Automating Accounts Payable Processes to Drive Efficiency, Cut Costs, Improve Controls and Reduce Fraud

Man signs real estate paper work

As the largest real estate broker serving Cincinnati and Dayton, Ohio, Northern Kentucky, and Southeastern Indiana, Sibcy Cline has 1,100 sales agents and 22 branch office locations. But due to the highly manual nature of their work, treasury faced numerous challenges in making sure invoices were processed efficiently, payments were made on time, and fraud was mitigated. Reliance on paper checks exposed the organization to a greater risk of fraud, as well as higher costs in processing payments.

To address these pressing needs, Sibcy Cline’s treasury team selected Fifth Third Bank to implement its Expert AP managed payables solution. Download the case study below to see how Fifth Third seamlessly integrated electronic payments into the company’s accounting system.

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The views expressed by the author are not necessarily those of Fifth Third Bank and are solely the opinions of the author. This article is for informational purposes only. It does not constitute the rendering of legal, accounting, or other professional services by Fifth Third Bank or any of their subsidiaries or affiliates, and are provided without any warranty whatsoever.