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Video Transcript

Managing your accounts payable operations can be, well, hectic. That’s why BankTEL is focused on helping financial institutions manage their expenses with easy to use software that maintains transparency, accountability, and regulatory compliance. With one in four financial institutions across the nation using BankTEL, our mission is to transform the way you pay your bills through a completely automated process. Unlike any other AP system, BankTEL integrates with your core systems so you can manage invoices and scheduled transactions easier than ever before, directly from the Ascend platform.

Unlike all those printed and reprinted files, our automated bill pay and handling will save your team valuable time and reduce errors and cost. With everything in one place, you’ll be able to track the invoice workflow from initial creation to final approval. The executives that are always on the go can approve from any location on any device, allowing your team to remove bottlenecks and avoid late fees. When you’re ready to pay, BankTEL allows you to process payments seamlessly using a solution like AvidPay bank. BankTEL can pay the invoice on your behalf, working with your vendor to select the payment method best suited for them. This fully automated process gives your team full control and visibility into your AP operations.

Now, each executive can keep track of progress through a fully customizable dashboard, allowing for improved audit trails and peace of mind. BankTEL has the technology to keep up with your growing business, and our team of experts is always there to provide the support needed as your company evolves. So if things get hectic, you’re always in control with BankTEL. Automate your financial institution today.

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