According to the
Federal Reserve, wire transfers increased 9.6% annually by volume and 8.4% by value between 2018 and 2021. That growth is hitting city and utility finance teams who are already stretched thin.
So when a resident or business wires in a payment, for permits, utilities, or development fees, it shouldn’t take three systems and multiple staff just to post it.
Public sector agencies can record incoming wire payments directly inside Euna Cashiering, alongside checks, cards, and cash.
This small but powerful feature helps agencies save their staff time, reduce errors, and accelerate reconciliation, all without changing their bank or overhauling their operations.
The Problem: Wire Payments Live Outside Reporting Systems
Most government finance teams are receiving wire transfers regularly, and are handling them manually:
- A resident or business logs into their bank and sends a wire
- The payment hits the agency’s bank account
- Agency staff receives a notification (maybe an email or printout)
- Then re-keys the payment into:Their ERP or general ledger
- Their source system (like permitting or utility billing)
- Their reporting spreadsheet or tracker
That’s 3 entries per transaction, every single time. It slows down reconciliation, introduces risk, and adds to staff workload.
The Fix: Record Incoming Wires in Euna Cashiering
With Euna, finance teams can record incoming wires in the same centralized platform used for any other payment channel.
Here’s what’s included:
- Input payer details, amounts, and wire notes
- Assign GL codes and effective dates
- Automatically post to Revenue Management
- Maintain a full audit trail for compliance
- Skip the double/triple entry, it’s all in one place
The ROI: Efficiency You Can Measure
While wire payments can represent a small percentage of total volume, they often require the most manual effort, making them an ideal area for freeing up staff time.
| Metrics |
Old Process |
With Euna |
Impact |
| Time per wire |
~15 minutes |
~5 minutes |
Save 10 minutes per wire |
| Entry points |
3+ systems |
1 platform |
Reduce duplicate work by 67% |
| Monthly volume (Assume ~200/month) |
~50 hours |
~17 hours |
Save 33 hours per month (one full week) |
| Labor cost (@ $40/hr) |
~$2,000/month |
~$680/month |
Free up $15K worth of staff hours annually |
Built for the Way You Work
From permit fees to utility payments, incoming wires are essential to agencies’ operations.
But they’re often tracked outside of the systems that are relied on every day. That means:
- Slower month-end close
- More risk during audits
- And extra pressure on finance teams
With
Euna Cashiering, you gain the ability to record and report on every wire just like you would a walk-in,
kiosk, or
online payment.
Don’t Just Upgrade Wire Posting, Upgrade the Whole Payment Experience
Euna Payments is more than just cashiering. It’s a centralized payment collection platform that helps local governments and utilities:
- Accept payments in person, online, by phone, or at kiosks
- Reduce manual work and eliminate system silos
- Simplify reporting, reconciliation, and audits
- Improve the payment experience for residents and staff
Agencies using Euna report to save up to $180K per year by streamlining how they collect and manage revenue.
See What a Unified Payments Platform Can Do
If you’re still managing incoming wire payments (and every other channel) across disconnected tools, now is the time to rethink your approach.
Let’s talk about how
Euna Payments can:
- Bring all revenue streams into one secure platform
- Help your staff save time
- Drive digital adoption and more on-time payments
