Our Accounts Payable solution is a robust application with an easy-to-use interface, designed to deliver maximum benefit and increased efficiency. The environment creates an automated process for managing invoices, saving key entry and reducing errors, while providing an efficient system for tracking invoices and approvals.
- Strict operational compliance needs for financial institutions
- Multiple users and multiple companies
- OFAC compliance
- Streamlined Approval Workflow (Invoices and Vendors)
- Effective Control, Complete Audits, and Operational Efficiency
- Invoice imaging with direct scanning via TWAIN interface
- Invoice allocation module for multiple companies
- Vendor withholding capability
- Document imaging for invoice and vendor information
”We run a massive volume of bills through Accounts Payable. It‘s easy to learn and easy to use, and we’re able to train back-ups in-house.Peggy ScottSenior VP and Comptroller First American Bank
For organizations that print paper checks, the process of printing checks, stuffing envelopes, and mailing can overwhelm even the most efficient accounting team. With our ASCEND Innovative Payments solution, you can enhance your productivity and most importantly, increase profitability.
ASCEND offers an unlimited number of companies and paying institutions in one database. Each company has its own set of users and permissions with the ability to interface to their respective GL.
When having more than one company, ASCEND allows for an invoice to be paid from one company but split the expense of that invoice to other companies’ GL. This feature saves countless manual entries or tickets.
ASCEND offers the ability to import a file into Accounts Payable that will prepopulate invoices into the software. You can use this feature to create hundreds of invoices in just a few moments.
What Our Clients Are Saying
“We just had our first external audit with ASCEND. I scheduled a 30-minute sit-down with the auditor to look at specific items. This process would have taken about six hours before ASCEND. The auditor couldn’t get over how easy and accurate it was. She said at least 10 of her bank clients immediately came to mind, that should start using BankTEL. She took a stack of my cards, to give to the accountants at these banks, in case they wanted to call with questions.”Nicole HulbertSeaside National Bank & Trust
“I’ve been through the conversion process to new software before, and it’s usually a nightmare. Nothing balances and nothing works. But with ASCEND, things balanced and things worked. It was a very easy move.”Mendy CollierRegent Bank
“With BankTEL, everything was more streamlined, there was better reconcilement, better functionality and better security on the user-side of things. It was a major step up for us.”Heath PrescottFarmers & Merchants Bank of South Carolina
“Banks deal with accounting every part of every day. It’s a core part of the business. To be able to maneuver through the system and have the detail of records, the tracking and reporting that are available at BankTEL, was long overdue. Ascend is leagues ahead of where we were previously.”Tony AtecaSecurity Federal Bank
“One thing I like about BankTEL is that they always want to know what you want and how they can make their product better. They like to listen to customers.”Lynn McKeeBankWest