Key Total Treasury

 

Benefit Payment

Streamline your organization’s payment process with cost-effective, accurate benefit payment processing services from KeyBank. Using state-of-the-art technology to deliver a full spectrum of benefit payment services, we currently process more than 40,000 distributions each month for more than 200 clients—and counting.

Our customizable solutions enable you to make periodic and non-periodic check and electronic payments on your terms, generating payments monthly, quarterly, semi-annually, or annually on pre-set dates. You'll also enjoy the accuracy you need, with up to 99 pay sources and deduction categories, taxable or nontaxable pay source designation, and timely delivery systems—benefit checks are mailed in advance, and payments charge to the client account on the payable date.

Using KeyBank’s powerful tools, including consolidated data archiving, online payment management, and fraud-fighting internal control systems, will empower you to minimize customer support demands and increase payment efficiency for greater organizational success.