Year End Release

Year End Release

BankTEL wants to inform all customers that on December 21, 2011, there will be an update that will be required for year end compliance.  It will be downloaded and installed automatically as you are used to when you login.

The products that will require this update for year end compliance are: Accounts Payable – 4, Accounts Payable – 5, Prepaids, Fixed Assets and Shareholder. 

If you have any questions pertaining to the information above, please feel free to e-mail us at, or contact our technical support department at (662) 245-1007.

Mississippi's Governor-Elect Phil Bryant Comments on BankTEL

Columbus, Miss. – Lt. Gov. Phil Bryant today stopped at BankTEL Systems, a local financial software company with a global reach, founded and headquartered in Columbus. BankTEL provides auxiliary financial software products to financial institutions in all 50 states and over 8 foreign countries.

Mr. Bryant said, “I have enjoyed seeing what BankTEL offers and it is always great to see a Mississippi business thriving in this economic environment. BankTEL represents Mississippi well as they do business around the world.”

“BankTEL’s cost cutting software products are helping companies around the world cut costs, automate, and drive efficiencies to help their businesses,” Boyce Adams, Jr., VP – Marketing and Sales mentioned. “We applaud Lt. Gov. Bryant for taking a strong role in helping Mississippi businesses.”

Phil Bryant on BankTEL

Independent Bank – Invoice Approval

Invoice Approval Workflow

McKinney, TX (December 15, 2011) – Independent Bank selected BankTEL as its vendor for Accounts Payable, as well as a number of other automation programs.  The bank subsequently installed and converted to BankTEL, which provides seamless integration to their core system.

In order to save time and resources in sending invoices around the bank for approval, they chose to install BankTEL’s Invoice Approval module.  It features a web-based browser, with automation of inter-company invoice approval with the ability to assign multiple approval officers for each invoice. This module allows you to have an unlimited amount of approving users with the ability to set the approval limits for each officer. Independent Bank is extremely pleased with the ease of conversion and product features to help them carry out their mission.

According to Amy Feagin, Assistant VP/Accounting Department Manager:

“The Invoice Approval Module has been a huge success and has saved my Accounts Payable Specialist a considerable amount of time. This module has a ton of features that make entering invoices easier and faster.”


Commerce Bank

“The Banktel AP software is great. Accounts payable went from being ‘hell on earth’ to a pleasure. All is most definitely well.”


Deborah Savage

Accounts Payable Clerk

Commerce Bank


Home State Bank

“The implementation of BankTEL’s financial suite eliminated multiple systems and processes for us and has been a great all-in-one product. The Accounts Payable, Prepaid and Accrual, and Fixed Asset modules are easy to use and provide seamless integration with our core processing / general ledger system. BankTEL’s support staff is knowledgeable and always quick to respond. We’ve run this software for over a year now, and are beyond thrilled with it. It was the solution we were looking for.” 


Abbey Veurink
Assistant Controller
Home State Bank – Loveland, Colorado

Community National Bank & Trust

Chanute, Kansas (December 1, 2011) – Earlier this year, Community National Bank & Trust selected BankTEL as its vendor for Accounts Payable, as well as a number of other automation solutions.  They subsequently installed and converted to BankTEL Systems.  With seamless integration to the core system, the product suite fits perfectly into the banks need to automate and manage the banks accounting functions.  Community National was extremely pleased with the ease of conversion and product features to help them carry out their mission.

According to Diane L. Myers, VP/BSA Officer:

“Invoices for all locations are paid from the Main Bank and we process checks daily, with 800+ invoices per month.  We saw a demonstration of BankTEL and fell in love with the products.   We converted to BankTEL in September 2011 and are enjoying the features and advantages that BankTEL has to offer.  No conversion is perfect, but BankTEL was very supportive throughout the whole process and made the conversion go well. They also offer excellent web based training on the different products and areas before conversion to assist in the transition.”

“Not only were they supportive during the conversion, but whenever, we have questions or a problem, we can e-mail or call and they usually respond back within 5 to 15 minutes.   We would definitely recommend this to anyone looking for a product that is user friendly, efficient and consists of a wonderful support staff with excellent customer service.”