- Eliminate time and paper work associated with requisitions, approvals, purchase orders and invoice processing
- Make more timely payments to suppliers
- Simplify payment processes
- Access the latest technology for online reporting and reconciliation
- Integrate with their accounting system
- Set custom program features, controls and limits
- Earn rebate payments based on purchases
"UMB Financial Corporation is pleased to be selected as the purchasing card provider of choice by TCPN. We are proud to offer our government customers both an outstanding product and UMB’s world class customer service. Our success is based upon collaboration and integration with our customers and focuses on product innovation and process improvement. Our focus on the government sector has been critical to our success and a source of pride since the inception of our card business and remains core to our future," said Terry D’Amore, executive vice president and director, UMB Payment Solutions.TCPN is a national governmental purchasing cooperative providing commodity and service contracts to public entities throughout the country that utilize the cooperative's contracts. UMB appreciates the opportunity to work immediately with The Cooperative Purchasing Network and looks forward to a beginning a partnership to provide the membership with a program that delivers with the level of personal attention that will be essential as the program grows. “We are proud to have partnered with UMB; particularly as how they have a demonstrated track record of providing high levels of service and quality. This new procurement card program will provide significant cost saving opportunities to the 30,000+ public agencies that are already active members of TCPN,” said Chris Penny, Vice President, TCPN. To learn more about UMB card services and more, please visit: https://www.umb.com/Commercial/BankingSolutions/CommercialCards/Q023802. About UMB: UMB Financial Corporation (NASDAQ: UMBF) is a financial services holding company headquartered in Kansas City, Mo., offering complete banking, asset management, health spending solutions and related financial services to commercial, institutional and personal customers nationwide. Its banking subsidiaries own and operate banking and wealth management centers throughout Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska and Arizona. Subsidiaries of the holding company and the lead bank, UMB Bank, n.a., include mutual fund and alternative investment services groups, single-purpose companies that deal with brokerage services and insurance, and a registered investment advisor that manages the company's proprietary mutual funds and investment advisory accounts for institutional customers. For more information, visit umb.com or follow us on Twitter at @UMBBank.