Accelerating Treasury Management Capabilities: Our Bremer Bank Partnership

Accelerating Treasury Management Capabilities: Our Bremer Bank Partnership

A Winning Partnership

By: Tim Hadley, Treasury Management Product Director - ONB and Steven Shafer, Treasury Innovation Manager, SVP - Bremer Bank, a division of Old National Bank

One of the many benefits of partnering with other like-minded financial institutions is to bring the "best of both worlds" to our clients in terms of new features, functionality and services. Our partnership with Bremer exemplifies how one plus one creates more than two for our combined bank's clients.

In combining our two companies, we compared each bank's Treasury Management product sets, comparing features and capabilities to determine how to best serve our clients. The net result is a larger solution suite available to clients of both banks, giving more options to manage their cash position by getting paid faster and more efficiently, by converting payments from paper to electronic methods, and by leveraging data and security tools to better run their businesses.

Product Roadmap

Integrated Payables is a solution that enables our business clients to send a single payment file to the bank, where we route payments to the clients' suppliers (payees) based on the supplier's preferred method of being paid. Payments can be sent via virtual credit card, ACH or check - and the platform includes built-in supplier engagement and enrollment capabilities, helping turn check payments into electronic payments.

Integrated Receivables allows our clients to aggregate lockbox payments with online bill payments, ACH payments and email correspondence to help match and clear inbound payments. This greatly improves efficiency for clients by allowing the technology to match payments to open invoices, leaving only exceptions to be manually handled by our clients' accounts receivable employees.

Biller Payment Portal allows clients to have a custom-branded website that their customers can use to pay their invoices by credit card, debit card and ACH debit. This solution has broad capabilities, from a simple website to a deeply integrated experience - giving our clients control over their brand experience.

Digital Integration Services creates a connection between our clients' ERP or accounting software and the bank's transaction systems, feeding balance and transaction history securely using API connectivity.

In addition to these featured updates, the combined bank boasts a larger cash vault and virtual vault network, enhanced commercial credit card capabilities, and an improved secure file transmission experience.

Our Path Forward

We expect to introduce the new products for new clients in early 2026. We are eagerly anticipating these initiatives, so keep these products in mind as you and your relationship manager begin to plan for 2026!

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