VENDOR MANAGEMENT

Easily track and maintain risk assessments, contracts, and important dates of your institution’s vendor relationships.

Increase managerial efficiency and maintain regulatory compliance with the ASCEND Vendor Management application—a powerful set of features that allows the tracking of multiple contracts and the ability to maintain risk ratings under FDIC risk rating criteria.

Increase managerial efficiency

Track the latest financial and other corporate compliance information

Maintain regulatory compliance

Maintain risk ratings under FDIC risk rating criteria

The Vendor Management System is enhanced by the ability to scan or attach multiple images to vendor records and track the latest financial and other corporate compliance information.

  • Scan and attach multiple documents for contracts and vendors
  • Customizable important date notification, with unlimited categories (insurance coverage, audits, etc.)
  • User-defined contract types
  • User-defined vendor questions
  • Custom reports for all aspects of vendor management

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

CONTACT OUR
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