the most trusted innovative partner in the financial industry webinar... · 2018-09-26 ·...
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I N D U S T R Y L E A D I N G C O M P L I A N T A C C O U N T I N G S U I T E
The most trusted INNOVATIVE PARTNER in the Financial Industry
Philip Malatesta
BankTEL – Sales Executive
Panelist:Mendy Collier Regent BankNowata, OK
Presenter:Lorna Combs STAR Financial BankFort Wayne, IN
BJ Etheridge First US BankThomasville, AL
INTRODUCTIONS
Panelist:
Panelist:
I N D U S T R Y L E A D I N G C O M P L I A N T A C C O U N T I N G S U I T E
WHO WE ARE
BankTEL has been providing
innovative financial
accounting software and
services since 1992. It all
started with one customer
who worked closely with our
team to build a cost-effective
software to automate internal
accounting processes. Over
the past 26 years, BankTEL has
established themselves as the
industry leader by servicing
over 1,700 financial institutions
in all 50 states and multiple
international locations.
o Jack Henry’s preferred accounting partner for over 15 years
o BankTEL currently has 451 Jack Henry clients• SilverLake clients – 262• 20/20 clients – 114• Core Director clients - 75
o Proven Silverlake, 20/20, Core Director & Synergy Integration • GL, DDA, Check Recon, & 1099 entries• IBM Data Transfer interface
o Completed Conversions since 2014: • 156 JHA Accounts Payable• 48 JHA Prepaid/Accrual
o ASCEND is hosted at the JHA Branson Mountain Datacenter or installed in-house/virtual
I N D U S T R Y L E A D I N G C O M P L I A N T A C C O U N T I N G S U I T E
WE OFFER EFFICIENT, INNOVATIVE SOLUTIONS
BankTEL exists to make
accounting as
streamlined, accurate,
secure, and affordable
as possible for financial
institutions. Our purpose
is straightforward and
our focus is intense. We
study the industry and
anticipate change,
utilizing the latest
technology to create
the most efficient
software.
A C C O U N T I N G S U I T E
I N D U S T R Y L E A D I N G C O M P L I A N T A C C O U N T I N G S U I T E
INTEGRATED PAYMENTS PARTNERSHIP
Pay your vendors via…
• VIRTUAL CARD
• ACH
• DIRECT DEPOSIT
• CHECK
BankTEL now offering
a new payment
method in ASCEND!
“My advice to other financial institutions
considering this program is to just do it. If you’re already using BankTEL ASCEND, it doesn’t make sense not to.”
- Nicole Hulbert, Senior Accountant Seaside National Bank & Trust
I N D U S T R Y L E A D I N G C O M P L I A N T A C C O U N T I N G S U I T E
I N D U S T R Y L E A D I N G C O M P L I A N T A C C O U N T I N G S U I T E
Switch to BankTEL• Switched from Jack Henry to BankTEL Ascend in 2016
BankTEL Products: • Accounts Payable
• Prepaids
• Approvals
• Remote Scanning
• Expense Reimbursement
• Vendor Management
Product Appeal• Onboarding
• Ease of use between BankTEL Products
• Efficiencies Gained
MENDY COLLIER Accountant
524 million dollar bank ・ 4 branches ・ Over 95 employees
I N D U S T R Y L E A D I N G C O M P L I A N T A C C O U N T I N G S U I T E
2 billion dollar bank ・ 38 branches ・ Over 500 employees
Switch to BankTEL• Current state of the Jack Henry Silverlake AP solution• eXspend was not well-received by employees• Prior to eXspend we had an in-house expense reimbursement system• Prior to that it was spreadsheets
Implementation• Efficient and within time frame estimated by BankTEL• Give extra consideration to how invoices should flow through the approval process
- Currently we send to AP for 1st review and then on to manager for 2nd review • Very little downtime for employees and AP
Efficiencies Gained• Very well-received by employees, especially expense reimbursement module• More intuitive then legacy version of BankTEL and Jack Henry Silverlake• Improved report options and spend visibility• Payment processing is more efficient and layout on the screen provides
more clarity and easier readability
Lorna CombsAP Coordinator
I N D U S T R Y L E A D I N G C O M P L I A N T A C C O U N T I N G S U I T E
825 million dollar bank ・ 19 branches ・ Over 193 employees
Switch to BankTEL• Switched from Jack Henry to BankTEL Ascend in 2016
• Accounts Payable and Prepaids (working to add more)
• Prior to migrating there was a lot of paper
Implementation• Successful data migration from Jack Henry AP product
• BankTEL was very efficient in meeting all deadlines
Efficiencies• Very well-received by management and approvers
• More user friendly than the AP program through Silverlake
• Reports and research of invoices so much easier
• Training and support exceeds expectations
• Accessibility to data for auditors
Billie Jo EtheridgeAccounts Payable Clerk
JAC 2018
BANKTEL WILL BE ATTENDING JAC 2018 ! ! !
I N D U S T R Y L E A D I N G C O M P L I A N T A C C O U N T I N G S U I T E
Bren DeenJHA – Sales Executive
Greg SchadJHA – Sales Executive
INTRODUCTIONS
I N D U S T R Y L E A D I N G C O M P L I A N T A C C O U N T I N G S U I T E
Questions
For addition information please contact Bren or Greg at 417-235-6652 or [email protected]