to manage but no easy way to automate their systems. Strive to work with your midsize commercial customers to solve these problems by offering services that streamline and automate the accounts payable process.

MineralTree offers solutions for banks that can help your midsize commercial customers. Our products support multiple payment options to help companies optimize their payables, maximize early pay discounts, manage working capital, and earn credit card rebates and rewards. By providing services that save your corporate customers money, you can make money. With the right partners, you should begin to see your fee income share climb in 2017.


Christina Pappas is the Director of Marketing at MineralTree.

We're transforming accounting by automating Accounts Payable and B2B Payments for mid-sized companies. Our award-winning solution has helped over one thousand businesses transform accounts payable from a source of inefficiency and fraud risk to a secure and strategic profit center that provides visibility into key cost drivers.

← Back to The P3 Blog

Subscribe to the P3 Newsletter now!