ACCOUNTS PAYABLE

FEATURES AND BENEFITS
  • Automatic interface to host g/l & dda- saves manual entry or proof work
  • Print laser checks or pay electronically by ACH
  • Multiple user entry
  • Generate 1099’s
  • Unlimited g/l & branch/center allocations per invoice
  • Use tax tracking
  • Auto-Pay feature
  • Memorized Transactions
  • Allocation tables
  • Integration with Microsoft Excel for reporting
Accounts Payable brochure in .pdf format (for printing) Accounts Payable brochure in .jpg format (for quick viewing)

Is it time for you to consider a better solution for processing Accounts Payable within your institution?

 

At BankTEL we believe that as a financial executive in a fast paced, ever changing environment, it is most important for you to leverage the time, effort, and cost of your personnel and the ever rising cost of processing your Accounts Payable to the maximum benefit for your financial institution.

 

The BankTEL Accounts Payable system was designed with these goals in mind! Feature and benefit rich is the way many of our current customers describe this easy to use and robust application. Here are just a few of the efficiencies you will experience while using BankTEL’s Accounts Payable Software.

 

  • Automatically interfaces to your host system for both general ledger and DDA transactions saving manual entry and proof work.

  • Prints single checks, multiple checks or one check per invoice at user command.

  • Create an ACH file or post to DDA accounts for vendors who have accounts with you eliminating the need to print checks. With its auto email notification feature BankTEL’s Accounts Payable eliminates paper saving time and reducing cost.

  • A Vendor Management tab tracking contract dates, terms, SAS70 compliance, and risk rating just to name a few of the vital pieces of vendor information that can be tracked by the system.

  • Multiple Users/Multiple Banks allowed.

  • Unlimited general ledger and branch/cost center allocations per invoice.

  • Memorized scheduled transactions.

  • Sales/Use tax tracking.

  

I urge you to take a couple of minutes to speak with one of our knowledgeable staff to explore how BankTEL Accounts Payable system can improve your financial institution processes.