banktel’s ascend webinar - banktel... · 2020. 2. 22. · banktel –sales executive ... leading...
TRANSCRIPT
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
BankTEL’s ASCENDClimbing to the Summit with our Accounts Payable Suite
Hosted by
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
BankTEL - President
Presenter
• ASCEND Accounting Suite
• Audit and Compliance
• Hosted vs. In-House options
• Innovative Payments Solution
• User Conference 2017
• Live ASCEND Walk Through
Topics to be discussed:
Agenda
Live Demo
BankTEL – Sales Executive
Heath Viner
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
For 25 years we have been
working hard to established
ourselves as the industry
leading financial accounting
software provider by servicing
over 1,500 financial institutions
in all 50 states and multiple
international locations.
o BankTEL is Jack Henry’s exclusive accounting partner and has been for over 15 years
o Integration to JHA SilverLake, 20/20, Core Director and JHA Synergy
o Seamless conversion from JHA Accounts Payable, JHA Prepaid/Accrual systems and JHA Shareholder
o BankTEL currently has over 437 joint JHA clients, and 1,500 financial institutions nationwide
o BankTEL can be managed in-house/virtual or at JHA OutLink Data Center
Who We Are
E S T A B L I S H E D 1 9 9 2
P A R T N E R S H I P
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 provide exceptional, quantifiable customer service
—Auria Martin, Vice President Reporting Manager, Avidbank
“BankTEL has excellent customer service. They’re very responsive and patient."
No client is too big and, more importantly, no client is too small. We
value conversation, and if we can’t be reached immediately, our
goal is to respond within 15 minutes. Honesty and integrity drive our relationships. Your needs and suggestions drive our solutions.
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.
Core Solutions
Ancillary
Solutions
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
BankTEL’s ASCEND System
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
BankTEL 2017 Projected Client Transactions
Payments
Payment Volume
Active Users
Expense Reports
6 Million
$6 Billion
600 Thousand
400 Thousand
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
• SECURITY - State of the art cloud security/disaster recovery
• FRAUD - Intuitive Fraud & Approval system that controls your check process
• COMPLIANCE – Meets all compliance requirements
• AUDIT – Complete audit trail and date stamp
Security • Fraud • Compliance • Audit
Audit and Compliance
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
Dedicated To Your Compliance
• Standard Items BankTEL can easily provide:
• SSAE16 (soon to be SSAE18)
• Any required gap letters
• Vendor Qualification Form
Available Due Diligence Documentation
BankTEL takes compliance very serious and we strives to stay ahead of the
trends, both with software innovation and the way we conduct business.
When doing business with BankTEL, you can rest assure that meeting your
audit and compliance needs are as easy as possible.
In addition, we are going to provide quarterly webinars to our clients to
educate you on compliance and keep ahead of trends.
BankTEL undergoes a SSAE16
(now SSAE18) audit annually -
which for an organization of our
size is a large expense and time
consuming. We recognize the
stress you are under and want
to make sure our processes are
documented and compliance
with regulations. We provided
our own voluntary Vendor
Qualification Form, that
includes items outside the
scope of what you might
expect. As part of our internal
audit procedures through the
SSAE process, all of our hosted
services and products are
reviewed annually to ensure we
are delivering the best possible
service.
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
• Lower Operating Costs
• Shorter Implementation Timeline
• Scalability
• Ease of Updates/Upgrades
• Disaster Recovery
• Audit and Compliance
• Access from any web enabled device
Hosting Option Available
Benefits of Jack Henry
Mountain Hosted Solution
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
REDUCED PAPER TRAIL
– Allows vendors to accept virtual credit card payment
REDUCED COST
- Electronic conversion of manual check payments
SPEEDY PAYMENTS
– Faster payments to vendors
REDUCED FRAUD
– Reduces payment fraud and risk
INCREASED EFFICIENCIES
– Allows better efficiencies within your AP process
EARN REBATES
– (Interchange) reducing the cost of the AP process
Virtual Card Solution
Integrated Payments Partnership
(Monthly payments to the Financial Institution)
The average cost of processing one check is more than $10. More than half (54%) ofcompanies need to pay more than 1,000 suppliers, of which half pay over 5,000 suppliers.This creates significant overheads for check production, processing and mailing.
Reduce Costs
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
BankTEL User Group
User Conference 2017
Guest Speaker
Edmund C. Moy38th DIRECTOR OF THE UNITED STATES MINT 2006 - 2011
“Future of Cashless Societies”
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
AscendLive Walk Through
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
Q&AQuestions and Answers
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
New Business Sales
Pat SluderGeneral Manager
Katie GrimesSales Executive
Heath VinerSales Executive
Phillip MalatestaSales [email protected]
Paul KeithSales Executive